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Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. Your customer is having issues transferring intercompany transactions to General Ledger..
Identify three reasons for this.

A) If they are different, then the exchange rate is missing between the intercompany and ledger currency.
B) The corresponding Payables and Receivablesinvoicehave not been generated.
C) The intercompany transaction is not approved.
D) Both the intercompany and general ledger periods are open.
E) The intercompany period is closed.


2. After loading your budget data into Fusion Genera. Ledger, you can view budget balances using these feature.
Which feature does not belong on the list?

A) Smart View
B) Application Development Framework Desktop Integration(ADFdi)
C) Account Monitor
D) Account Inspector


3. How do you hide accounts with no balances showing #Missing in Smart view?

A) This indicates a database connection issue. Try to reconnect to Fusion Applications.
B) Choose the Suppress Zeros option under Data options.
C) Select the Data/Missing check box in the Data Options tab.
D) Use Excel functions to hide rows with #Missing assigned


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


5. You are reconciling your subledger balances and you need a report that includes beginning and ending account balances and all transactions that constitute the account's activities.
What type of report will provide this type of information?

A) An Online Transactional Business Intelligence (OTBI) report to create ad hoc queries on transactions and balances
B) Journals Reports
C) Account Analysis Reports
D) Aging Reports


Solutions:

Question # 1
Answer: A,B,C
Question # 2
Answer: D
Question # 3
Answer: C
Question # 4
Answer: A
Question # 5
Answer: B

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