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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) General ledger balances are multidimensional, allowing you to perform robust reporting and analysis.
B) You no longer need to create and maintain hierarchies because the Essbase cubes are created when you create your chart of accounts.
C) 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.
D) Posting performance is much faster.
E) Integrating with third-party systems is easier because the Essbase cube provides chart of accounts mapping rules.

2. Your user forgot the password. How do you resolve this?

A) Use Access Policy Manager (APM) to reset the user's password.
B) Create a new user ID and password for the user.
C) Use Oracle Identity Management (OIM) to reset the user's password.
D) Use the Manage Users page to update the user's information and change the password.
E) Log in to the user's machine as an Administrator and change the password from the login pa

3. Alter submitting the journal for approval, you realize that the department value in the journal incorrect. How do you correct the value?

A) Delete the journal and create a new journal.
B) Click the Withdraw Approval button in the Edit Journals page and edit the journal.
C) Update the journal through workflow
D) Reverse the journaland create a new one.

4. Which two methods can your General Ledger accountants use to more easily view large amounts of contained in the tables in their work areas?

A) Export the table to Excel.
B) Detach the table to resize it to the maximum size of the monitor
C) Use the Freeze feature on the tables to scroll through large amounts of data.
D) Run a Business Intelligence Publisher report with Excel as the output format.

5. What's the difference between subject areas that append the word "Real Time" and those that do not?

A) The "Real time" subject areas are based on sub ledger transactions and all others are based on general ledger balances.
B) The "Real Time" subject areas are based on real-time transactions and all others are based on Historical data.
C) There is no difference.
D) The "Real Time" subject areas are based on real-time transactions in Fusion Applications, and all others are based on data stored in the Oracle Business Intelligence Applications data warehouse.

Solutions: