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Download Oracle Financials Cloud: General Ledger 2022 Implementation Professional Exam Dumps

NEW QUESTION 39
You need to define a chart of accounts that includes an intercompany segment. Your customer plans to use segment value security rules for the Company segment.
What is Oracle's recommended method to define this chart of accounts?

• A. Use two different value sets for the company and intercompany segment because segment value security rules are at the value set level
• B. Define the company segment only and qualify it as both the primary balancing segment and intercompany segment
• C. Define two different charts of accounts
• D. Share the same value set for the company and intercompany segments to reduce chart of accounts maintenance

Answer: A

NEW QUESTION 40
You want to prevent intercompany transactions from being entered during the last day of the close. What should you do?

• A. Close all subledger periods
• B. Close the General Ledger period in the Manager Accounting Periods page
• C. Freeze the Intercompany journal source in General Ledger
• D. Close Intercompany periods in Fusion Intercompany

Answer: D

NEW QUESTION 41
You are creating values for the chart of account value set that you are planning to use for the account segment within your Chart of Accounts.
You are not able to assign an Account Type. What is the reason for this?

• A. You have not set the Allow Budgeting attribute for the value set
• B. You have not set the Allow Posting attribute for the value set
• C. You are creating values before assigning the value set to the structure
• D. The Account Type qualifier has not been enabled when defining the value set

Answer: B

NEW QUESTION 42
You want to monitor the close process of all financial subledgers and ledgers.
How can you quickly obtain this information?

• A. Access each subledgers' calendar and General Ledger's Manage Accounting Periods page to view the status of each period
• B. Use the Manage Accounting Periods page to view the status of all subledgers and ledgers
• C. Use Close Monitor in General Accounting Dashboard
• D. Run Closing Status reports

Answer: A

NEW QUESTION 43
......

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