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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Your new accountants have been making mistakes in reconciling accounts assigned to them. Your account balances have either spiked or dropped 30-40% every period due to human error. This causes delays in reconciliation. What feature can you use to be proactively notified of account anomalies in a more timely manner?

• A.Financial Reports with Embedded charts
• B.Smart View
• C.Account Inspector and its charts
• D.Account Monitor

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

• A.CVRs are assigned to the end user role; therefore controlling what account code combination individuals can leverage in the General Ledger and the subledgers
• B.If CVR determines that an invalid combination exists in the CCID table, it will automatically disable that account code combination.
• C.CVRs only test new account combinations being inserted into the table. They ignore any invalid account combinations already existing in the table
• 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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Your customer has enabled budgetary control for purchase orders. They have a purchase order for $1,000 USD which is fully reserved. An invoice for $600 is entered and matched to the purchase order, and the purchase order is closed for further invoicing.
What happens to the remaining $400 USD?

• A.Manual encumbrance journal needs to be entered in General Ledger to release the budget amount of
  $400 USD
• B.Invoice type will have less funds available by $400 USD
• C.$400 USD will be expired and not available for use
• D.Only obligation type will have $400USD funds available
• E.$400 USD will be added back to available funds

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You are creating financial statements and want to have charts, such as a bar graph, automatically inserted to improve the understanding financial results. How would you achieve this?

• A.Use Account Inspector that automatically creates graphs onfinancial balances
• B.When designing your financial statement using Financial Report (FR), embed a chart into your report
• C.When viewing the report, download to Excel and use Excel's Charting features to create your bar graph
• D.Use Smart View, which is an Excel Add-on

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