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Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. What Is Oracle Essbase?

A) A relational database
B) A multidimensional Online Analytical Processing (OLAP) server that is embedded in Fusion GeneralLedger
C) A robust reporting and analysis tool
D) A data ware house

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

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

3. Your customer is reconciling their Intercompany Receivables accounts.
Which two reports should they use In addition to using the intercompany Reconciliation report?

A) Receivables to General Ledger Reconciliation report
B) AR Aging report
C) General I edger Trial Balance report
D) Receivables Aging by General Ledger Account report

4. 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) Average balances are maintained for both actual and budget balances.
C) Average balances are stored in the Essbase cube.
D) Average balances are stored for both subledger balances and general ledger balances.
E) 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.

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) Access each subledgers' calendar and General Ledger's Manage Accounting Periods page to view the status of each period.
C) Use Close Monitor in General Accounting Dashboard.
D) Use the Manage Accounting Periods page to view the status of all subledgers and ledgers.

Solutions: