Your customer wants to create fully balanced balance sheets for the Company, Line of Business, and Product segments for both financial and management reporting.
What is Oracle's recommended method for doingthis?

• A.Use account hierarchies to create different hierarchies for different purposes and use those hierarchies for reporting
• B.Create three segments for the Company, Line of Business, and Product segments and qualify them as primary balancing segment, second, and third balancing segments, respectively
• C.Create a segment that acts as the primary balancing segment and create values that represent a concatenation of all three business dimensions
• D.Create two segments where the first segment represents the concatenation of Company and Line of Business, and then enable secondary tracking for the Product segment

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How do Cross Validation Rules(CVRs) handle existing violations in the Code Combinations Identification (CCID) table?

• A.CVRs only test new account combinations being inserted into the table. They ignore any invalid account combinations already existing in the table
• B.If CVR determines that an invalid combination exists in the CCID table, it will automatically disable that account code combination.
• C.CVRs are assigned to the end user role; therefore controlling what account code combination individuals can leverage in the General Ledger and the subledgers
• D.Nothing has changed. If you have an invalid account combination existing in the table, you must deactivate it to prevent further usage

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All of your subsidiaries reside on the same application instance, but some of them require a different chart of accounts and/or accounting calendar and currency. There is nominority interest or partial ownerships. What is Oracle's recommended approach to performing consolidations?

• A.Translate balances to the corporate currency for ledgers not in the corporate currency, use General Ledger's Financial Reporting functionality to produce consolidated reports by balancing segment where each report represents a different subsidiary.
• B.Use Oracle Hyperion Financial Management for this type of complex consolidation.
• C.Create separate ledgers for each subsidiary that shares the same chart of accounts, calendar, currency, and accounting method. Create a separate elimination ledger to enter intercompany eliminations. Then creates a ledger set across all ledgers and report on the ledger set.
• D.Translate balances to the corporate currency, create a chart of accounts mapping to the corporate chart of accounts, then transfer balances tothe corporate consolidation ledger using the balance transfer program

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Which two statements are true regarding the Intercompany Reconciliation Report? (Choose two.)

• A.This report displays the intercompany receivables and intercompany payables balances in summary for a period.
• B.You can only drilldown to the general ledger journal and then from there to the subledger journal entry.
• C.This report displays onlythe reconciled transactions. You need to further process automatic reconciliation to reconcile the unreconciled transactions.
• D.This report can be run using an additional currency and conversion rate that converts all amounts into a common currency for comparison.
• E.This report includes Ledger balancing lines generated when the primary balancing segment value (BSV) is in balance, but eitherthe second or third BSVs are not.

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In which two ways can your users customize the Springboards and Work Areas to suit their individual working styles? (Choose two.)

• A.They can format each table by hiding and showing columns, moving columns, and resizing columns
• B.Users have very little control their Springboards and Work Areas; they can only resize columns
• C.They can use Personalization to move and remove regions from those pages
• D.They can have the System Administration customize pages for them using Page Composer

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