Online Access Free 1z0-333 Practice Test

You want to enter budget data in Fusion General Ledger. Which method is not supported?

• A.Smart View
• B.Application Development Framework Desktop Integration (ADFdi)
• C.File-based Data Import
• D.Entering budget Journals

You need to distribute departmental expense reports to l00 department managers in your organization. The report format is the same, but the department values differ.
What in the most efficient way to achieve this?

• A.When defining the report, make the Department Segment a prompt and when users view the report, they can change the prompt to their department.
• B.Set the Department segment as a User Point of View (POV) and submit a report batch and schedule it: to run for every department. Send the different batch outputs as PDF attachments via email to different users.
• C.Set up Bursting Options for your batch to prepare multiple versions of a report from a single process.
• D.Create a single report for all departments. When department managers log in to Financial Reporting Center, they will only be able to view their department's data based on Segment Value Security Rules.

All of your subsidiaries can share the same ledger with their parent company and all reside on the same application instance. They do perform intercompany accounting.
What does Oracle consider the best practice approach to performing consolidations?

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

You entered a journal and the client is asking for the following information:
The current account balance
What the future account balance will be if the Journal is approved and posted
How will you get this information?

• A.Run a Trial Balance before and after posting.
• B.View the Projected Balance region in the Create Journals page.
• C.Use Oracle Transactional Business Intelligence (OTBI) to query General Ledger balances
• D.Query the account balance online.

Your customer uses Financials Cloud, Projects, Inventory and Procurement.
Which two statements are true regarding intercompany accounting tor these products?

• A.Each product has its own Intercompany Accounting feature that needs to be set up
  separately.
• B.Intercompany Balancing Rules are defined centrally and applied across Financials,
  Portfolio Project
  Management and Supply Chain Management products.
• C.They need to license a separate stand-alone Intercompany product that acts as the
  Intercompany Accounting Hub.
• D.Within Financials Cloud, Intercompany Balancing Rules are used to balance both cross-
  ledger intercompany transactions and single ledger intercompany journals.