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Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. Identify three functions of Functional Setup Manager.

A) Automatically mark the status of tasks as Completed after they have been completed.
B) Centrally manage the close processes across subledgers and ledgers.
C) Assign setup tasks to individuals with due dates where users must manually update their completion status.
D) Automatically generate lists of setup tasks in the correct sequence with dependencies highlighted.
E) Provide a central place to access and perform all of the setup steps across Fusion application product

2. On whichthree occasions are Essbase balances updated?

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

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

4. 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) Application Development Framework Desktop Integration(ADFdi)
C) Account Inspector
D) Account Monitor

5. When working with Essbase, versions of the tree hierarchy as defined in the Fusion not available in the Essbase balances cube.
What should you do to correct this situation?

A) Make sure to flatten the rows of the tree version.
B) Make sure the tree is active.
C) Redeploy the chart of accounts.
D) Make sure the tree version was published successfully.

Solutions: