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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 is active, and the Publish check box is selected for the hierarchy.
B) 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
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. While creating a Journal Entry Rule Set, you are not able to use an Account Rule recently created.
Which two options explain that?

A) The Account Rule is using sources assigned to different event classes from that of the associated Journal Entry Rule Set.
B) The Account Rule's chartof accounts have no account values assigned
C) The Account Rule is defined with a different chart of accounts from the Journal Entry Rule Set.
D) The Account Rule's conditions are not defined.

3. You want to specify Intercompany System Options.
Which three factors should you consider?

A) Whether to allow receivers to reject intercompany transactions
B) Automatic or manual batch numbering and the minimum transaction amount
C) Automatic or manual batch numbering and the maximum transaction amount
D) Whether to enforce an enterprise-wide currency or allow in intercompany transactions in local currencies
E) The approvers who will approve intercompany transactions

4. 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 lists user names, suppliers, and customers that have been exported/imported
D) Reports on setup data can be used to compare and analyze how the data might have changed over time.
E) A set of reports are provided for both exported and imported setup data to validate the export/import processes and setup data.

5. Your customer wants to prevent their department managers from viewing the results of other departments where they have no management authority.
What should be implemented for this type of security?

A) Role-Based Access
B) Segment Value Security
C) Cross-Validation Rules
D) Data Access Sets

Solutions: