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Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. What are the two benefits of having the Essbase cube embedded in Fusion General Ledger?

A) You no longer need to create and maintain hierarchies because the Essbase cubes are created when you create your chart of accounts.
B) Integrating with third-party systems is easier because the Essbase cube provides chart of accounts mapping rules.
C) General ledger balances are multidimensional, allowing you to perform robust reporting and analysis.
D) You can access real-time results for reporting and analysis because every time a transaction is posted in General Ledger, multidimensional balances are also updated simultaneously.
E) Posting performance is much faster.

2. You are defining an income statement report. You want to allow viewers of the report to be able to drill down from report balances to the underlying transactions. What do you need to enable?

A) Report Functions
B) Drill Through in Grid Properties
C) Allow Expansion
D) Nothing. All report balances are drillable in all FR Studio reports.

3. Which two General Ledger work would you assign to all your entry-level General Ledger accountants?

A) Journals Work Area
B) General Accounting Dashboard
C) Financial Reporting Center
D) Period Close Work Area

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

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

Solutions: