Exit 1Z0-960 Oracle Financials Cloud: General Ledger 2017 Implementation Essentials
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Q1 Multiple choice

You customer is a financial Institution that needs to maintain overage daily balances (ADB).

Which two statements are true regarding this functionality in Fusion Applications?

Select all that apply.

  • A

    ADB provides organizations with the ability to track average and end-of-day balances, reportaverage balance sheets, and create custom reports using both actual and average balances.

  • B

    Average balances are stored for both subledger balances and general ledger balances.

  • C

    Average balances are stored in the Essbase cube.

  • D

    Average balances are maintained for both actual and budget balances.

  • E

    When using ADB, you must define a daily calendar and assign it to your ADB ledger.

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