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| Section | Objectives |
|---|---|
| Budgetary Control and Encumbrance Accounting | - Control Budgets - Funds Check Processing - Encumbrance Accounting - Configure Budgetary Control |
| Configuring Ledgers | - Configure Secondary Ledgers - Manage Ledger Sets - Define Ledger Options - Configure Reporting Currencies |
| Configuring Enterprise and Financial Reporting Structures | - Manage Ledgers - Manage Account Hierarchies - Manage Legal Jurisdictions - Manage Accounting Calendars - Manage Chart of Accounts - Manage Legal Authorities and Legal Entities - Manage Geographies |
| Financial Reporting | - Smart View Reporting - Financial Statement Generation - Account Groups and Reports - Financial Reporting Studio |
| Intercompany Processing | - Intercompany Reconciliation - Configure Intercompany Balancing Rules - Process Intercompany Transactions |
| Period Close | - Manage Accounting Periods - Perform Period Close Activities - Close Monitoring and Reporting |
| Journal Processing | - Configure Journal Approval - Create and Manage Journals - Recurring Journals - Journal Import and Posting - Allocation Rules |
You defined a tree or hierarchy, but you are unable to set its status to Active. What is the reason
Correct Answer: C 🗳️
You want to define a tree or hierarchy for use in reports and allocations. What three aspects should you remember when creating the tree
Correct Answer: A,B,D 🗳️
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You are implementing Financials Cloud and are using spreadsheets to load Legal Entities, Business Units, and Account Hierarchies. Which three setup objects can be loaded via a spreadsheet from Functional Setup Manager?
Correct Answer: C,D,E 🗳️
Explanation: Only visible for Prep4away members. You can sign-up / login (it's free).
Your customer is reconciling their Intercompany Receivables accounts. Which two reports should they use in addition to using the intercompany Reconciliation report?
Correct Answer: D 🗳️
After Loading your ledger data into General Ledger cloud, you can view budget balances using those features. Which feature does not belong on list?
Correct Answer: D 🗳️
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