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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) Access each subledgers' calendar and General Ledger's Manage Accounting Periods page to view the status of each period.
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) Run Closing Status reports.
2. 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) Intelligence Publisher (BI Publish.
B) Oracle Business Intelligence Applications (OBIA)
C) Oracle Transactional Business Intelligence (OTBI)
D) Financial Reporting Center
E) Smart View
3. Identify three differences between Oracle Transactional Business Intelligence (OTBI) and Oracle Business Intelligence Applications (OBIA).
A) OBIA works for multiple sources including E-Business Suite, PeopleSoft, JD Edwards, SAP, andFusion Applications.
B) OTBI allows you to create custom reports from real-time transactional data against thedatabase directly
C) OBIA is based on the universal data warehouse design with different prebuilt adapters that canconnect to various source application
D) Both OBIA and OTBI provide a set of predefined reports and dashboards and a library of metrics that help to measure business performance
E) Cloud customers can use both OTBI and OBIA.
4. You want to specify Intercompany System Options.
Which three factors should you consider?
A) The approvers who will approve intercompany transactions
B) Whether to allow receivers to reject intercompany transactions
C) Automatic or manual batch numbering and the maximum transaction amount
D) Automatic or manual batch numbering and the minimum transaction amount
E) Whether to enforce an enterprise-wide currency or allow in intercompany transactions in local currencies
5. Your customer is reconciling their Intercompany Receivables accounts.
Which two reports should they use In addition to using the intercompany Reconciliation report?
A) Receivables to General Ledger Reconciliation report
B) General I edger Trial Balance report
C) Receivables Aging by General Ledger Account report
D) AR Aging report
Solutions:
Question # 1 Answer: D | Question # 2 Answer: C | Question # 3 Answer: A,B,D | Question # 4 Answer: B,C,E | Question # 5 Answer: A |