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| Section | Objectives |
|---|---|
| Topic 1: Financial Reporting | - Account Groups and Reports - Financial Statement Generation - Financial Reporting Studio - Smart View Reporting |
| Topic 2: Period Close | - Perform Period Close Activities - Manage Accounting Periods - Close Monitoring and Reporting |
| Topic 3: Configuring Enterprise and Financial Reporting Structures | - Manage Chart of Accounts - Manage Legal Jurisdictions - Manage Accounting Calendars - Manage Geographies - Manage Account Hierarchies - Manage Legal Authorities and Legal Entities - Manage Ledgers |
| Topic 4: Journal Processing | - Allocation Rules - Recurring Journals - Journal Import and Posting - Create and Manage Journals - Configure Journal Approval |
| Topic 5: Budgetary Control and Encumbrance Accounting | - Control Budgets - Configure Budgetary Control - Funds Check Processing - Encumbrance Accounting |
| Topic 6: Configuring Ledgers | - Manage Ledger Sets - Configure Reporting Currencies - Define Ledger Options - Configure Secondary Ledgers |
| Topic 7: Intercompany Processing | - Configure Intercompany Balancing Rules - Intercompany Reconciliation - Process Intercompany Transactions |
You just submitted the Accounting Configuration. What two things must happen before you can enter journals? (Choose two.)
Correct Answer: B,C 🗳️
You defined a tree or hierarchy, but you are unable to set its status to Active. What is the reason
Correct Answer: B 🗳️
Your Company has complex consolidation requirements with multiple general ledger instances. You are using Oracle Hyperion Financial Management to consolidate the disparate General Ledgers, You can typically map segments between your general Ledger segment to a Hyperion Financial Management segment, such as Company to Entity, Department to Department and Account to Account. What happens to segments in your source general ledger, such as Program, that cannot be mapped Hyperion Financial Management?
Correct Answer: A 🗳️
Your customer wants to use a clearing company to automatically balance intercompany entries. Which three statements are true regarding the use of a clearing company value? (Choose three.)
Correct Answer: C,D,E 🗳️
Which two types of journals can be automatically routed through the journal approval process
Correct Answer: B,C 🗳️
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