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Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. You want to monitor the dose process of all your financial subledgers and ledgers.
How can you quickly obtain this information?

A) Run Closing Status reports.
B) Use the Manage Accounting Periods page to view the status of all subledgers and ledgers.
C) Use Close Monitor in General Accounting Dashboard.
D) Access each subledgers' calendar and General Ledger's Manage Accounting Periods page to view the status of each period.

2. Alter submitting the journal for approval, you realize that the department value in the journal incorrect. How do you correct the value?

A) Reverse the journaland create a new one.
B) Click the Withdraw Approval button in the Edit Journals page and edit the journal.
C) Delete the journal and create a new journal.
D) Update the journal through workflow

3. What Is Oracle Essbase?

A) A robust reporting and analysis tool
B) A data ware house
C) A relational database
D) A multidimensional Online Analytical Processing (OLAP) server that is embedded in Fusion GeneralLedger

4. Journal approval uses Approvals Management Extension (AMX).
Which AMX builder method is most effective in routing the journals to the Accounting Manager when the General Ledger Accountant enters the journal?

A) Position
B) Supervisory level based on HR Supervisors
C) Job level
D) Approval Group

5. What process must be followed to propagate a chart of accounts hierarchy to the Essbase cube?

A) Define the hierarchy, make sure the tree is active, and the Publish check box is selected for the hierarchy.
B) Define the hierarchy, then deploy the chart of accounts. The chart of accounts hierarchies will be generated automatically.
C) Define the hierarchy and make sure the tree is active. The hierarchy will be system generated for
D) Define the hierarchy, make sure the tree version is active, and then run the publish account Hierarchies program or the Publish Chart of Accounts Dimension Members and Hierarchies

Solutions: