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NEW QUESTION 25
What are the two purposes of a secondary ledger? (Choose two.)
- A. It should only be used to main balances for processing performance
- B. It is used to main balances in a different currency only
- C. It is an optional ledger that is linked to a primary ledger for the purpose of tracking alternative accounting
- D. It should not be used when trying to meet local accounting requirements
- E. It can differ from its primary ledger by the accounting method, chart of accounts, accounting calendar, currency, and/or journal processing options
Answer: C,E
NEW QUESTION 26
What are the three differences between Oracle Transactional Business Intelligence (OTBI) and Oracle Business Intelligence Applications (OBIA)? (Choose three.)
- A. Cloud customers can use both OTBI and OBIA
- B. OTBI allows you to create custom reports from real-time transactional data against the database directly
- C. OBIA is based on the universal data warehouse design with different prebuilt adapters that can connect to various source applications.
- D. Both OBIA and OTBI provide a set of predefined reports and dashboards and a library of metrics that help to measure business performance.
- E. OBIA works for multiple sources including E-Business Suite, PeopleSoft, JD Edwards, SAP, and Cloud Applications
Answer: B,C,E
NEW QUESTION 27
What are the two benefits of having the Essbase cube embedded in General Ledger Cloud? (Choose two.)
- A. Posting performance is much faster
- B. General ledger balances are multidimensional, allowing you to perform robust reporting and analysis
- C. You no longer need to create and maintain hierarchies because the Essbase cubes are created when you create your chart of accounts
- D. Integrating with third-party systems is easier because the Essbase cube provides chart of accounts mapping rules
- E. You can access real-time results for reporting and analysis because every time a transaction is posted in General Ledger, multidimensional balances are also updated simultaneously
Answer: B,E
NEW QUESTION 28
You have exported data from your budgeting application into a .csv file.
What should you use to load that data into General Ledger?
- A. The budget journal spreadsheet
- B. File Based Data Import
- C. Application Developer Framework Desktop Integrator
- D. Enterprise Resource Budget Integrator
Answer: C
NEW QUESTION 29
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