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| Section | Weight | Objectives |
|---|---|---|
| Leveraging AI/ML/Mobile and Automation Features | 3% | - Use AI/ML/mobile and automation features for process efficiency |
| Implementing Enterprise and Financial Reporting Structures | 15% | - Configuration of Financial Reporting Structures - Key features and capabilities of Enterprise and Financial Reporting Structures
|
| Configuring Financial Reports | 15% | - Financial reporting options - Financial report and analysis creation
|
| Implementing and Managing Journals | 20% | - Key features and capabilities of journal processing - Journal configuration |
| Processing Intercompany | 15% | - Intercompany transaction configuration - Intercompany transaction processing and reconciliation |
| Enabling Redwood Capabilities | 2% | - Enable Redwood capabilities and understand configuration impacts |
| Implementing Ledgers | 15% | - Ledger configuration |
| Performing Period Close | 15% | - Period Close configuration - Period Close process overview |
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NEW QUESTION # 45
A new Oracle Fusion Cloud client needs to produce an income statement on a regular basis using Smart View.
Which Smart View tool would be best for this?
Answer: D
Explanation:
Query Designer is a Smart View tool that enables you to create and modify ad hoc queries on General Ledger balances cubes. You can use Query Designer to select the dimensions, members, and filters that you want to include in your query, and then retrieve the data in a grid format in Excel. You can also save, open, and refresh your queries as needed. Query Designer is the best tool for producing an income statement on a regular basis using Smart View, because it allows you to easily access and analyze the income and expense accounts, as well as the ledger, period, currency, and other dimensions that are relevant for your report. You can also customize the layout and format of your grid, and use Excel functions and features to enhance your report. References:
Overview of Smart View
Creating an Ad Hoc Analysis in Smart View
NEW QUESTION # 46
A new Oracle Fusion Cloud client needs to produce an income statement on a regular basis using Smart View. Which Smart View tool would be best for this?
Answer: D
Explanation:
Query Designer is a Smart View tool that enables you to create and modify ad hoc queries on General Ledger balances cubes. You can use Query Designer to select the dimensions, members, and filters that you want to include in your query, and then retrieve the data in a grid format in Excel. You can also save, open, and refresh your queries as needed. Query Designer is the best tool for producing an income statement on a regular basis using Smart View, because it allows you to easily access and analyze the income and expense accounts, as well as the ledger, period, currency, and other dimensions that are relevant for your report. You can also customize the layout and format of your grid, and use Excel functions and features to enhance your report.Reference:
Overview of Smart View
Creating an Ad Hoc Analysis in Smart View
NEW QUESTION # 47
You want toprevent intercompany transactionsfrom being entered during thelast day of the close. What should you do?
Answer: A
NEW QUESTION # 48
You have set up Close Monitor for your organization, but when you navigate to the Profit and Loss tab, you see no results for the summarized income statement.
What could be the reason?
Answer: A
Explanation:
The Profit and Loss tab in Close Monitor depends on account group setup. Oracle General Ledger uses account groups to summarize and display financial data for close monitoring, especially income statement balances. If no account group is associated with the ledger set, the Close Monitor cannot derive the summarized profit and loss information required for the tab. This is not primarily an OTBI, trial balance, or Financial Reporting Web Studio configuration issue. Those tools support reporting and analysis, but Close Monitor's summarized income statement view relies on the ledger set being linked to the appropriate account group. Oracle documentation states that financial data displayed in Close Monitor is derived from the account group assigned to the ledger set.
NEW QUESTION # 49
Users with the General Accountant job role have reported that they are unable to access the UK Ledger. They require read/write access to the full ledger. The accounting configuration completed successfully.
What should you do to allow access to the ledger?
Answer: B
Explanation:
Data access sets are collections of ledgers that define the data security for users who access General Ledger. Users can only access the ledgers that are assigned to them through data access sets. To allow users with the General Accountant job role to access the UK Ledger, you need to create a data access set that includes the UK Ledger and assign it to the user/role combination. You also need to specify the access privilege for the data access set, which can be Full Ledger, Both Read and Write, or Read Only. In this case, you need to select Both Read and Write to allow read/write access to the full ledger.Reference:
Implement General Ledger
GL_ACCESS_SET_LEDGERS
The Default Data Access Set
Overview of General Ledger Security
NEW QUESTION # 50
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