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NEW QUESTION 37
Your client has been using Budgetary Control for six months. Now, they want to use the Spend Authorization.
D18912E1457D5D1DDCBD40AB3BF70D5D
After opting in the new feature Spend Authorization with Budgetary Control, what additional three actions need to be accomplished to activate this feature? (Choose three.)
- A. Create a Payment Process Profile
- B. Enable Payment Request Subtypes
- C. Rebuild the Budgetary Control Cube
- D. Rebuild the GL Balances Cube
- E. Enable spend authorization
Answer: B,C,E
NEW QUESTION 38
You are implementing Segment Value Security rules. Which two statements are true? (Choose two.)
- A. The Segment Value Security rules do not take effect until you assign the rules to users and products
- B. When you enable Segment Value Security on a segment, users will not be able to access any values until you grant access to users and products
- C. You can use hierarchies to define rules
- D. When you enable or disable Segment Value Security, you do not need to redeploy your chart of accounts
Answer: B,C
NEW QUESTION 39
You are reconciling your subledger balances and you need a report that includes beginning and ending account balances and all transactions that constitute the account's activities.
What type of report will provide this type of information?
- A. an Online Transactional Business Intelligence (OTBI) report to create ad hoc queries on transactions and balances
- B. Aging Reports
- C. Account Analysis Reports
- D. Journals Reports
Answer: C
NEW QUESTION 40
You are defining intercompany balancing rules that are applied to a specific source and category, such as payable and invoices, or a specific intercompany transaction type, such as Intercompany Sales.
Which two statements are correct? (Choose two.)
- A. You must define rules for every combination of specific categories and sources. Otherwise, the intercompany balancing will not work.
- B. Set up a chart of accounts rule for every chart of accounts structure you have in order to ensure that Intercompany Balancing will always find a rule to use to generate balancing accounts.
- C. If you choose to have rules at various levels, then intercompany balancing evaluates the rules in this order: Ledger, Legal Entity, chart of accounts, and primary balancing segment value.
- D. You can create a rule for all sources and categories by selecting the source "Other" and the category "Other".
Answer: B,D
NEW QUESTION 41
Budgetary control for accounts 5020 and 5021 has a budget of $90,000USD each for the year 2012. The accounts also have balances on obligation of $10,000 USD for each and an expenditure of $20,000 USD for each. A Fund of $50,000 USD is available for account 5010 only. You have run the Encumbrance Year End Carry Forward process for obligation from the last period of the year 2012 to the first period of year 2013. Which statement is true?
- A. The Encumbrance Year End Carry Forward process will run for all the accounts to carry forward the general ledger balances
- B. If you have included 5020 and 5021 in the encumbrance rule, the budget balances $90,000 USD, obligation $10,000 USD and expenditure $20,000 USD only will be carried forward.
- C. If you have included 5020 and 5021 in the encumbrance rule, then budget balances $90,000 USD, obligation $10,000 USD, and expenditure $20,000 USD, and the funds available $50,000 USD will be carried forward
- D. If you have included 5020 and 5021 in the encumbrance rule, then only the obligation of $10,000 USD will be carried forward
- E. If you have included 5020 and 5021 in the encumbrance rule, then obligation $10,000 USD and expenditure $20,000 USD only will be carried forward.
Answer: C
NEW QUESTION 42
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