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

2. What type of user must be defined before you can create an Implementation Project?

A) A full-time employee that has the FSM Superuser role assigned
B) All roles that will be used throughout the implementation
C) Implementation Users
D) None. The Fusion Applications Superuser, FAADMIN, has full access to create an Implementation Project.
E) None. The OIM system administrator user ID, XELSYSADM, which is assigned by the person provisioning the system, has full access.

3. You want to process multiple allocations at the same time. What feature do you use?

A) General Ledger Journal entries
B) RuleSets
C) Point of View (POV)
D) Formulas

4. Your customer is expanding its operations. You defined a new ledger and several business units. However, you are unable to assign the newly generated data roles to existing Accounts Payables and Accounts Receivables users in the shared service center.
What should you do to correct the problem?

A) Open the Manage Users page and make sure the employees at
B) Open Access Policy Manager (APM) and assign the roles manually
C) Open the Oracle Identity Management (OIM) and make sure the data roles were created.
D) Make sure you run the Retrieve Latest LDAP Changes program to regenerate the data roles.

5. When working with Essbase, versions of the tree hierarchy as defined in the Fusion not available in the Essbase balances cube.
What should you do to correct this situation?

A) Make sure the tree version was published successfully.
B) Redeploy the chart of accounts.
C) Make sure to flatten the rows of the tree version.
D) Make sure the tree is active.

Solutions: