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NEW QUESTION 32
Your company has two legal entities in the US (Balancing Segment Values [BSV] 101 and 102), one legal entity in France (BSV 401), and one legal entity in the UK (BSV 402).
Both US legal entities share the same ledger, whereas the UK and France have their own ledgers.
Assuming intercompany transactions are not being entered, what is the minimal action you can take and still configure the ledgers correctly?

  • A. You should assign a balancing segment value to identify each legal entity in each ledger.
  • B. You should assign a balancing segment value to identify each legal entity in the US ledger.
  • C. You should assign the balancing segment value to the ledger in the US and assign a balancing segment value to identify each legal entity in the UK and France ledgers.
  • D. You should assign a balancing segment value to identify each legal entity in the US Ledger and assign the balancing segment values to the ledger in the UK and France.

Answer: C

 

NEW QUESTION 33
In Financial Cloud, which three reporting tools can be used to access General Ledger balances? (Choose three.)

  • A. Financial Reporting Studio
  • B. Oracle Transactions Business Intelligence
  • C. Smart View
  • D. Oracle Enterprise Repository
  • E. Application Composer

Answer: A,B,C

 

NEW QUESTION 34
Which feature outside of reporting and analysis leverages the Essbase cube?

  • A. period closing and opening of ledgers to keep General Ledger Cloud and the Essbase cubes in sync
  • B. calculation manager to perform allocations based on multidimensional balances and budgets
  • C. journal entries and journal approval to create journals that update balances to the cube directly
  • D. revaluations and translation to revalue and translate currencies stored in the Essbase cube

Answer: D

 

NEW QUESTION 35
……

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