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Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:
1. Your customer is having issues transferring intercompany transactions to General Ledger..
Identify three reasons for this.
A) The intercompany period is closed.
B) Both the intercompany and general ledger periods are open.
C) The corresponding Payables and Receivablesinvoicehave not been generated.
D) If they are different, then the exchange rate is missing between the intercompany and ledger currency.
E) The intercompany transaction is not approved.
2. What are the tables or views from which the Create Accounting program takes source data that is used in rules to create journal entries?
A) Event Entities
B) Transaction Objects
C) Event Classes
D) Accounting attributes
E) Mapping Sets
3. Which two delivered ro.es can access the full functionality of Functional Setup Manager,
A) IT Security Manager
B) Any functional user
C) Application Implementation Consultant
D) Functional Setup Manager Superuser
E) Application Implementation Manager
4. Your customer is closing their period and they are using Fusion Intercompany to create physical invoices in Fusion Payables and Receivables.
What is the correct order of steps to close Fusion sub ledgers, Fusion Intercompany, and Fusion General Ledger?
A) Close Fusion Payables and Receivables periods, close Fusion General Ledger, and then close the related intercompany period
B) You only need to close Fusion Payables and Receivables periods followed by the Fusion GeneralLedger's period.
C) Close Fusion Payables and Receivables periods, close the related intercompany period, and then close the Fusion General Ledger's period.
D) Close the related intercompany period, close Fusion Payables and Receivables periods, and then Fusion General Ledger.
5. You want to enter budget data in Fusion General Ledger. Which method is not supported?
A) Entering budget Journals
B) Application Development Framework Desktop Integration (ADFdi)
C) Smart View
D) File-based Data Import
Solutions:
| Question # 1 Answer: C,D,E | Question # 2 Answer: B | Question # 3 Answer: C,E | Question # 4 Answer: D | Question # 5 Answer: A |





