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NEW QUESTION 53
You entered the following information in the Companies and Legal Entities tab of the Rapid Implementation Spreadsheet:

Assuming currency is left blank in the Ledger worksheet, how many Ledgers will the process create?

  • A. 0
  • B. 1
  • C. 2
  • D. 3

Answer: A

 

NEW QUESTION 54
Which two statements are TRUE regarding the Balances Cubes in General Ledger? (Choose two.)

  • A. They are updated automatically when the Revaluation process is run
  • B. They are updated automatically when the General Ledger period is opened
  • C. They are updated automatically when the Translation process is run
  • D. New dimensions can be added to a General Ledger Balances Cube
  • E. A new Balances Cube is created for a unique combination of Ledger and Currency

Answer: A,D

 

NEW QUESTION 55
You need to set up a calendar for fiscal year Apr-XX to March-YY where YY is the following year, and you would like the periods to be named according to the year they fall in.
What Calendar format should you choose?

  • A. Period
  • B. Calendar
  • C. Year
  • D. Fiscal

Answer: A

 

NEW QUESTION 56
Your company has complex consolidation requirements with multiple general ledger instances. You are using Oracle Hyperion Financial Management to consolidate the disparate General Ledgers. You can typically map segments between your general ledger segment to a Hyperion Financial Management segment, such as Company to Entity, Department to Department, and Account to Account. What happens to segments in your source general ledger, such as Program, that cannot be mapped to Hyperion Financial Management?

  • A. Errors occur for unmapped segments. You must map multiple segments from source general ledgers to the target segment in Hyperion Financial Management
  • B. No data is transferred
  • C. Data is summarized across segments that are not mapped to Hyperion Financial Management
  • D. The unmapped segments default to future use segments in Hyperion Financial Management

Answer: A

 

NEW QUESTION 57
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