1Z0-1004 1Z0-1004 Dumps 1Z0-1004 Braindumps 1Z0-1004 Real Questions 1Z0-1004 Practice Test 1Z0-1004 dumps free Oracle Oracle Financials Cloud: General Ledger 2018 Implementation Essentials
QUESTION: 67 What is the most efficient way to add a new year to the accounting calendar? A. Add the periods manually B. Use the Add Year button C. Import the periods from a spreadsheet D. The application automatically populates the next year when you open the first period of a new fiscal year. Answer: D QUESTION: 68 You operate in a country whose unstable currency makes it unsuitable for managing your day-to-day business. As a consequence, you need to manage your business in a more stable currency while retaining the ability to report in the unstable local currency. What would be your recommendation when defining ledgers? A. Define Balance-Level Reporting Currencies in the more stable currency and run Translation as often as you need. B. Use Journal-Level or Subledger-Level Reporting Currencies denominated in the more stable currency. C. Run Revaluation as often as you need to the more stable currency and report on the more stable currency's balances. D. Create a secondary ledger that uses a different chart of accounts that is denominated in the more stable currency. Answer: B QUESTION: 69 You are defining intercompany balancing rules that are applied to a specific source and category, such as payables and invoices, or a specific intercompany transaction type, such as Intercompany Sales. Which two statements are correct? (Choose two.) A. You must define rules for every combination of specific categories and sources.
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- Fall '20
- Accountancy journals and ledgers, Subledger Journal