Oracle Financials Cloud: General Ledger 2020 Implementation Essentials: 1Z0-1054-20

You are setting up Close Monitor, which comprises a ledger set hierarchy definition.

Which two components of the enterprise structure should the ledgers in the ledger set share? (Choose two.)

A. Accounting Calendar

B. Legal Entities, Business Units, and Chart of Accounts

C. Chart of Accounts

D. Chart of Accounts, Currency, Accounting Calendar, and Subledger Accounting Method

E. Chart of Accounts and Business Units

Which two statements are true regarding how Intercompany Balancing Rules are defined? (Choose two.)

A. All ledgers engaged in an intercompany transaction must share the same chart of accounts to define balancing rules

B. You can only define balancing rules for different journal's sources. You cannot define balancing rules for different journal categories

C. You can define different rules for different charts of accounts, ledgers, legal entities, and primary balancing segment values

D. You can define different balancing rules for different combinations of journal sources, journal categories, and transaction types

You have set up a supporting reference with balances to capture revenue by account manager. Which option should you use to view the supporting reference balances?

A. an Account Group

B. an OTBI analysis

C. a SmartView analysis

D. General Ledger inquiries and reports