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Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. You need to define multiple allocation rules as efficiently as possible.
Which three components can be reused across allocation rules?

A) Run Time Prompts (RTP)
B) RuleSets
C) Formulas
D) Point of View (POV)

2. What process must be followed to propagate a chart of accounts hierarchy to the Essbase cube?

A) Define the hierarchy, make sure the tree is active, and the Publish check box is selected for the hierarchy.
B) Define the hierarchy and make sure the tree is active. The hierarchy will be system generated for
C) Define the hierarchy, then deploy the chart of accounts. The chart of accounts hierarchies will be generated automatically.
D) Define the hierarchy, make sure the tree version is active, and then run the publish account Hierarchies program or the Publish Chart of Accounts Dimension Members and Hierarchies

3. Which two General Ledger work would you assign to all your entry-level General Ledger accountants?

A) Financial Reporting Center
B) Journals Work Area
C) General Accounting Dashboard
D) Period Close Work Area

4. You want to enter budget data in Fusion General Ledger. Which method is not supported?

A) File-based Data Import
B) Smart View
C) Application Development Framework Desktop Integration (ADFdi)
D) Entering budget Journals

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) Account Inspector
C) Account Monitor
D) Smart View
E) Financial Reports published to Excel

Solutions: