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Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

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

A) 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
B) Define the hierarchy, make sure the tree is active, and the Publish check box is selected for the hierarchy.
C) Define the hierarchy, then deploy the chart of accounts. The chart of accounts hierarchies will be generated automatically.
D) Define the hierarchy and make sure the tree is active. The hierarchy will be system generated for

2. 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) The report contained in the book can be printed or viewed individually or as an entire book thatincludes a table of contents.
B) Users can drill down on snapshot reports for future analysis.
C) Snapshot reports can only be viewed online.
D) 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.
E) Using Workspace, assemble multiple reports into a book.

3. Which two statements are true regarding the export/import of reports?

A) To view errors encountered during the export or import Process, you must use SQL queries to obtain that data because no reports exist.
B) The export/import reports are available only for Fusion Customer Relationship Management.
C) A set of reports are provided for both exported and imported setup data to validate the export/import processes and setup data.
D) A set of reports lists user names, suppliers, and customers that have been exported/imported
E) Reports on setup data can be used to compare and analyze how the data might have changed over time.

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

5. Which reporting tool is best suited for submitting high-volume transactional reports, such as invoice Registers or Trial Balance reports, that can be configured to extract the data in Rich Text Format or XML?

A) Intelligence Publisher (BI Publish.
B) Oracle Business Intelligence Applications (OBIA)
C) Oracle Transactional Business Intelligence (OTBI)
D) Smart View
E) Financial Reporting Center

Solutions: