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1. Your customer requires physical invoices to be generated in Fusion Payables and Fusion Receivables for the intercompany payables and receivables transactions.
What statement is correct with regard to setting this up?
A) You only need to assign the Legal Entity and Organization Contact.
B) You must perform additional setup steps for Fusion Payables and Fusion Receivables.
C) You must assign the corresponding Receivables and Payables Business Units.
D) You can only associate one Intercompany Organization per Legal Entity.
2. Your customer is reconciling their Intercompany Receivables accounts.
Which two reports should they use In addition to using the intercompany Reconciliation report?
A) Receivables to General Ledger Reconciliation report
B) AR Aging report
C) Receivables Aging by General Ledger Account report
D) General I edger Trial Balance report
3. You customer is a financial Institution that needs to maintain overage daily balances (ADB).
Which two statements are true regarding this functionality in Fusion Applications?
A) When using ADB, you must define a daily calendar and assign it to your ADB ledger.
B) Average balances are maintained for both actual and budget balances.
C) Average balances are stored for both subledger balances and general ledger balances.
D) ADB provides organizations with the ability to track average and end-of-day balances, reportaverage balance sheets, and create custom reports using both actual and average balances.
E) Average balances are stored in the Essbase cube.
4. While creating a Journal Entry Rule Set, you are not able to use an Account Rule recently created.
Which two options explain that?
A) The Account Rule is defined with a different chart of accounts from the Journal Entry Rule Set.
B) The Account Rule's chartof accounts have no account values assigned
C) The Account Rule is using sources assigned to different event classes from that of the associated Journal Entry Rule Set.
D) The Account Rule's conditions are not defined.
5. What type of user must be defined before you can create an Implementation Project?
A) A full-time employee that has the FSM Superuser role assigned
B) All roles that will be used throughout the implementation
C) Implementation Users
D) None. The Fusion Applications Superuser, FAADMIN, has full access to create an Implementation Project.
E) None. The OIM system administrator user ID, XELSYSADM, which is assigned by the person provisioning the system, has full access.
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A | Question # 3 Answer: B,D | Question # 4 Answer: B,C | Question # 5 Answer: B |
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