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Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. You entered users who are both employees and contingent workers. You want an automated way to assign, reassign, and remove roles from users. What feature do you use?

A) Access Policy Manager's Role Generation
B) Data Roles
C) You cannot reassign contingent workers.
D) Role Mappings
E) Oracle Identity Manager Roles Assignment

2. Before implementing Fusion Financials, your customer used to manually reconcile their intercompany payables and receivables accounts.
What is a more automated approach to do this?

A) Run the BI Publisher reports called Intercompany Transaction Summary and Account Details to automatically reconcile intercompany balances.
B) Create a query using Oracle Transactional Business Intelligence (OTBI) that will match the intercompany payables and receivables balances.
C) Use Oracle Hyperion Close Manager to automatically reconcile intercompany account balances.
D) In Fusion Financials, you must manually reconcile your intercompany account balances.
E) Run the Intercompany Reconciliation report, which shows pairs of intercompany receivables and payables accounts that are out of balance.

3. Your Financial Analyst needs to interactively analyze General Ledger balances with the ability down to originating transactions.
Which three features facilitate this?

A) Smart View
B) Online Transactional Business Intelligence
C) Financial Reports published to Excel
D) Account Monitor
E) Account Inspector

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) 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.
B) Using Workspace, assemble multiple reports into a book.
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) Users can drill down on snapshot reports for future analysis.

5. You want to automatically post journal batches imported from subledger source to prevent accidental edits of deletions of the subledger sources journals, which could cause an out -ofbalance situation between your sub ledgers and general ledger.
Which two aspects should you consider when defining your AutoPost Criteria?

A) Use the Alloption for category and accounting period to reduce maintenance and ensure that all imported journals are included in the posting process.
B) Schedule your AutoPost Criteria set to run during off-peak hours only
C) Include all of your sub ledger sources in the AutoPost Criteria. Divide up criteria sets by subledger source only if you need to schedule different posting times.
D) Create your AutoPost criteria using minimal source and categories.

Solutions: