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Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. Your Financial Analyst needs to interactively analyze General Ledger balances with the ability down to originating transactions.
Which three features facilitate this?

A) Smart View
B) Account Inspector
C) Account Monitor
D) Online Transactional Business Intelligence
E) Financial Reports published to Excel

2. Your customer wants to prevent their department managers from viewing the results of other departments where they have no management authority.
What should be implemented for this type of security?

A) Cross-Validation Rules
B) Role-Based Access
C) Segment Value Security
D) Data Access Sets

3. 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

4. You want to automatically post journal batches imported from subledger source to prevent accidental edits of deletions of the subledger sources journals, which could cause an out -ofbalance situation between your sub ledgers and general ledger.
Which two aspects should you consider when defining your AutoPost Criteria?

A) Include all of your sub ledger sources in the AutoPost Criteria. Divide up criteria sets by subledger source only if you need to schedule different posting times.
B) Create your AutoPost criteria using minimal source and categories.
C) Use the Alloption for category and accounting period to reduce maintenance and ensure that all imported journals are included in the posting process.
D) Schedule your AutoPost Criteria set to run during off-peak hours only

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: