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Oracle Financials Cloud: General Ledger 2024 Implementation Professional Sample Questions (Q46-Q51):

NEW QUESTION # 46
When working with Essbase, versions of the tree hierarchy as defined in the Fusion are not available in the Essbase balances cube. What should you do to correct this situation?

A. Redeploy the chart of accounts.
B. Make sure to flatten the rows of the tree version.
C. Make sure the tree is active.
D. Make sure the tree version was published successfully.

Answer: D

NEW QUESTION # 47
You need to add new transactional attributes to the journal approval notification in an implementation project.
Which two Business Intelligence catalog objects should you copy (or customize) and edit?

A. Output type
B. Layout template
C. Style template
D. Data model
E. Sub template

Answer: B,D

Explanation:
To modify the journal approval notification, you need to copy (or customize) and edit the layout template and the data model of the Analytics Publisher report. The layout template defines the appearance and content of the notification, such as the text, fields, tables, and images. The data model defines the data sources and queries that provide the data for the notification, such as the journal attributes, amounts, and statuses. You can use Template Builder for Word to edit the layout template and Analytics Publisher to edit the data model. You also need to download the Workflow Notification Subtemplate, which is a common subtemplate that contains the header and footer of the notification. You can preview the modified notification using the subtemplate and the data model. References:
* Modify Journal Approval Notifications with Analytics Publisher
* [Creating Analytics and Reports for Financials Cloud]

NEW QUESTION # 48
You are using account hierarchies for reporting and allocations.
Which two statements are true about these types of hierarchies? (Choose two.)

A. Hierarchies for reporting and allocations do not have to be published to Essbase cubes.
B. Child values in these hierarchies can belong to only one parent.
C. You can have only one version of a hierarchy published to the Essbase cube at any time.
D. Hierarchies for reporting and allocations have to be published to Essbase cubes.

Answer: B,C

Explanation:
According to the Oracle documentation34, account hierarchies are defined in Oracle Fusion applications using tree functionality. Each account hierarchy is defined as a tree with one or more versions. You can have only one version of a hierarchy published to the Essbase cube at any time (option A). Child values in these hierarchies can belong to only one parent (option D). Option B is incorrect becausehierarchies for reporting and allocations must be published to Essbase cubes5. Option C is incorrect because it contradicts option B.

NEW QUESTION # 49
Which two statements are true if a journal description rule is defined with sources?

A. The description rule can only be assigned to the header or line level.
B. The sources must also be assigned to the accounting event class that is assigned to the journal entry rule set.
C. The description rule may be assigned to either the header or line level, or to both.
D. You cannot assign journal description rules to sources.
E. The description rule can only be assigned to the journal line level.

Answer: B,C

NEW QUESTION # 50
You have enabled budgetary control and have a control budget set toAdvisorycontrol level. For September
2016, your budget for a given account combination is$5,000 USD.
In the same month, there is anapproved requisitionfor that account of$900and anapproved purchase order for that account of$2,500 USD. There is also aGeneral Ledger adjustment journal entryfor that account of
$1,600 USD. Anapproved purchase order line of $400 USDis thencanceled.
Aninvoice is matchedto the purchase order for$2,100 USD.
Which two statements are true? (Choose two.)

A. Purchase order encumbrance will be released for $2,100 USD.
B. As there are cancellations for $400 USD, the system will partially reserve the funds in September 2016 and fully reserve it in October 2016.
C. Funds reservation only happens for non-matched invoices, so the system will not reserve funds.
D. The system always consumes the budget of future periods if the limit for the current period is expired, so October 2016 budget will be considered for reservation.

Answer: A,B

NEW QUESTION # 51
......

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