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Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. Most of the accounting entries for transactions from your source system use TRANSACTION_AMOUNT as a source of the entered amount accounting attribute. For some events, you need to use TAX_AMOUNT as the source.
At what level can you override the default accounting attribute assignment?

A) Journal Entry Rule Set
B) Event Class
C) Journal Line Rule
D) Journal Entry
E) Event Type

2. What Is Oracle Essbase?

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

3. What type of user must be defined before you can create an Implementation Project?

A) None. The OIM system administrator user ID, XELSYSADM, which is assigned by the person provisioning the system, has full access.
B) Implementation Users
C) All roles that will be used throughout the implementation
D) None. The Fusion Applications Superuser, FAADMIN, has full access to create an Implementation Project.
E) A full-time employee that has the FSM Superuser role assigned

4. You need to create a month-end re-porting package for an upcoming Audit Committee meeting. You have 10 financial reports that you will need to share with executives and auditors.
In which three ways do you accomplish this?

A) Users can drill down on snapshot reports for future analysis.
B) Use a Report Batch to run reports at a specific time to create set of snapshot reports based on accounting information at that specific point in time.
C) Snapshot reports can only be viewed online.
D) The report contained in the book can be printed or viewed individually or as an entire book thatincludes a table of contents.
E) Using Workspace, assemble multiple reports into a book.

5. After loading your budget data into Fusion Genera. Ledger, you can view budget balances using these feature.
Which feature does not belong on the list?

A) Smart View
B) Account Inspector
C) Account Monitor
D) Application Development Framework Desktop Integration(ADFdi)

Solutions: