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| Section | Weight | Objectives |
|---|---|---|
| Period Close and Financial Reporting | 15% | - Use Financial Reporting Studio and Smart View - Generate financial statements and reports - Manage accounting periods - Perform revaluation, translation, and consolidation |
| Ledgers and Accounting Setup | 25% | - Configure currencies, calendars, and accounting conventions - Define ledgers and ledger sets - Define data access sets - Set up subledger accounting |
| Budgetary Control and Encumbrance Accounting | 10% | - Monitor budget balances and control - Configure budgetary control - Set up encumbrance accounting |
| Intercompany and Intracompany Balancing | 10% | - Set up intracompany balancing rules - Configure intercompany transactions - Process and reconcile intercompany entries |
| Enterprise and Financial Reporting Structures | 20% | - Configure chart of accounts - Define financial reporting structures - Define enterprise structures - Manage segment value security |
| Journal Processing | 20% | - Perform journal adjustments and reversals - Create and approve journal entries - Import and post journals - Manage allocations and recurring journals |
You entered a cross validation rule to prevent the balance sheet cost center (000) being used with Profit.
and Loss Accounts (4000-2222). ) being
The following combinations exist in the Code Combination table:
01-000-4110-00, 01-000-5299-000, 01-000-5105-000 and 01-000-7640-00
Which two statements are true regarding cross-validation rules?
Correct Answer: A,C 🗳️
Identify three roles that get access to the reports in the Fusion Accounting Hub Reporting Cloud Service (FAHRCS). (Choose three.)
Correct Answer: B,D,E 🗳️
You are setting up Close Monitor, which comprise a ledger set hierarchy definition. Which two components of the enterprise structure should the ledgers in the ledger set share.(Choose Two)
Correct Answer: C,D 🗳️
Your customer is a financial Institution that needs to maintain average daily balances (ADB). Which two statements are true regarding this functionality in Fusion Applications?
Correct Answer: D,E 🗳️
Explanation: Only visible for VerifiedDumps members. You can sign-up / login (it's free).
Your customer wants to enable real-time spending controls for transaction amount but does not need General Ledger journals or balances for purchase orders and requisitions Which implementation option should you suggest?
Correct Answer: A 🗳️
Explanation: Only visible for VerifiedDumps members. You can sign-up / login (it's free).
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