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Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. How do you hide accounts with no balances showing #Missing in Smart view?

A) Use Excel functions to hide rows with #Missing assigned
B) Select the Data/Missing check box in the Data Options tab.
C) Choose the Suppress Zeros option under Data options.
D) This indicates a database connection issue. Try to reconnect to Fusion Applications.

2. Which two types of journals can be automatically routed through the journal approval process?

A) Allocation journals
B) Sub ledger journals
C) Manual journals
D) Revaluation journals
E) Journals imported from third-party systems

3. You want to define a tree or hierarchy for use in reports and allocations.
What three aspects should you remember when creating the tree?

A) The tree should have at least two tree versions to reduce report and allocation maintenance.
B) You must flatten the columns and publish the tree to view the hierarchy in Essbase cubes.
C) It is fine to have the same child value roll up to two or more different parent values.
D) You only need to flatten the columns if you plan to use the hierarchy in Oracle Transactional Business Intelligence (OTBI).
E) You need to flatten the rows to be able to use drilldown in Smart View and you must publishtree to view the hierarchy in Essbase cubes.

4. You want to prevent intercompany transactions from being entered during the last day of the close.
What should you do?

A) Freeze the Intercompany Journal source in General Ledger.
B) Close Intercompany periods in Fusion Intercompany.
C) Close the General Ledger period in the Manage Accounting Periods page.
D) Close all subledger periods.

5. On whichthree occasions are Essbase balances updated?

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

Solutions: