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All of your subsidiaries can share the same ledger with their parent company and all reside on the same application instance. They do perform intercompany accounting.

What does Oracle consider the best practice approach to performing consolidations?

A. Use Oracle Hyperion Financial Management for this type of complex consolidation.

B. Use General Ledger's Balance Transfer programs to transfer subsidiary ledger balances to theparent ledger, and then enter eliminating entries as a separate balancing segment in the parent ledger.

C. Use General Ledger's Financial Reporting functionality to produce consolidated reports bybalancing segment where each report represents a different subsidiary. Any eliminating entries can be entered in yet another separate balancing segment.

D. Create separate ledgers for each subsidiary that shares the same chart of accounts, calendar,currency, and accounting method. Create a separate elimination ledger to enter intercompany eliminations. Then create a ledger set across all ledgers and report on the ledger set.

You want to monitor the dose process of all your financial subledgers and ledgers. How can you quickly obtain this information?

A. Access each subledgers' calendar and General Ledger's Manage Accounting Periods page to view the status of each period.

B. Use the Manage Accounting Periods page to view the status of all subledgers and ledgers.

C. Use Close Monitor in General Accounting Dashboard.

D. Run Closing Status reports.

You transact in 50 different currencies and you need to define a high volume of revaluation definitions. Which two methods are Oracle recommended best practices for streamlining this process?

A. Define separate revaluation definitions for each class of accounts, currency, and different rate types.

B. Use hierarchies and parent values in your revaluation definition.

C. Share revaluation definitions across ledgers that share the same chart of accounts.

D. Define one revaluation definition for all accounts (assuming all ledgers share the same chart of accounts) and simply change the parameters at run time.

Which two statements are true regarding the export/import of reports?

A. A set of reports are provided for both exported and imported setup data to validate the export/import processes and setup data.

B. Reports on setup data can be used to compare and analyze how the data might have changed over time.

C. To view errors encountered during the export or import Process, you must use SQL queries to obtain that data because no reports exist.

D. A set of reports lists user names, suppliers, and customers that have been exported/imported

E. The export/import reports are available only for Fusion Customer Relationship Management.

You are required to enter a high volume of users into the system. What does Oracle consider best practice to do this?

A. Use SQL to populate the HR interface tables and load employees in bulk.

B. Use the spreadsheet templates available in Oracle Enterprise Repository (OER) and then import users into Fusion Applications.

C. Use the "Hire an Employee" user interfaceto inter each user manually.

D. Use the spreadsheet available in Oracle Identity Manager (OIM) to import users.

E. Use the "Enter a Supplier" user interface to enter each user manually.