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NEW QUESTION 22
When creating your financial statements, you would like to have a chart, such as a bar graph, included in the report output.
Which two reporting tools allow you to achieve this? (Choose two.)

• A. Smart View
• B. Financial Reporting Studio
• C. Account Inspector
• D. Financial Statement Generator

Answer: A,B

NEW QUESTION 23
During implementation, a consultant accidentally designated the cost center segment as the natural account. Values have already been assigned and journals have been posted.
Select the process that allows you to change the qualifier back to cost center qualifier.

• A. Delete the segment and create a new segment with the correct qualifier.
• B. Delete the chart of accounts and create a new one.
• C. Create a new chart of accounts.
• D. Change and save the segment qualifier.

Answer: B

NEW QUESTION 24
What are the two possible reasons for encumbrance created on the purchase order to go back to the budget or funds availability? (Choose two.)

• A. The purchase order is canceled or finally closed or rejected without performing any receipt or invoice
• B. When the purchase order is set to accrue at receipt and partially received, then canceled or finally closed, encumbrance goes back to the extent of the unreceived amount
• C. When the requisition is set to accrue at period end and partially billed and then canceled or finally closed, encumbrance goes back to the budget to the extent of the unbilled amount
• D. The requisition reserved successfully undergoes amendment and is rejected in the reapproval

Answer: A,B

NEW QUESTION 25
Budgetary control for accounts 5020 and 5021 has a budget of $90,000USD each for the year 2012. The accounts also have balances on obligation of $10,000 USD for each and an expenditure of $20,000 USD for each. A Fund of $50,000 USD is available for account 5010 only. You have run the Encumbrance Year End Carry Forward process for obligation from the last period of the year 2012 to the first period of year 2013. Which statement is true?

• A. If you have included 5020 and 5021 in the encumbrance rule, the budget balances $90,000 USD, obligation $10,000 USD and expenditure $20,000 USD only will be carried forward.
• B. If you have included 5020 and 5021 in the encumbrance rule, then obligation $10,000 USD and expenditure $20,000 USD only will be carried forward.
• C. If you have included 5020 and 5021 in the encumbrance rule, then budget balances $90,000 USD, obligation $10,000 USD, and expenditure $20,000 USD, and the funds available $50,000 USD will be carried forward
• D. If you have included 5020 and 5021 in the encumbrance rule, then only the obligation of $10,000 USD will be carried forward
• E. The Encumbrance Year End Carry Forward process will run for all the accounts to carry forward the general ledger balances

Answer: C

NEW QUESTION 26
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