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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Processing Intercompany | 15% | - Intercompany transaction processing and reconciliation - Intercompany transaction configuration |
| Topic 2: Configuring Financial Reports | 15% | - Financial report and analysis creation
|
| Topic 3: Performing Period Close | 15% | - Period Close process overview - Period Close configuration |
| Topic 4: Enabling Redwood Capabilities | 2% | - Enable Redwood capabilities and understand configuration impacts |
| Topic 5: Implementing Ledgers | 15% | - Ledger configuration |
| Topic 6: Implementing and Managing Journals | 20% | - Journal configuration - Key features and capabilities of journal processing |
| Topic 7: Implementing Enterprise and Financial Reporting Structures | 15% | - Key features and capabilities of Enterprise and Financial Reporting Structures
|
| Topic 8: Leveraging AI/ML/Mobile and Automation Features | 3% | - Use AI/ML/mobile and automation features for process efficiency |
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NEW QUESTION # 107
You have just been hired to add a new subsidiary to the corporate enterprise structure in the customer's Oracle Fusion Cloud.
The subsidiary will capture transaction information from subledgers in the local currency and under International Financial Reporting standards (IFRS) and local GAAP for corporate reporting requirements, which will report via the use of a secondary ledger.
The secondary ledger is used only at period end; there is no need to have real-time transaction or Journal details. It is noted that most of the accounting between IFRS and Corporate GAAP is similar.
Which conversion level would you recommend to keep a thin secondary ledger?
Answer: D
Explanation:
To keep a thin secondary ledger, you should select the balance level as the data conversion level. This means that only the ending balances of the primary ledger are copied to the secondary ledger at the end of each period. This reduces the data volume and storage requirements of the secondary ledger, as well as the processing time and resources needed to copy the data. The balance level conversion is suitable for scenarios where the accounting methods or charts of accounts are similar between the primary and secondary ledgers, and there is no need to maintain detailed journals or subledger transactions in the secondary ledger.Primary Ledgers, Secondary Ledgers, and Reporting Currencies,How Journals Are Copied from Primary to Secondary Ledgers When ...,GL Secondary Ledger Conversion Level Change
NEW QUESTION # 108
Which three are considered legal jurisdictions?
Answer: C,D,E
NEW QUESTION # 109
You are implementing amultipillarimplementation of bothHCM CloudandERP Cloud. You are implementingERP first, followed byHCM Cloud. You want to ensure yourledgers and chart of accountsare correctly defined.
What should you do? (Choose three.)
Answer: B,C,E
NEW QUESTION # 110
You are setting up Close Monitor for your organization. What is the key consideration when selecting the ledgers or ledger sets that form part of the Close Monitor hierarchy?
Answer: B
NEW QUESTION # 111
You entered users who are bothemployees and contingent workers. You want an automated way toassign, reassign, and remove rolesfrom users. What feature do you use?
Answer: A
NEW QUESTION # 112
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