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NEW QUESTION 49
Which two statements areTRUEregarding the Balances Cubes in General Ledger? (Choose two.)

A. They are updated automatically when the General Ledger period is opened
B. They are updated automatically when the Translation process is run
C. A new Balances Cube is created for a unique combination of Ledger and Currency
D. New dimensions can be added to a General Ledger Balances Cube
E. They are updated automatically when the Revaluationprocess is run

Answer: D,E

NEW QUESTION 50
On which three occasions are Essbase balances updated? (Choose three.)

A. every time journals are posted to the general ledger
B. every time the tree version is published
C. every time you run the batch program called "Update Essbase Balances"
D. every time you open a new period

Answer: A,B,D

NEW QUESTION 51
Identify three Differences between Oracle Transactional Business Intelligence (OTBI) and Oracle Business Intelligence Application (OBIA).

A. Cloud customers can use both OTBI and OBIA
B. OBIA is based on the universal data warehouse design with different prebilt adapters that can connect to various source application.
C. OTBI allows you to create custom reports from real-time transactional data against the database directly.
D. OBIA works for multiple sources including E-business Suite, PeopleSoft, JD Edwards, SAP and Fusion Applications.
E. Both OBIA and OTBI provie a set of predefined reports and dashbards and a library of metrics that help to measure business perfrormance.

Answer: B,C,D

NEW QUESTION 52
The Delete Translated Balances Process provides the ability to completely reset translations in the event that significant changes are made to the accounting configuration. Once the deletion process completes, what additional process must you run?

A. Submit the Create Scenario Dimension Members process to ensure that the balances cube maintains translated balances that are consistent with future translations
B. Submit the Create General Ledger Balances Cube process to ensure that the balances cube maintains translated balances that are consistent with future translations
C. Submit the updated General Ledger Balances Cube process to ensure that the balances cube maintains translated balances that are consistent with future translations
D. Submit the Create Currency Dimension Members process to ensure that the balances cube maintains translated balances that are consistent with future translations

Answer: B

NEW QUESTION 53
All of your subsidiaries reside on the same application instance, but some of them require a different chart of accounts and/or accounting calendar and currency. There is nominority interest or partial ownerships. What is Oracle's recommended approach to performing consolidations?

A. Translate balances to the corporate currency, create a chart of accounts mapping to the corporate chart of accounts, then transfer balances tothe corporate consolidation ledger using the balance transfer program
B. 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 creates a ledger set across all ledgers and report on the ledger set.
C. Translate balances to the corporate currency for ledgers not in the corporate currency, use General Ledger's Financial Reporting functionality to produce consolidated reports by balancing segment where each report represents a different subsidiary.
D. Use Oracle Hyperion Financial Management for this type of complex consolidation.

Answer: A

NEW QUESTION 54
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