You already ran Translation, but a last-minute adjusting journal entry in your ledger currency was entered after you consolidated your results. What is Oracle's recommended practice when this occurs?

• A.Rerun Revaluation and then rerun Translation
• B.Rerun Translation and then reconsolidate your results
• C.Translate only the adjusting journal entry
• D.Enter another adjusting journal entry in the target currency to true up the balances

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Which tool can you use to create a Financial Income Statement?.

• A.Account Inspector
• B.Rapid Implementation Enterprise Structures setup
• C.PS/nVision
• D.One View Reporting

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What is most efficient way to add a new year to the accounting calendar?

• A.Import the periods from a spreadsheet
• B.Use the Add Year button
• C.The Application automatically populates the year when you open the first period of a new fiscal year.
• D.Add the periods manually

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Management has added a requirement to segregate the duties of transferring journals to the General Ledger from the posting function. Which two new features allow this segregation? (Choose two.)

• A.Journal entry spreadsheets are not impacted by this new function.
• B.Uncheck the Enable Posting from the Manage Subledger Accounting Options task.
• C.Must have separate user defined roles using the privilege XLA_CREATE_GENERAL_LEDGER_AND_SUBLEDGER _JOURNALS.
• D.For previously scheduled automated processes, it is recommended to cancel and rescheduled the process for the option to be effective.

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What are the Two purposes of a secondary ledger?

• A.it should not be used when trying to meet local accounting requirements.
• B.it is an optional ledger that is linked to a primary ledger for the purpose of tracking alternative accounting.
• C.it should only be used to maintain balances for processing performance.
• D.it can differ from its primary ledger by the accounting method, chart of accounts, accounting calendar, currency and/or journal processing options
• E.it is used to main balances in a different currency only

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