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NEW QUESTION: 1
Identify the three true statements about accounts and account types. (Choose three.)
A. Account types tell FM how the account balances should accumulate over time.
B. Financial Management provides predefined account types such as Asset, Revenue, Flow, Balance, and Dynamic.
C. Children cannot inherit the account type of their parent unless specifically defined by the administrator.
D. Account types tell FM how the child account should aggregate to the parent.
E. Base level accounts do not automatically roll up to parents; business rules are required.
Answer: A,B,D
Explanation:
Explanation
"Each account has an account type. Account types determine how child accounts are aggregated to parent accounts and how account balances accumulate over time." Above is an explanation about account types directly from the HFM Admin guide published by Oracle.
Additionally, this is true because Asset and Liability account types are balance sheet accounts and they represent a balance at a point in time. So, whether you look at the amount in these account types as periodic, QTD or YTD, the value is the same as it is not a cumulative amount.
The Revenue and Expense account types are income statement accounts and therefore the QTD and YTD amounts are an accumulation of the Periodic amounts.

NEW QUESTION: 2
What file structure database would you expect to find on floppy disks?
A. FAT16
B. FAT12
C. FAT32
D. NTFS
Answer: B

NEW QUESTION: 3
You open the Cloud App Security portal as shown in the following exhibit.

You need to remediate the risk for the Launchpad app.
Which four actions should you perform in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.

Answer:
Explanation:

Reference:
https://docs.microsoft.com/en-us/cloud-app-security/governance-discovery