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Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. When working with Essbase, versions of the tree hierarchy as defined in the Fusion not available in the Essbase balances cube.
What should you do to correct this situation?

A) Make sure to flatten the rows of the tree version.
B) Make sure the tree version was published successfully.
C) Redeploy the chart of accounts.
D) Make sure the tree is active.

2. Which two delivered ro.es can access the full functionality of Functional Setup Manager,

A) IT Security Manager
B) Application Implementation Manager
C) Any functional user
D) Functional Setup Manager Superuser
E) Application Implementation Consultant

3. You operate in a country whose unstable currency makes it unsuitable for managing your day-today business. As a consequence, you need to manage your business in a more stable currency while retaining the ability to report in the unstable local currency.
What would be your recommendation when defining ledgers?

A) Create a secondary ledger that uses a different chart of accounts that is denominated in the more stable currency.
B) Run Revaluation as often as you need to the more stable currency and report on the more stable currency'sbalances.
C) Use Journal-Level or Subledger-Level Reporting Currencies denominated in the more stable currency.
D) Define Balance-Level Reporting Currencies in the more stable currency and run Translation as often as you need.

4. You want to automatically post journal batches imported from subledger source to prevent accidental edits of deletions of the subledger sources journals, which could cause an out -ofbalance situation between your sub ledgers and general ledger.
Which two aspects should you consider when defining your AutoPost Criteria?

A) Include all of your sub ledger sources in the AutoPost Criteria. Divide up criteria sets by subledger source only if you need to schedule different posting times.
B) Schedule your AutoPost Criteria set to run during off-peak hours only
C) Create your AutoPost criteria using minimal source and categories.
D) Use the Alloption for category and accounting period to reduce maintenance and ensure that all imported journals are included in the posting process.

5. Your Financial Analyst needs to interactively analyze General Ledger balances with the ability down to originating transactions.
Which three features facilitate this?

A) Online Transactional Business Intelligence
B) Smart View
C) Account Inspector
D) Account Monitor
E) Financial Reports published to Excel

Solutions: