Oracle Financials Cloud : General Ledger 2017 Implementation Essentials

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

Your foreign currency transactions need to be revalued every month. For balance sheet accounts, you reverse the revaluation journals in the next period. You are
using the period- to-date (PTD) method of revaluation tor your income statement accounts.
When should you reverse revaluation journals, if at all required?

Which two methods can your General Ledger accountants use to more easily view large amounts of contained in the tables in their work areas?

You want to enter budget data in Fusion General Ledger. Which method is not supported?

You want to define an allocation rule where segment values are constants for rules and formulas. What should you do?

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?

You want to specify Intercompany System Options. Which three factors should you consider?

You entered a journal and the client is asking for the following information:
The current account balance?
What the future account balance will be if the Journal is approved and posted?
How will you get this information?

You are reconciling your Payables the Receivables balances against the General Ledger. You are using the Payables to Ledger Reconciliation report. You notice discrepancies between the balances in the subledgers, subledger accounting, and general ledger. Which three factors are responsible for these out-of-balance situations?

While creating a Journal Entry Rule Set, you are not able to use an Account Rule recently created. Which two options explain that?