You want to automatically port journal batches imported form subledger sources to prevent accidental edits or deletions of the subledger sources journals, which could cause an out-of-balance situation between your subledgers and general ledger. Which two aspects should you consider when defining your AutoPost Criteria? (Choose two.)

• A.Include all of your subledger sources in the AutoPost Criteria. Divide up criteria sets by subledger source only if you need to schedule different posting times
• B.Schedule your AutoPost Criteria set to run during off-peak hours only
• C.Create your AutoPost criteria using minimal sources and categories
• D.Use the All option for category and accounting period to reduce maintenance and ensure that all imported journals are included in the posting process

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What are the two benefits of having the Essbase cube embedded in General Ledger Cloud? (Choose two.)

• A.You can access real-time results for reporting and analysis because every time a transaction is posted in General Ledger, multidimensionalbalances are also updated simultaneously
• B.Integrating with third-party systems is easier because the Essbase cube provides chart of accounts mapping rules
• C.You no longer need to create and maintain hierarchies because the Essbase cubes are created when you create your chart of accounts
• D.General ledger balances are multidimensional, allowing you to perform robust reporting and analysis
• E.Posting performance is much faster

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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, create a chart of accounts mapping to the corporate chart of accounts, then transfer balances tothe corporate consolidation ledger using the balance transfer program
• B.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.
• 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.Use Oracle Hyperion Financial Management for this type of complex consolidation.

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Your are setting up Close Monitor, which comprises a ledger set hierarchy definition. Which two components of the enterprise structure should the ledgers in the ledger set share? (Choose Two)

• A.Chart of Accounts and Business Units
• B.Accounting Calendar
• C.Chart of Accounts
• D.Legal Entities, Business Units, and Chart of Accounts,
• E.Chart of Account, Currency, Accounting Calendar, and Sub ledger Accounting Method

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You have a requirement to have invoices generated for certain Intercompany transaction Where do you enable Invoicing?

• A.the transaction category
• B.the transaction batch
• C.the transaction type
• D.the transaction source

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