A global professional services firm has just acquired a smaller competitor. The acquired firm's Chart of Accounts (COA) uses a different calendar. The parent company's calendar is a standard monthly calendar (Jan-Dec). The acquired company uses a 4-4-5 calendar. To facilitate consolidated reporting, a new secondary ledger is being created for the acquired entity. Which calendar setup is required for this new secondary ledger?
A consultant is implementing General Ledger for a retail company with hundreds of stores. The business requires that store managers can only enter and view journals for their specific store. The 'Store' segment is the second segment in the Chart of Accounts. What is the most efficient way to enforce this security requirement?
During the period close process for a European subsidiary, the financial controller notices that the 'Revaluate Balances' process completes successfully but generates zero journals for unrealized gains or losses, despite significant fluctuations in the EUR to USD exchange rate. All foreign currency transactions are entered in USD. What is the most likely cause of this issue?
A financial analyst at a large holding company needs to create a consolidated income statement in Financial Reporting Web Studio. The report must display each subsidiary's results in separate columns, with a final column showing the total consolidated amount after eliminations. Which two dimension layout features are essential to build this report structure? (Select TWO).
A new AI-powered feature in General Ledger suggests account combinations for manual journal lines based on the journal line description. The system learns from previously posted journals. For this feature to provide accurate suggestions, which setup is most critical?
A university implements Oracle General Ledger. It has several legally independent colleges (e.g., College of Arts, College of Engineering) that operate under the university's umbrella. Each college is responsible for its own financial statements but needs to roll up to the university for consolidated reporting. Which enterprise structure configuration best models this scenario?
A consultant is designing an Intercompany Balancing Rule for a client. The rule needs to handle transactions between the 'Corporate' company (value 101) and any 'Operating' company (values 201-299). The requirement is for the offset account to be dynamically determined based on the transacting companies. How should the rule be configured for the 'Receivable' line?
True or False: Once a journal batch is posted in Oracle General Ledger, it can be unposted as long as the accounting period is still open.
A financial controller wants to build a custom dashboard infolet to monitor the 'Days Sales Outstanding' (DSO) KPI. The calculation for DSO requires the total Accounts Receivable balance and the total revenue over the last 90 days. Which reporting tool is the most appropriate source for creating the data visualization for this infolet?
A new journal source named 'Treasury Interface' has been created to import daily cash activity. The finance director requires that all journals from this source be posted automatically upon import, without any manual intervention or approval. Which setup task must be performed to meet this requirement?