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Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:
1. You need to integrate Fusion Accounting Hub with external source systems used for Billing.
Identity the step that is not correct when implementing this integration.
A) Create the accounting in the source system and then import the journal entries into subledger accounting.
B) Determine the accounting impact of transactions.
C) Capture accounting events.
D) Analyze external system transactions.
2. You are required to enter a high volume of users into the system. What does Oracle consider best practice to do this?
A) Use the "Enter a Supplier" user interface to enter each user manually.
B) Use the spreadsheet templates available in Oracle Enterprise Repository (OER) and then import users into Fusion Applications.
C) Use SQL to populate the HR interface tables and load employees in bulk.
D) Use the spreadsheet available in Oracle Identity Manager (OIM) to import users.
E) Use the "Hire an Employee" user interfaceto inter each user manually.
3. 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 Access Policy Manager (APM) and assign the roles manually
B) Open the Manage Users page and make sure the employees at
C) Open the Oracle Identity Management (OIM) and make sure the data roles were created.
D) Make sure you run the Retrieve Latest LDAP Changes program to regenerate the data roles.
4. Your Financial Analyst needs to interactively analyze General Ledger balances with the ability down to originating transactions.
Which three features facilitate this?
A) Account Monitor
B) Smart View
C) Online Transactional Business Intelligence
D) Account Inspector
E) Financial Reports published to Excel
5. 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) You can define different rules for different charts of accounts, ledgers, legal entities, and primary balancing segment value.
C) All ledgers engaged in an intercompany transaction must share the same chart: of accounts in order to define balancing rules
D) You can only define balancing rules for different journals' sources. You cannot define balancing rules for different journal categories.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: D | Question # 3 Answer: A | Question # 4 Answer: E | Question # 5 Answer: C |






