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NEW QUESTION 35
You entered a journal and the client is asking for the following information:
The current account balance
What the future account balance will be if the journal is approved and posted How will you get this information?

  • A. Use Oracle Transactional Business Intelligence (OTBI) to query General Ledger balances
  • B. Run a Trial Balance before and after posting
  • C. View the Projected Balances region in the Create Journals page
  • D. Query the account balance online

Answer: C

 

NEW QUESTION 36
Your customer is implementing budgetary control with encumbrance accounting. Your customer has businesses in Australia, New Zealand, and Singapore with a ledger in each country with a Corporate chart of account instance that has four segments. Which three statements are true regarding the creation of a control budget? (Choose three.)

  • A. A control budget is associated to a ledger and creates three control budgets for Australia, New Zealand, and Singapore
  • B. A control budget can be associated with a different calendar than accounting calendar
  • C. Control budgets are always absolute to generate encumbrance accounting
  • D. The control budget structure has all the chart of account segments as budget segments
  • E. A control budget can allow override rules only if the control level is absolute

Answer: B,C,E

 

NEW QUESTION 37
On which three occasions are Essbase balances updated? (Choose three.)

  • A. at report run-time
  • B. every time journals are posted to the general ledger
  • C. every time you open a new period
  • D. every time the tree version is published
  • E. every time you run the batch program called "Update Essbase Balances"

Answer: A,B,D

 

NEW QUESTION 38
After loading your budget data into General Ledger Cloud, you can view budget balances using these features. Which feature does not belong on the list?

  • A. Application Development Framework Desktop Integration Budget Balances Report
  • B. Account Monitor
  • C. Account Inspector
  • D. Smart View

Answer: A

 

NEW QUESTION 39
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