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Download Oracle Financials Cloud: General Ledger 2022 Implementation Professional Exam Dumps
NEW QUESTION 47
The general accountant is trying to update the cost center for the Default Suspense Account in the Ledger Options to match the cost center for the Rounding Account.
The rounding account is showing as 01-110-7699-00; however, 110 is not appearing in the List of Values for the accountant to select in the Suspense Account.
What is the reason for this?
- A. A cross validation rule is in place to prevent the resulting combination from being created
- B. The general accountant does not have the Financials Application administrator role assigned and, therefore, has view-only privileges on this page
- C. There is a primary balancing segment attached to the legal entity of the primary ledger
- D. The general accountant has a segment value security rule assigned which restricts access to that cost center
Answer: A
NEW QUESTION 48
The Delete Translated Balances process provides the ability to completely reset translations in the event that significant changes are made to the accounting configuration.
Once the deletion process completes, what additional process must you run?
- A. Submit the Create Currency Dimension Members process to ensure that the balances cube maintains translated balances that are consistent with future translations.
- B. Submit the Update General Ledger Balances Cube process to ensure that the balances cube maintains translated balances that are consistent with future translations.
- C. Submit the Create General Ledger Balances Cube process to ensure that the balances cube maintains translated balances that are consistent with future translations.
- D. Submit the Create Scenario Dimension Members process to ensure that the balances cube maintains translated balances that are consistent with future translations.
Answer: C
NEW QUESTION 49
Which three objectives must be considered when designing the chart of accounts? (Choose three.)
- A. Limit the number of segments to those you need today to reduce data entry
- B. Anticipate growth and maintenance needs as organizational changes occur
- C. Effectively manage an organization's financial business
- D. Consider implementing a single, global chart of accounts
- E. Try to use all 30 segments and 25 characters per segment because you cannot change it later
Answer: B,C,D
NEW QUESTION 50
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