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Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. Which reporting tool is best suited for submitting high-volume transactional reports, such as invoice Registers or Trial Balance reports, that can be configured to extract the data in Rich Text Format or XML?

A) Oracle Transactional Business Intelligence (OTBI)
B) Intelligence Publisher (BI Publish.
C) Smart View
D) Financial Reporting Center
E) Oracle Business Intelligence Applications (OBIA)

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) The tree should have at least two tree versions to reduce report and allocation maintenance.
B) 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.
C) You must flatten the columns and publish the tree to view the hierarchy in Essbase cubes.
D) You only need to flatten the columns if you plan to use the hierarchy in Oracle Transactional Business Intelligence (OTBI).
E) It is fine to have the same child value roll up to two or more different parent values.

3. Your customer has only licensed Fusion Financials and wants to use approval workflows.
Using which page to enter users and assign roles does Oracle consider best practice?

A) Policy Manager (APM)
B) Financials not a stand-alone product
C) Manage Users
D) Oracle Identity Management (OIM)
E) Hire a New Ernployee

4. Invoices received from a source system need to use a specific account based on 30 different expense types. However, if the invoice is from a specific supplier type, it needs to go to a default account regardless of the account type.
What is the solution?

A) Create two journal line rules with a condition of supplier type.
B) Create an Account Rule with two rule elements using one for expense type mapping and the other for the condition of supplier type.
C) Create an Account Rule with three rule elements using one for expense type mapping, one for condition of supplier type, and the other without any conditions.
D) Create an Account Rule with 31 rule elements using one condition for each expense type and another for supplier type.

5. What type of user must be defined before you can create an Implementation Project?

A) A full-time employee that has the FSM Superuser role assigned
B) None. The Fusion Applications Superuser, FAADMIN, has full access to create an Implementation Project.
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) All roles that will be used throughout the implementation

Solutions: