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Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. You defined a tree or hierarchy, but you are unable to set its status to Active.
What is the reason?

A) Two tree versions were not defined
B) Chart of accounts was not deployed.
C) An Audit process needs to be successfully performed before a tree version can be set to Active.
D) Accounting Configuration was not submitted-

2. 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) Make sure you run the Retrieve Latest LDAP Changes program to regenerate the data roles.
B) Open Access Policy Manager (APM) and assign the roles manually
C) Open the Manage Users page and make sure the employees at
D) Open the Oracle Identity Management (OIM) and make sure the data roles were created.

3. What's the difference between subject areas that append the word "Real Time" and those that do not?

A) The "Real Time" subject areas are based on real-time transactions and all others are based on Historical data.
B) There is no difference.
C) The "Real time" subject areas are based on sub ledger transactions and all others are based on general ledger balances.
D) The "Real Time" subject areas are based on real-time transactions in Fusion Applications, and all others are based on data stored in the Oracle Business Intelligence Applications data warehouse.

4. 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) Determine the accounting impact of transactions.
B) Analyze external system transactions.
C) Create the accounting in the source system and then import the journal entries into subledger accounting.
D) Capture accounting events.

5. You entered users who are both employees and contingent workers. You want an automated way to assign, reassign, and remove roles from users. What feature do you use?

A) Data Roles
B) You cannot reassign contingent workers.
C) Access Policy Manager's Role Generation
D) Oracle Identity Manager Roles Assignment
E) Role Mappings

Solutions: