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Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. You want to prevent intercompany transactions from being entered during the last day of the close.
What should you do?

A) Close all subledger periods.
B) Freeze the Intercompany Journal source in General Ledger.
C) Close the General Ledger period in the Manage Accounting Periods page.
D) Close Intercompany periods in Fusion Intercompany.

2. What Is Oracle Essbase?

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

3. Identify three functions of Functional Setup Manager.

A) Automatically mark the status of tasks as Completed after they have been completed.
B) Centrally manage the close processes across subledgers and ledgers.
C) Provide a central place to access and perform all of the setup steps across Fusion application product
D) Assign setup tasks to individuals with due dates where users must manually update their completion status.
E) Automatically generate lists of setup tasks in the correct sequence with dependencies highlighted.

4. You want to enter budget data in Fusion General Ledger. Which method is not supported?

A) File-based Data Import
B) Application Development Framework Desktop Integration (ADFdi)
C) Entering budget Journals
D) Smart View

5. Identify three differences between Oracle Transactional Business Intelligence (OTBI) and Oracle Business Intelligence Applications (OBIA).

A) OTBI allows you to create custom reports from real-time transactional data against thedatabase directly
B) Both OBIA and OTBI provide a set of predefined reports and dashboards and a library of metrics that help to measure business performance
C) OBIA is based on the universal data warehouse design with different prebuilt adapters that canconnect to various source application
D) Cloud customers can use both OTBI and OBIA.
E) OBIA works for multiple sources including E-Business Suite, PeopleSoft, JD Edwards, SAP, andFusion Applications.

Solutions: