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NEW QUESTION: 1
Identify the three true statements about accounts and account types.
A. Base level accounts do not automatically roll up to parents; business rules are required.
B. Account types tell FM how the account balances should accumulate over time.
C. Account types tell FM how the child account should aggregate to the parent.
D. Children cannot inherit the account type of their parent unless specifically defined by the administrator.
E. Financial Management provides predefined account types such as Asset, Revenue, Flow, Balance, and Dynamic.
Answer: B,C,E
Explanation:
Explanation/Reference:
"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 accout types as periodic, QTD or YTD, the value is the same as it is not a cumlative 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
You need to recommend which type of profile should be assigned to the Sales private cloud.
What should you recommend?
A. Physical Computer
B. Hardware
C. Guest OS
D. Capability
Answer: B
Explanation:
Explanation/Reference:
Each virtual machine created in the Sales private cloud must be limited to four virtual CPUs
and eight GB of memory.

NEW QUESTION: 3
Which three types of Layer 2 isolation do private VLANs provide? (Choose threE.
A. Promiscuous
B. Blocking
C. Private group
D. Isolated
E. Community
Answer: A,D,E