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Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. Which statement is true when creating an Implementation Project for Fusion Financials?

A) Selecting the Offering "Financials," automatically allows you to perform the setup for all Fusion Financial products.
B) Plan your implementation project carefully because you cannot delete it or make changes later. E) The Implementation Project is preconfigured and cannot be deleted or changed.
C) You only need to make the project name unique, then you can perform the setup for any product family, such as Financials, Procurement, Human Capital Management and Supply Chain
D) You must select the Offering "Financials," and each individual product or option to perform the setup for each product in Fusion Financials.

2. On whichthree occasions are Essbase balances updated?

A) At report run-time
B) Every time you run the batch program called "Update Essbase Balances"
C) Every time journals are posted to the general ledger
D) Every time you open a new period
E) Every time the tree version is published

3. What are the tables or views from which the Create Accounting program takes source data that is used in rules to create journal entries?

A) Accounting attributes
B) Transaction Objects
C) Event Classes
D) Mapping Sets
E) Event Entities

4. You are reconciling your subledger balances and you need a report that includes beginning and ending account balances and all transactions that constitute the account's activities.
What type of report will provide this type of information?

A) An Online Transactional Business Intelligence (OTBI) report to create ad hoc queries on transactions and balances
B) Journals Reports
C) Aging Reports
D) Account Analysis Reports

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

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

Solutions: