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Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. Alter submitting the journal for approval, you realize that the department value in the journal incorrect. How do you correct the value?

A) Reverse the journaland create a new one.
B) Click the Withdraw Approval button in the Edit Journals page and edit the journal.
C) Update the journal through workflow
D) Delete the journal and create a new journal.

2. What are the two benefits of having the Essbase cube embedded in Fusion General Ledger?

A) You can access real-time results for reporting and analysis because every time a transaction is posted in General Ledger, multidimensional balances are also updated simultaneously.
B) General ledger balances are multidimensional, allowing you to perform robust reporting and analysis.
C) Posting performance is much faster.
D) You no longer need to create and maintain hierarchies because the Essbase cubes are created when you create your chart of accounts.
E) Integrating with third-party systems is easier because the Essbase cube provides chart of accounts mapping rules.

3. You entered users who are both employees and contingent workers. You want an automated way to assign, reassign, and remove roles from users. What feature do you use?

A) Oracle Identity Manager Roles Assignment
B) Role Mappings
C) Data Roles
D) You cannot reassign contingent workers.
E) Access Policy Manager's Role Generation

4. Your customer wants to prevent their department managers from viewing the results of other departments where they have no management authority.
What should be implemented for this type of security?

A) Role-Based Access
B) Data Access Sets
C) Cross-Validation Rules
D) Segment Value Security

5. You are defining an income statement report. You want to allow viewers of the report to be able to drill down from report balances to the underlying transactions. What do you need to enable?

A) Allow Expansion
B) Drill Through in Grid Properties
C) Nothing. All report balances are drillable in all FR Studio reports.
D) Report Functions

Solutions: