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Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. Your user forgot the password. How do you resolve this?

A) Use Access Policy Manager (APM) to reset the user's password.
B) Use Oracle Identity Management (OIM) to reset the user's password.
C) Log in to the user's machine as an Administrator and change the password from the login pa
D) Use the Manage Users page to update the user's information and change the password.
E) Create a new user ID and password for the user.

2. Which two statements are true regarding the export/import of reports?

A) Reports on setup data can be used to compare and analyze how the data might have changed over time.
B) To view errors encountered during the export or import Process, you must use SQL queries to obtain that data because no reports exist.
C) The export/import reports are available only for Fusion Customer Relationship Management.
D) A set of reports lists user names, suppliers, and customers that have been exported/imported
E) A set of reports are provided for both exported and imported setup data to validate the export/import processes and setup data.

3. You already ran Translation, but a last-minute adjusting journal entry in your ledger currency was entered after you consolidated your results.
What does Oracle consider best practice when this occurs?

A) Rerun Translation and then reconsolidate your result
B) Rerun Revaluation and then rerun Translation
C) Translate only the adjusting journal entry.
D) Enter another adjusting journal entry in the currency to true up the balances.

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

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

5. You need to define multiple allocation rules as efficiently as possible.
Which three components can be reused across allocation rules?

A) Formulas
B) Point of View (POV)
C) Run Time Prompts (RTP)
D) RuleSets

Solutions: