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Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. 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) Smart View
B) Financial Reporting Center
C) Oracle Transactional Business Intelligence (OTBI)
D) Intelligence Publisher (BI Publish.
E) Oracle Business Intelligence Applications (OBIA)

2. You want to enter budget data in Fusion General Ledger. Which method is not supported?

A) Smart View
B) Entering budget Journals
C) Application Development Framework Desktop Integration (ADFdi)
D) File-based Data Import

3. You are creating financial statements and want to have charts, such as a bar graph, automatically inserted to improve the understanding of the financial results.
What's the most efficient way to achieve this?

A) Use Smart View, which is and Excel Add-on
B) Use Account Inspector that automatically creates graphs on financial balances.
C) When designing your financial statement using Financial Report (FR), embed a chart into your report
D) When viewing the report, download to Excel and use Excel's Charting features to create your bar graph.

4. You are reconciling your subledger balances and you need a report that includes beginning and ending account balances and all transactions that constitute the account's activities.
What type of report will provide this type of information?

A) Aging Reports
B) An Online Transactional Business Intelligence (OTBI) report to create ad hoc queries on transactions and balances
C) Account Analysis Reports
D) Journals Reports

5. 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) Access each subledgers' calendar and General Ledger's Manage Accounting Periods page to view the status of each period.
D) Use Close Monitor in General Accounting Dashboard.

Solutions: