Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:
1. You operate in a country whose unstable currency makes it unsuitable for managing your day-today business. As a consequence, you need to manage your business in a more stable currency while retaining the ability to report in the unstable local currency.
What would be your recommendation when defining ledgers?
A) Define Balance-Level Reporting Currencies in the more stable currency and run Translation as often as you need.
B) Run Revaluation as often as you need to the more stable currency and report on the more stable currency'sbalances.
C) Create a secondary ledger that uses a different chart of accounts that is denominated in the more stable currency.
D) Use Journal-Level or Subledger-Level Reporting Currencies denominated in the more stable currency.
2. You want to define a tree or hierarchy for use in reports and allocations.
What three aspects should you remember when creating the tree?
A) You need to flatten the rows to be able to use drilldown in Smart View and you must publishtree to view the hierarchy in Essbase cubes.
B) You must flatten the columns and publish the tree to view the hierarchy in Essbase cubes.
C) It is fine to have the same child value roll up to two or more different parent values.
D) You only need to flatten the columns if you plan to use the hierarchy in Oracle Transactional Business Intelligence (OTBI).
E) The tree should have at least two tree versions to reduce report and allocation maintenance.
3. You are defining an income statement report. You want to allow viewers of the report to be able to drill down from report balances to the underlying transactions. What do you need to enable?
A) Drill Through in Grid Properties
B) Nothing. All report balances are drillable in all FR Studio reports.
C) Report Functions
D) Allow Expansion
4. Your user forgot the password. How do you resolve this?
A) Log in to the user's machine as an Administrator and change the password from the login pa
B) Use Access Policy Manager (APM) to reset the user's password.
C) Create a new user ID and password for the user.
D) Use the Manage Users page to update the user's information and change the password.
E) Use Oracle Identity Management (OIM) to reset the user's password.
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) Account Analysis Reports
B) An Online Transactional Business Intelligence (OTBI) report to create ad hoc queries on transactions and balances
C) Aging Reports
D) Journals Reports
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B,C,E | Question # 3 Answer: D | Question # 4 Answer: E | Question # 5 Answer: D |
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