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Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. 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) Make sure you run the Retrieve Latest LDAP Changes program to regenerate the data roles.
D) Open the Oracle Identity Management (OIM) and make sure the data roles were created.

2. Which two statements are true regarding how Intercompany Balancing Rule, are defied?

A) You can define different balancing rules for different combinations of journal sources, journal categories, and transaction types
B) All ledgers engaged in an intercompany transaction must share the same chart: of accounts in order to define balancing rules
C) You can only define balancing rules for different journals' sources. You cannot define balancing rules for different journal categories.
D) You can define different rules for different charts of accounts, ledgers, legal entities, and primary balancing segment value.

3. Identify three differences between Oracle Transactional Business Intelligence (OTBI) and Oracle Business Intelligence Applications (OBIA).

A) OTBI allows you to create custom reports from real-time transactional data against thedatabase directly
B) OBIA is based on the universal data warehouse design with different prebuilt adapters that canconnect to various source application
C) Both OBIA and OTBI provide a set of predefined reports and dashboards and a library of metrics that help to measure business performance
D) OBIA works for multiple sources including E-Business Suite, PeopleSoft, JD Edwards, SAP, andFusion Applications.
E) Cloud customers can use both OTBI and OBIA.

4. You want to process multiple allocations at the same time. What feature do you use?

A) General Ledger Journal entries
B) Point of View (POV)
C) RuleSets
D) Formulas

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

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

Solutions: