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Which is an alternate way to implement a mapping set rule?

A.

Define a chart of account rule with conditions

B.

Define a flexfield rule with conditions

C.

Define a lookup type rule with conditions

D.

Define an account rule with conditions

While creating an accounting method, you are unable to select a journal entry rule set for a combination of event class and event type.

What could be the reason for this issue?

A.

The accounting method is either not attached to any chart of accounts or is attached to another chart of accounts than the journal entry rule set

B.

Journal line rules assigned to the journal entry rule set are not attached to the same chart of accounts to which the accounting method is attached

C.

Description rules assigned to the journal entry rule set are not attached to the same chart of accounts to which the accounting method is attached

D.

Supporting references assigned to the journal entry rule set are not attached to the same chart of accounts to which the accounting method is attached

You are assigned to troubleshoot a Create Accounting error.

Which is the first step that you need to perform to use the Diagnostics Framework feature?

A.

Set the 'SLA: Enable Diagnostic' profile option.

B.

Run the Accounting Event Diagnostic report.

C.

Run Create Accounting again to generate journal entries for the events that ended in error.

D.

Submit the Accounting Event Diagnostic process.

Your customer has four external systems to manage their home loan, auto loan, consumer loan, and personal loan businesses. They have decided to implement Accounting Hub to import the transactional data for generating journal entries from these source systems. While evaluating different possibilities, they ask you to provide your suggestion on sharing accounting rules for these external systems.

Which implementation setup allows the sharing of accounting rules for all four external systems?

A.

One subledger for all four source systems

B.

Four subledgers, one for each source system

C.

Two subledgers, one for home loan and auto loan and another for consumer loan and personal loan

D.

Three subledgers, one for home loan and auto loan, the second for consumer loan, and the third for personal loan

Your client, a banking organization, is currently using different transaction systems for different types of loans including vehicle loans, personal loans, education loans, and housing loans. You recently uploaded the source system data that includes Loan Origination, Loan Interest Accrual, Loan Scheduled Payment, Loan Interest Adjusted, Loan Late Payment, and Loan Charge off as event types.

The customer now asks you to add another transaction type called Loan Interest Accrual Reversal.

What should be your response to the customer?

A.

Loan Interest Accrual Reversal can be added as a new event type by using the update spreadsheet template

B.

The source system should be registered again by including the Loan Interest Accrual Reversal event type

C.

A new transaction type cannot be added after the source system is registered

D.

Loan Interest Accrual Reversal can be added as a new event type from the user interface

Which two conditions must be met for automatic data provisioning to work?

A.

At least one of the user’s assignments matches all data-mapping conditions in a data provisioning rule.

B.

At least one role is automatically provisioned to the user using role provisioning rules.

C.

The data provisioning rule has at least one job, one position, and one inventory organization assigned to it.

Your client decides to implement Accounting Hub along with other Oracle-owned subledgers. They want to know about the predefined accounting methods that Oracle provides.

Which of the following THREE are predefined accounting methods?

A.

Standard Accrual for USA

B.

Standard Accrual for Japan

C.

Standard Accrual with Encumbrances

D.

Standard Accrual

E.

Standard Accrual for China

You are designing an income statement report with the help of Financial Reporting Studio. You add row numbers 3, 4, and 5 to reflect the balances for three different expense accounts and row number 6 to reflect the sum of row numbers 3, 4, and 5.

Which formula should be used on row number 6 to calculate the sum?

A.

[3;5][3;5][3;5]

B.

[3,5][3,5][3,5]

C.

3:5{3:5}3:5

D.

[3:5][3:5][3:5]

Your client has a requirement to report directly from the transactional tables and return the results in real-time, in turn eliminating the need for a data warehouse.

Which tool would you suggest to your client for this purpose?

A.

Financial Reporting Studio

B.

Smart View

C.

Oracle Transactional Business Intelligence

D.

Account Group

Which two actions can you accomplish for a registered source system?

A.

Modify the subledger application name as long as there are no pending accounting entries

B.

Import the source system registration spreadsheet template multiple times as long as there are no accounting rules created yet

C.

Revise source Information through the user interface and add more sources

D.

Add new event classes through the user interface