1Z0-1080-26 practice question 15 of 25

You want to include asset-related expenses such as depreciation, amortization, and insurance in Financials reporting. Which statement describes what you need to set up in Financials or Capital to share the data?

Full set: 118 questions
Answer options
A: In Capital, for Expense, enable Integration with Financials. Correct answer
B: In Financials, on the Enable page, in Map/Rename Dimensions, add a custom dimension called Assets.
C: In Capital, on the Configure page, select Map Capital Accounts and map capital accounts to the corresponding account in Financials.
D: In Financials, in the Asset Expenses Wizard, map each component to a Financials account.
Correct Answer:
A. In Capital, for Expense, enable Integration with Financials.
Explanation

To integrate asset-related expenses from the Capital business process into the Financials business process for reporting, you must first enable this specific integration. This is done within the Capital configuration settings. By enabling "Integration with Financials" for the Expense component, you activate the data maps and business rules that push calculated values like depreciation and amortization from Capital to the corresponding expense accounts in Financials. This is the foundational step required to allow the data sharing to occur.

Why Incorrect

B. Adding a custom "Assets" dimension in Financials is incorrect; the integration leverages the standard Account dimension and other shared dimensions.
C. Mapping accounts is a necessary configuration step, but it can only be done after the integration feature itself is enabled (Option A).
D. There is no "Asset Expenses Wizard" in Financials for this purpose; the configuration and mapping are managed within the Capital business process settings.

References

- Oracle EPM Cloud, Administering Capital, "Integrating Capital with Financials". The documentation states: "To integrate Capital with Financials, you enable integration for Expenses, Investments, and Funding... On the Capital Configure page, for Expenses, select Enable Integration."

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