Before implementing Financials Cloud, your customerused to manually reconcile their intercompany payables and receivables accounts. What is a more automated approach to do this?

• A.Use Oracle Hyperion Close Manager to automatically reconcile intercompany account balances
• B.In Financials Cloud, you must manually reconcile your intercompany account balances
• C.Run the BI Publisher reports called Intercompany Transaction Summary and Account Details to automatically reconcile intercompany balances
• D.Run the Intercompany Reconciliation report, which shows pairs of intercompany receivables and payables accounts that are out of balance
• E.Create a query using Oracle Transactional Business Intelligence (OTBI) that will match the intercompany payables and receivables balances

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All of your subsidiaries can share the same ledger with their parent company and all reside onthe same application instance.
They do perform intercompany accounting. What is Oracle's recommended approach to performing consolidations?

• A.Define multiple ledgers for consolidation and report on ledger set
• B.Use General Ledger's Balance Transferprograms to transfer subsidiary ledger balances to the parent ledger, and then enter eliminating entries as a separate balancing segment in the parent ledger.
• C.Use General Ledger's Financial Reporting functionality to produce consolidated reports by balancing segment where each report represents a different subsidiary. Any eliminating entries can be entered in yet another separate balancing segment
• D.Use Oracle Hyperion Financial Management for this type of complex consolidation

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You want to specify Intercompany System Options. Which three factors should you consider? (Choose three.)

• A.the approvers who will approve intercompany transactions
• B.whether to allow receivers to reject intercompany transactions
• C.automatic or manual batch numbering and the maximum transaction amount
• D.whether to enforce an enterprise-widecurrency or allow intercompany transactions in local currencies
• E.automatic or manual batch numbering and the minimum transaction amount

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Management wants to use the budget transfer function available on the Review Budgetary Control Balances page. Which privilege is required to performthe budget transfer?

• A.Budget Loading (XCC_BUDGET_LOADING_DUTY_PRIV)
• B.Import Budget Amounts from Spreadsheet
  (XCC_IMPORT_BUDGET_FROM_SPREADSHEETS_PRIV)
• C.Manage Control Budgets (XCC_MANAGE_CONTROL_BUDGETS_PRIV)
• D.Import Budget Amounts (XCC_IMPORT_BUDGET_PRIV)

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You are using Oracle General Ledger (GL), Oracle Payables and Oracle Receivables and would like to prevent the closure of the GL period if the corresponding subledger period is not closed.
How will you achieve this?

• A.Opt in to the PreventPeriod Close option for the offering
• B.Set the relevant option on the Specify Ledger Options page
• C.Nothing, this option is enabled automatically
• D.Set the ORA_GL_INCLD_STRICT_PRD_CLOSE profile option to yes

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