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NEW QUESTION 54

In Financials, you want to see asset related expenses such as depreciation, amortization, and insurance.

Which describes the steps you can take to set this up? (Choose the best answer.)

  • A. On the Configure page for Capital, select the option to map Capital accounts to financial accounts. Then for each Capital account, select a financial account to map to.
  • B. Set up the Equipment Expense Reporting Capex data map to map asset related expenses to Financials.
  • C. On the Configure page for Financials, select Asset Accounts to set up the accounts from Capital that map to Financials.
  • D. On the Configure page for Financials, when enabling features, include a custom dimension to store asset related information.

Answer: A

NEW QUESTION 55

When calculating a tiered type of tax, what should be the selected 'Maximum Value Type'? (Choose the best answer.)

  • A. Threshold Amount
  • B. Percentage of Overall Earnings
  • C. Percentage of Taxable Earnings
  • D. Flat Amount
  • E. Percentage of Salary

Answer: A

Explanation:

Setting the Maximum Value Type to Threshold Amount is available only for Taxes.

NEW QUESTION 56

What is the difference between Financials and Strategic Modeling? (Choose the best answer.)

  • A. There is not a technical difference, both do essentially the same thing
  • B. Ownership Contributions and Consolidations are out of the box in Financials
  • C. Strategic Modeling is broader in focus and used for long range planning
  • D. Financials is more summarized than Strategic Modeling

Answer: C

Explanation:

Your strategic planning and your business planning should be complementary, but effective strategy development requires you to shift your focus from the day-to-day concerns of your business and to consider your broader and longer-term options.

NEW QUESTION 57

Which two statements are true regarding the creation and management of business rules in module-based Planning? (Choose two.)

  • A. Modules cannot use regular business rules. Instead, they must be scripted using Groovy.
  • B. Custom business rules can be created for each module.
  • C. Pre-defined business rules for modules may be modified, but may be ignored after an application upgrade.
  • D. Custom business rules for modules can only be created using the graphical designer.

Answer: B,D

NEW QUESTION 58

In Projects, which three types of revenue and expense assumptions drive data calculations? (Choose three.)

  • A. Program mappings
  • B. Discount rates
  • C. Plan start year
  • D. Standard rates
  • E. Project rates
  • F. Working days and hours

Answer: A,E,F

NEW QUESTION 59

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