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| Section | Weight | Objectives |
|---|---|---|
| Implementing Enterprise and Financial Reporting Structures | 15% | - Configuration of Financial Reporting Structures - Key features and capabilities of Enterprise and Financial Reporting Structures
|
| Implementing and Managing Journals | 20% | - Key features and capabilities of journal processing - Journal configuration |
| Performing Period Close | 15% | - Period Close configuration - Period Close process overview |
| Leveraging AI/ML/Mobile and Automation Features | 3% | - Use AI/ML/mobile and automation features for process efficiency |
| Implementing Ledgers | 15% | - Ledger configuration |
| Configuring Financial Reports | 15% | - Financial reporting options - Financial report and analysis creation
|
| Enabling Redwood Capabilities | 2% | - Enable Redwood capabilities and understand configuration impacts |
| Processing Intercompany | 15% | - Intercompany transaction configuration - Intercompany transaction processing and reconciliation |
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NEW QUESTION # 62
You need to add new transactional attributes to the journal approval notification in an implementation project.
Which two Business Intelligence catalog objects should you copy (or customize) and edit?
Answer: C,D
Explanation:
To modify the journal approval notification, you need to copy (or customize) and edit the layout template and the data model of the Analytics Publisher report. The layout template defines the appearance and content of the notification, such as the text, fields, tables, and images. The data model defines the data sources and queries that provide the data for the notification, such as the journal attributes, amounts, and statuses. You can use Template Builder for Word to edit the layout template and Analytics Publisher to edit the data model. You also need to download the Workflow Notification Subtemplate, which is a common subtemplate that contains the header and footer of the notification. You can preview the modified notification using the subtemplate and the data model. References:
Modify Journal Approval Notifications with Analytics Publisher
[Creating Analytics and Reports for Financials Cloud]
NEW QUESTION # 63
Challenge 2
Manage Shorthand Aliases
Scenario
Your client intends to utilize the Shorthand Alias feature and would like to see how the aliases will appear when entering transactions.
Task 2
Create a shorthand alias for the US Chart of Accounts to record Revenue Domestic for Supremo Fitness, Line of Business 2, and US Operations Cost Center.
Note:
. Prefix your alias name with 07, where 07 is
your exam ID.
. There is no Product or Intercompany
impact.
Answer:
Explanation:
See the Explanation for the complete Solution.
Explanation:
Here are the steps you need to follow:
In the Setup and Maintenance work area, go to the following:
Offering: Financials
Functional Area: Financial Reporting Structures
Task: Manage Shorthand Aliases
Select the chart of accounts that you want to create the alias for. In this case, it is the Corporate chart of accounts.
Click on the Add Row icon to create a new alias. Enter the following information:
Alias Name: RevDom
Account Template: 101-2000-400000-000-000-000
Description: Revenue Domestic for Supremo Fitness, Line of Business 2, and US Operations Cost Center Enabled: Yes Start Date: Today's date End Date: Blank Click on the Save and Close button to save the alias.
You have successfully created a shorthand alias for the US Chart of Accounts. For more information, you can refer to the following resources:
Account Aliases
Enter a GL Account Alias
Short Hand Alias in Fusion Financials Key Flexfield
How to Enable Account Shorthand Aliases
NEW QUESTION # 64
You already ran Translation, but a last-minute adjusting journal entry in your ledger currency was entered and posted after you consolidated your results.
What is Oracle ' s recommended practice when this occurs?
Answer: C
Explanation:
According to Oracle's documentation, if you enter and post additional journal entries in your ledger currency after you run translation, you should rerun translation for the entire ledger or ledger set to ensure that all balances are translated using the same exchange rates. Then, you should reconsolidate your results to reflect the updated translated balances. References:
Using General Ledger, page 9-7: "If you enter and post additional journal entries in your ledger currency after you run translation, you should rerun translation for the entire ledger or ledger set." Using General Ledger, page 9-8: "After you run translation, you can consolidate your results to create a consolidated balance sheet and income statement." Implement General Ledger, page 2-10: "You can translate and consolidate balances as part of the period close process."
NEW QUESTION # 65
In the implementation project, there is a requirement to add new transactional attributes to the journal approval notification.
Which two Business Intelligence catalog objects should you copy (or customize) and edit? (Choose two.)
Answer: D,E
Explanation:
To add a global branding logo and more predefined transactional attributes to the journal approval email notification, you should copy (or customize) and edit the layout template and the data model. The layout template is a file that defines the appearance and content of the notification, such as text, images, tables, or charts. The data model is a file that defines the data sources and queries that provide data for the notification, such as predefined transactional attributes. You can copy (or customize) and edit the layout template and the data model using Oracle Analytics Publisher reports. You do not need to copy (or customize) and edit the output type, as this is a setting that determines the format of the notification output, such as HTML or PDF.
You do not need to copy (or customize) and edit the style template, as this is a file that defines the styles and formatting of the notification elements, such as fonts, colors, or margins. You do not need to copy (or customize) and edit the sub template, as this is a file that contains reusable content or logic that can be referenced by multiple layout templates. Reference: Oracle Financials Cloud: General Ledger 2022 Implementation Professional Objectives - Configure Workflow Approvals and Notifications 12
NEW QUESTION # 66
You are using account hierarchies for reporting and allocations.
Which two statements are true about these types of hierarchies? (Choose two.)
Answer: A,C
Explanation:
According to the Oracle documentation34, account hierarchies are defined in Oracle Fusion applications using tree functionality. Each account hierarchy is defined as a tree with one or more versions. You can have only one version of a hierarchy published to the Essbase cube at any time (option A). Child values in these hierarchies can belong to only one parent (option D).Option B is incorrect becausehierarchies for reporting and allocations must be published to Essbase cubes5. Option C is incorrect because it contradicts option B.
NEW QUESTION # 67
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