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Question No. 1 Which two statements are true regarding the Intercompany Reconciliation Report? (Choose two.)

A. You can only drill down to the general ledger journal and then from there to the subledger journal entry.

B. This report can be run using an additional currency and conversion rate that converts all amounts into a common currency for comparison.

C. This report displays only the reconciled transactions. You need to further process automatic reconciliation to reconcile the unreconciled transactions.

D. This report includes Ledger balancing lines generated when the primary balancing segment value (BSV) is in balance, but either the second or third BSVs are not.

E. This report displays the intercompany receivables and intercompany payables balances in summary for a period.

Answer: B, E Question No. 2 You are creating values for the chart of account value set that you are planning to use for the account segment within your Chart of Accounts.

You are not able to assign an Account Type. What is the reason for this?

A. You have not set the Allow Budgeting attribute for the value set B. The Account Type qualifier has not been enabled when defining the value set C. You are creating values before assigning the value set to the structure D. You have not set the Allow Posting attribute for the value set Answer: D Question No. 3 In which two ways can your users personalize the Springboards and Work Areas to suit their individual working styles? (Choose two.)

A. They can format certain tables by hiding and showing columns, moving columns, and resizing columns B. Users have very little control configuring their Springboards and Work Areas; they can only resize columns C. They can have the System Administrator configuring pages for them using Page Composer D. They can use ''+'' under the Apps section of the News Feed homepage Answer: A, C Question No. 4 You want to achieve multi-step cascading allocations, which feature do you use?

A. RuleSets

B. Formulas C. Point of View (POV) D. General Ledger journal entries Answer: A Question No. 5 The Create Accounting program could not determine the debit side of the journal entry.

Which component of Subledger Accounting determines the debit or credit side of a journal entry?

A. Journal Balances Rule B. Journal Entry Rule Set C. Journal Line Rule D. Journal Accounting Rule E. Account Rule Answer: B

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