Question 1

Which two statements are true about infotiles and infolets?

Options :

A : You can refresh infolets to see up-to-date data.

B : Infotiles pull data from a Smart View analysis.

C : Infolets are accessed only from the News Feed home page layout.

D : You can create your own user-defined infolets.

E : Infotiles have Front view. Back view, and Expanded view.

Answer: A,C

Question 2

There is a business requirement for a subsidiary company to report to the parent company on a monthly basis.

Given that:

The subsidiary is in another country from the parent.

There is no requirement to have daily balances.

The objective is to minimize the data stored in the reporting currency.

Which data conversion level should you recommend?

Options :

A : Subledger level

B : Journal Level

C : Adjustment only level

D : Balances Level

E : Spreadsheet level

Answer: D

Question 3

Users with the General Accountant job role have reported that they are unable to access the UK Ledger. They require read/write access to the full ledger. The accounting configuration completed successfully. What should you do to allow access to the ledger?

Options :

A : Assign the UK reference set to the user/role combination.

B : Assign the security context value of UK Ledger to the user/role combination.

C : Create a data access set that allows access to the UK Ledger.

D : Assign the General Accounting Manager role to those users.

Answer: C

Question 4

The current implementation project covers Financials (with Fixed Assets and Expenses) with operations planned in three countries (USA, Italy, and India). Which three labels are required when designing the chart of account structure for this project? (Choose three.)

Options :

A : Primary Balancing

B : Intercompany Segment

C : Secondary Balancing

D : Cost center

E : Natural Account

Answer: A,D,E

Question 5

Your new accountants have been making mistakes in reconciling accounts assigned to them. Your account balances have either spiked or dropped 30-40% every period due to human error. This causes delays in reconciliation. What feature can you use to be proactively notified of account anomalies in a more timely manner?

Options :

A : Account Monitor

B : Financial Reports with Embedded charts

C : Smart View

D : Account Inspector and its charts

Answer: A

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