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

2. What are the tables or views from which the Create Accounting program takes source data that is used in rules to create journal entries?

A) Event Entities
B) Event Classes
C) Transaction Objects
D) Mapping Sets
E) Accounting attributes

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

4. Your customer has many eliminating entries to eliminate intercompany balances. The General Ledge does not include a purpose-built Consolidation feature.
How would you automate the process of creating eliminating entries, assuming your customer is not using Oracle Hyperion Financial Close Management?

A) There is no way to automate this process if the customer is not using Oracle Hyperion Financial Close Management.
B) Use the General Ledger's Calculation Manager to define an allocation definition to eliminate entries that you can generate every period.
C) Use the spreadsheet template that is accessed from the "Create Journal in Spreadsheet" task and import the spreadsheet with the eliminating entries every period.
D) Create a manual journal that includes the eliminating entries, and then create a copy of the Journal batch every period.

5. Your customer operates three shared services that perform accounting functions across 50 countries.
What feature allows them to share setup data, such as Payment Terms, across Business Units?

A) None. Setup data is partitioned by Business Unit and must be defined separately per Business Unit.
B) Reference Data Sets
C) Business Units functions
D) Data Access Sets

Solutions: