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Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. You want to display OTBI reports and graphs in PowerPoint to show general ledger or subledger data.
How do you accomplish this?

A) Use Smart View and Oracle BI EE View Designer to create reports in PowerPoint, Word, and Excel.
B) Use SmartView to create reports and charts using general ledger and subledger subject areas embed the charts/reports into PowerPoint
C) Use Account Inspector and then export to Excel and copy and paste into PowerPoint.
D) Download OTBI reports and charts to a spreadsheet and then copy and paste the spreadsheet to PowerPoint

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

A) You can only define balancing rules for different journals' sources. You cannot define balancing rules for different journal categories.
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 define different balancing rules for different combinations of journal sources, journal categories, and transaction types

3. What Is Oracle Essbase?

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

4. You need to define multiple allocation rules as efficiently as possible.
Which three components can be reused across allocation rules?

A) Point of View (POV)
B) Formulas
C) Run Time Prompts (RTP)
D) RuleSets

5. You are reconciling your Payables the Receivables balances against the General Ledger. You are using the Payables to Ledger Reconciliation report. You notice discrepancies between thebalances in the subledgers, subledger accounting, and general ledger.
Which three factors are responsible for these out-of-balance situations?

A) Subledger transactions have been accounted and transferred to General Ledger but have not been posted.
B) There were manually entered journals against the Payables and Receivables accounts that were posted in General Ledger.
C) Intercompany transactions have not been fully processed.
D) All sub ledger transactions have been entered but do not have complete accounting.
E) Period Close processes,such as Revaluation, Translation, and Consolidation have not beenperformed yet

Solutions: