Oracle
1Z0-960 · Question #26
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?
The correct answer is A. ADB provides organizations with the ability to track average and end-of-day balances, D. Average balances are maintained for both actual and budget balances. See the full explanation below for the reasoning.
Question
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?
Options
- AADB provides organizations with the ability to track average and end-of-day balances,
- BAverage balances are stored for both subledger balances and general ledger balances.
- CAverage balances are stored in the Essbase cube.
- DAverage balances are maintained for both actual and budget balances.
- EWhen using ADB, you must define a daily calendar and assign it to your ADB ledger.
How the community answered
(17 responses)- A71% (12)
- B12% (2)
- C6% (1)
- E12% (2)
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