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Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

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

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

2. Your customer is reconciling their Intercompany Receivables accounts.
Which two reports should they use In addition to using the intercompany Reconciliation report?

A) General I edger Trial Balance report
B) AR Aging report
C) Receivables to General Ledger Reconciliation report
D) Receivables Aging by General Ledger Account report

3. Which statement is true when creating an Implementation Project for Fusion Financials?

A) You only need to make the project name unique, then you can perform the setup for any product family, such as Financials, Procurement, Human Capital Management and Supply Chain
B) Plan your implementation project carefully because you cannot delete it or make changes later. E) The Implementation Project is preconfigured and cannot be deleted or changed.
C) You must select the Offering "Financials," and each individual product or option to perform the setup for each product in Fusion Financials.
D) Selecting the Offering "Financials," automatically allows you to perform the setup for all Fusion Financial products.

4. Which two are prerequisites for creating subledger accounting entries?

A) Selecting source values from transaction objects
B) Populating supporting reference information in reference objects
C) Completing preaccounting validation
D) Completing accounting transformation definition and activating Subledger Journal Entry Rule Set assignments for the Accounting Method
E) Creating subledger accounting events

5. What Is Oracle Essbase?

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

Solutions: