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Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:
1. You already ran Translation, but a last-minute adjusting journal entry in your ledger currency was entered after you consolidated your results.
What does Oracle consider best practice when this occurs?
A) Rerun Translation and then reconsolidate your result
B) Enter another adjusting journal entry in the currency to true up the balances.
C) Translate only the adjusting journal entry.
D) Rerun Revaluation and then rerun Translation
2. What type of user must be defined before you can create an Implementation Project?
A) All roles that will be used throughout the implementation
B) A full-time employee that has the FSM Superuser role assigned
C) Implementation Users
D) None. The OIM system administrator user ID, XELSYSADM, which is assigned by the person provisioning the system, has full access.
E) None. The Fusion Applications Superuser, FAADMIN, has full access to create an Implementation Project.
3. Which two General Ledger work would you assign to all your entry-level General Ledger accountants?
A) General Accounting Dashboard
B) Financial Reporting Center
C) Journals Work Area
D) Period Close Work Area
4. What process must be followed to propagate a chart of accounts hierarchy to the Essbase cube?
A) Define the hierarchy, make sure the tree version is active, and then run the publish account Hierarchies program or the Publish Chart of Accounts Dimension Members and Hierarchies
B) Define the hierarchy, then deploy the chart of accounts. The chart of accounts hierarchies will be generated automatically.
C) Define the hierarchy, make sure the tree is active, and the Publish check box is selected for the hierarchy.
D) Define the hierarchy and make sure the tree is active. The hierarchy will be system generated for
5. Your customer wants to prevent their department managers from viewing the results of other departments where they have no management authority.
What should be implemented for this type of security?
A) Segment Value Security
B) Data Access Sets
C) Role-Based Access
D) Cross-Validation Rules
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A | Question # 3 Answer: A,C | Question # 4 Answer: A | Question # 5 Answer: A |
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