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Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. What Is Oracle Essbase?

A) A relational database
B) A data ware house
C) A multidimensional Online Analytical Processing (OLAP) server that is embedded in Fusion GeneralLedger
D) A robust reporting and analysis tool

2. You want to specify Intercompany System Options.
Which three factors should you consider?

A) Whether to allow receivers to reject intercompany transactions
B) Automatic or manual batch numbering and the minimum transaction amount
C) The approvers who will approve intercompany transactions
D) Whether to enforce an enterprise-wide currency or allow in intercompany transactions in local currencies
E) Automatic or manual batch numbering and the maximum transaction amount

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

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

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

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

5. Your new accountants have been making mistakes in reconciling accounts assigned to them. Yourbalances have either spiked or dropped 30-40% every period due to human error. This causes delays in reconciliation.
What feature can you use to be proactively notified of account anomalies in a more timelymanner?

A) Smart View
B) Account Inspector and its charts
C) Financial Reports with Embedded charts
D) Account Monitor

Solutions: