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Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. You want to process multiple allocations at the same time. What feature do you use?

A) Formulas
B) General Ledger Journal entries
C) Point of View (POV)
D) RuleSets

2. Which two methods can your General Ledger accountants use to more easily view large amounts of contained in the tables in their work areas?

A) Export the table to Excel.
B) Detach the table to resize it to the maximum size of the monitor
C) Run a Business Intelligence Publisher report with Excel as the output format.
D) Use the Freeze feature on the tables to scroll through large amounts of data.

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

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

4. On whichthree occasions are Essbase balances updated?

A) Every time the tree version is published
B) Every time you open a new period
C) At report run-time
D) Every time you run the batch program called "Update Essbase Balances"
E) Every time journals are posted to the general ledger

5. You customer is a financial Institution that needs to maintain overage daily balances (ADB).
Which two statements are true regarding this functionality in Fusion Applications?

A) When using ADB, you must define a daily calendar and assign it to your ADB ledger.
B) ADB provides organizations with the ability to track average and end-of-day balances, reportaverage balance sheets, and create custom reports using both actual and average balances.
C) Average balances are maintained for both actual and budget balances.
D) Average balances are stored for both subledger balances and general ledger balances.
E) Average balances are stored in the Essbase cube.

Solutions: