Oracle Fusion Financials: General Ledger 2014 Essentials: 1Z0-408

You customer is a financial Institution that needs to maintain overage daily balances (ADB). Which two statements are true regarding this functionality in Fusion Applications?

A. ADB provides organizations with the ability to track average and end-of-day balances, reportaverage balance sheets, and create custom reports using both actual and average balances.

B. Average balances are stored for both subledger balances and general ledger balances.

C. Average balances are stored in the Essbase cube.

D. Average balances are maintained for both actual and budget balances.

E. When using ADB, you must define a daily calendar and assign it to your ADB ledger.

You want to process multiple allocations at the same time. What feature do you use?

A. RuleSets

B. Point of View (POV)

C. Formulas

D. General Ledger Journal entries

What type of user must be defined before you can create an Implementation Project?

A. None. The Fusion Applications Superuser, FAADMIN, has full access to create an Implementation Project.

B. A full-time employee that has the FSM Superuser role assigned

C. None. The OIM system administrator user ID, XELSYSADM, which is assigned by the person provisioning the system, has full access.

D. Implementation Users

E. All roles that will be used throughout the implementation