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Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. Which two statements are true regarding how Intercompany Balancing Rule, are defied?

A) You can define different balancing rules for different combinations of journal sources, journal categories, and transaction types
B) All ledgers engaged in an intercompany transaction must share the same chart: of accounts in order to define balancing rules
C) You can define different rules for different charts of accounts, ledgers, legal entities, and primary balancing segment value.
D) You can only define balancing rules for different journals' sources. You cannot define balancing rules for different journal categories.

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) Using Workspace, assemble multiple reports into a book.
C) 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.
D) Snapshot reports can only be viewed online.
E) Users can drill down on snapshot reports for future analysis.

3. What Is Oracle Essbase?

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

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

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

5. Your user forgot the password. How do you resolve this?

A) Use Oracle Identity Management (OIM) to reset the user's password.
B) Use Access Policy Manager (APM) to reset the user's password.
C) Use the Manage Users page to update the user's information and change the password.
D) Log in to the user's machine as an Administrator and change the password from the login pa
E) Create a new user ID and password for the user.

Solutions: