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NO.1 The Consolidation Workbench enables you to _____, _____, and _____. (Choose three.)
A. access the State Controller
B. create consolidations sets, which launch multiple consolidations in a single step
C. create multilevel hierarchies, which you can view using the graphical Consolidation Hierarchy Viewer
D. change the chart of accounts
Answer: A,B,C

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NO.2 When you enter a journal, the journals in that batch _____.
A. should share the same period
B. should share both the same period and currency
C. should share the same accounting date
D. can have different periods, currencies, and accounting dates
E. should share the same currency
Answer: A

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NO.3 During a period, several preapproved batches of miscellaneous transactions were entered and
released. The project manager informs you that he is unable to view the accounting in the expenditure
inquiry form. Which process was likely omitted?
A. streamline costs
B. distribute costs
C. interface costs
D. tieback costs
Answer: B

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NO.4 ABC.com wants to define a consolidation process for its enterprise.
It has two sets of books: Set of Books A and Set of Books B.
Both sets of books will use Oracle General Ledger.
Set of Books A has three companies with the same calendar and chart of accounts as Set of Books B. Set
of Books A has USD as its currency.
Set of Books B has four companies with the same chart of accounts and calendar as Set of Books
A. Set of Books B has GPD as its currency. Select the consolidation method.
A. Interface Data Transformer
B. Global Intercompany System
C. Oracle Financial Analyzer
D. Financial Statement Generator
Answer: D

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NO.5 What is the effect of summary accounts on the efficiency of the posting process?
A. There is no effect, because summary accounts do not use the posting process to accumulate values.
B. Use of summary accounts decreases the efficiency of the posting process.
C. Use of summary accounts neither increases nor decreases the efficiency of the posting
process.
D. Use of summary accounts increases the efficiency of the posting process.
Answer: B

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NO.6 Exhibit:
You work as a DBA for ABC.com. Please study the exhibit carefully.
GL Consolidation: Preserve Journal Batching is set to Yes.
GL Consolidation: Preserve Journal Effective Date is set to Yes.
What would the result be?
A. 1, 3, 4
B. 2, 3, 4
C. 3, 4, 5
D. 5, 1, 2
E. 5, 3, 2,
Answer: A

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NO.7 After creating a number of Financial Statement Generator reports, ABC.com wants a list of the
definitions for one specific account. Which report should be run to provide that information?
A. FSG: Content Set Detail Listing
B. FSG: Report Detail Listing
C. FSG: Where Used Report
Answer: C

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NO.8 One of your ABC.com co-workers, Tim, is working to define and develop Financial Statement Generator
reports where the budget amounts and actual amounts would display on the report per period. Tim comes
to you and says that he has defined an FSG report according to the client's requirements; the actual
amounts are correctly shown, but the problem is that budget amounts are not showing up on the report.
What is your response?
A. Budget status is Frozen.
B. The budget name needs to be associated with the row set through control values.
C. There is some issue with the assignment of accounts to the budget organization.
D. The first fiscal year of the budget was never opened.
E. The last fiscal year of the budget is Closed.
Answer: B

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