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Download Oracle Financials Cloud: General Ledger 2021 Implementation Essentials Exam Dumps
NEW QUESTION 42
When working with Essbase, versions of the tree hierarchy as defined in the fusion not available in the Essbase balances cube. What should you do to correct this situation?
Answer: A
NEW QUESTION 43
What are the two possible reasons for encumbrance created on the purchase order to go back to the budget or funds availibility? (Coose two)
Answer: A,C
NEW QUESTION 44
You are defining an income statement report. You want to allow viewers ofthe report to be able to drill down from report balances to the underlying transactions. What so you need to enable?
Answer: C
NEW QUESTION 45
Which three reporting tools are based on real-time data or balances?
Answer: B,C,D
Explanation:
Smart View is an Excel-based analysis tool, ideal for financial analysts needing to quickly define financial reports and ad hoc queries within a familiar tool. Unlike traditional offline spreadsheet analysis, Smart View is directly integrated to Fusion General Ledger balances in real-time Oracle Transactional Business Intelligence Oracle Transactional Business Intelligence (OTBI) is designed for operational users who want to create their own custom queries, reports, dashboards, charts and graphs to aid daily decisionmaking.
Users can access, analyze and evaluate real-time transaction data in Fusion Financials by using a self- service report design tool to build reports on top of customizable analysis structures. As an end-user tool, OTBI reduces reliance on IT for the creation and maintenance of reports, and provides the business with a fast, effective way to answer critical operational business questions. Financial Reporting Center Financial Reporting Center delivers boardroom-quality management reports based on live general ledger balances and hierarchies. In addition to high quality, formatted reports including graphs and charts, Financial Reporting Center also supports detailed and interactive analysis within the report through slicing-and-dicing, expansions and drilldowns, allowing managers and executives to review strategic financial highlights and trends but with the added capability to investigate the details for a comprehensive understanding of financial performance. The advantage of Fusion Financial Reporting is that it is based on real-time multi-dimensional account balances in the GL Essbase cube, so users can analyze information rapidly based on pre-aggregated summary balances at every level of the accounting hierarchy (ie the summary balances do not need to be calculated at report run-time). Every time a transaction or journal is posted, general ledger balances are created at every possible summarization level in real-time, so account balance inquiries and reporting are fast and up-to-the-minute accurate.
Financial Reporting comprises FR Studio for report definition, Workspace for report administration and distribution, and the Financial Report Center for immediate self-service user access to reports
https://cloud.oracle.com/_downloads/WhitePaper_Financials_2_Reporting_fr_FR/erp-fusion-reporting- wp.pdf
NEW QUESTION 46
Your customer is a financial Institution that needs to maintain average daily balances (ADB). Which two statements are true regarding this functionality in Fusion Applications?
Answer: B,D
Explanation:
Overview of Average Balance Processing You can use average balance processing to track average and end-of-day balances, report average balance sheets, and create reports using both standard and average balances. Average balance processing is particularly important for financial institutions since many regulatory agencies require average balance sheets in addition to standard balance sheets. Many organizations use average balances for internal management reporting and profitability analysis.
https://docs.oracle.com/en/cloud/saas/financials/20c/faugl/average-balance- processing.html#FAUGL4029061
NEW QUESTION 47
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