Correct Answer: D

Defining intercompany Receivables and Payables accounts is required before using the intercompany feature.

Note:

*

You must define Intracompany balancing rules if you want to balance journals automatically. You may define as many or as few balancing rules as you choose, and each balancing rule may have one or many accounting rules.

*

Intracompany balancing allows you to define rules according to the business needs of your company. When there are many balancing rules defined, the Balancing API uses an evaluation order to pick the appropriate rule. Once the balancing rule is selected, there may also be several accounting rules that must be evaluated on the balancing rule. The Balancing API uses the sameorder for evaluating accounting rules, and understanding this evaluation order will help you define your balancing rules and accounting rules.

Reference: Oracle Financials Implementation Guide, Intercompany and Intracompany Balancing

Correct Answer: D

D (not C): You can have a more granular sset of rules. For example, you can define a different rule for each legal entity and one chart of accounts rule to cover any gaps in your rule definitions. You can gain even more granularity by defining rules for specific journal and/or category combinations or intercompany transaction types.

Reference: Oracle Fusion Applications Financials Implementation Guide, Defining Intercompany Balancing Rules

Correct Answer: E

My Account -- Displays the "My Account dialog", where you can specify your preferences, such as time zone, delivery devices, and delivery profile.

Reference: Oracle Fusion Middleware User's Guide for Oracle Business Intelligence Enterprise Edition (Oracle Fusion Applications Edition), What Is the Oracle BI EE Global Header?

Correct Answer: ABC

Generating Allocations and Periodic Entries Manually

1.From the Navigator, click the Journals link to open the Journals work area.

2.

In the task pane of the Journals page, click the Generate Allocations link to open the Submission page.

3.

Optionally select one or all of the following options:

*

(A) Print Output

*

(B) E-mail me the output

*

(C) Notify me when this process ends

4.

Select a rule or rule set from the list of values.

5.

Enter the submission parameters, including Ledger, Balancing Segment Value, and Period. The application automatically sets the last day of the submission period as the Accounting Date and Calculation Effective Date.

6.

Accept the selected check box for the Post Allocations option to enable the process to post the journal entries.

If you deselect the check box for the Post Allocations option, you must post the entry manually or define an AutoPost Criteria Set to automatically post the journal entries.

7.

Click Submit.

After the generation process is complete, the journal entries created by the process are available for inquiry on the Journals page.

Reference: Fusion Applications Help, Generating Allocations and Periodic Entries Manually

Correct Answer: BC

Batch Bursting only supports output to Snapshot Reports, Books and PDF files. Output to a printer, HTML and MHTML are not supported for Batch Bursting.

Reference: Specifying the Batch Destination and Bursted Output Labels

Correct Answer: A

You can store balances based on business dimensions outside your chart of accounts using supporting references. In other words, supporting references extend your chart of accounts without cluttering your general ledger with unnecessary detail. For example, you can store balances based on geographies, channel, industry, investment type, fund manager or product category without including these key business dimensions in the chart of accounts. These balances are stored in the accounting repository, readily available for reporting and analytics Reference: Oracle Fusion Accounting Hub, Oracle Data Sheet.

Correct Answer: C

You are required to enter the daily rates for currency conversion from Great Britain pounds sterling (GBP) to United States dollars (USD) each day for your company InFusion America Inc.

Oracle Application Development Framework (ADF) Desktop Integration is an Excel add-in that must be loaded onto each client. Because ADF Desktop Integration is an add-in to Microsoft Office products, you can use this feature only if they have Microsoft Excel 2007 or above, Internet Explorer 7 or above, and Microsoft Windows 7, XP Professional SP2, or Vista. Users must download the installation files from Navigator - Tools - Download Desktop Integrator Installer.

Reference: Oracle Fusion Applications Financials Implementation Guide, Entering Daily Rates Manually: Worked Example

Correct Answer: C

The Withdraw Approval button on the Journals page is used at anytime in the approval process to withdraw journals from the process. Clicking this button allows you to edit to the journal. After your changes are made, submit the entry for approval again. When a journal is withdrawn, the completion status is set to Incomplete.

Reference: Oracle Fusion Applications Financials Implementation Guide, Approving Journals: Points to Consider

Correct Answer: D

Key Figure Manager is used against an SAP BW data source only.

Reference: Using the Key Figure Manager for Financial Reporting

Correct Answer: B

The Oracle Business Intelligence 11g Action Framework makes it possible to set up navigation paths to critical information that can be displayed on analyses right next to users' data.

These paths--or "action links"--can bring up related reports or Websites, or they can enable users to complete business processes by performing actions that access separate applications. Action links are displayed as contextual menus and

can contain either mandatory or optional items,

depending on conditions you have defined.