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Which two statements are true about balances cubes in General Ledger?
Correct Answer: C,D
Explanation Balances cubes are multidimensional databases that store financial balances for interactive reporting and analysis. A balances cube is created for each unique combination of ledger and currency, and it contains dimensions such as chart of accounts segments, periods, scenarios, and other user-defined attributes. New dimensions can be added to a balances cube by using the Manage Balances Cube Dimensions task in General Ledger. Balances cubes are updated automatically when journals are posted in General Ledger, and they can also be refreshed manually by using the Refresh Balances Cube task. Balances cubes are not affected by the Translation or Revaluation processes, as these processes only update the balances tables in General Ledger. References: Overview of Oracle General Ledger Balances Cubes1 Considerations for General Ledger Balances Cubes2 Overview of Oracle Essbase Balances Cubes3