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Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. Which three objectives must be considered when designing the chart of accounts?

A) Limit the number of segments to those you need today to reduce data entry.
B) Try to use all 30 segments and 25 characters per segment because you cannot change It later.
C) Effectively manage an organization's financial business.
D) Consider implementing a single, global chart of accounts
E) Anticipate growth and maintenance needs as organizational changes occur.

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

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

3. Journal approval uses Approvals Management Extension (AMX).
Which AMX builder method is most effective in routing the journals to the Accounting Manager when the General Ledger Accountant enters the journal?

A) Supervisory level based on HR Supervisors
B) Position
C) Job level
D) Approval Group

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

5. 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.

Solutions: