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Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. Identify three differences between Oracle Transactional Business Intelligence (OTBI) and Oracle Business Intelligence Applications (OBIA).

A) OBIA is based on the universal data warehouse design with different prebuilt adapters that canconnect to various source application
B) Both OBIA and OTBI provide a set of predefined reports and dashboards and a library of metrics that help to measure business performance
C) Cloud customers can use both OTBI and OBIA.
D) OBIA works for multiple sources including E-Business Suite, PeopleSoft, JD Edwards, SAP, andFusion Applications.
E) OTBI allows you to create custom reports from real-time transactional data against thedatabase directly

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

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

3. After loading your budget data into Fusion Genera. Ledger, you can view budget balances using these feature.
Which feature does not belong on the list?

A) Account Inspector
B) Account Monitor
C) Application Development Framework Desktop Integration(ADFdi)
D) Smart View

4. Your company has complex consolidation requirements with multiple general ledger instances.
You are using Oracle Hyperion Financial Management to consolidate the disparate General Ledgers. You can typically map segments between your general ledger segment to a Hyperion Financial Management segment, such as Company to Entity, Department to Department, and Account to Account.
What happens to segments in your source general ledger, such as Program, that cannot be mapped Hyperion Financial Management?

A) The unmapped segments default to future use segments in Hyperion Financial Management
B) The data is not transferred.
C) Data is summarized across segments that are not mapped to Hyperion Financial Management
D) Errors occur for unmapped segments. You must map multiple segments from source general ledgers to the target segment in Hyperion Financial Management.

5. 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) Update the journal through workflow
C) Delete the journal and create a new journal.
D) Click the Withdraw Approval button in the Edit Journals page and edit the journal.

Solutions: