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Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. Which two are prerequisites for creating subledger accounting entries?

A) Completing accounting transformation definition and activating Subledger Journal Entry Rule Set assignments for the Accounting Method
B) Populating supporting reference information in reference objects
C) Creating subledger accounting events
D) Selecting source values from transaction objects
E) Completing preaccounting validation

2. Your customer wants to prevent their department managers from viewing the results of other departments where they have no management authority.
What should be implemented for this type of security?

A) Role-Based Access
B) Data Access Sets
C) Segment Value Security
D) Cross-Validation Rules

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

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

4. You want to automatically post journal batches imported from subledger source to prevent accidental edits of deletions of the subledger sources journals, which could cause an out -ofbalance situation between your sub ledgers and general ledger.
Which two aspects should you consider when defining your AutoPost Criteria?

A) Include all of your sub ledger sources in the AutoPost Criteria. Divide up criteria sets by subledger source only if you need to schedule different posting times.
B) Create your AutoPost criteria using minimal source and categories.
C) Use the Alloption for category and accounting period to reduce maintenance and ensure that all imported journals are included in the posting process.
D) Schedule your AutoPost Criteria set to run during off-peak hours only

5. Your company has complex consolidation requirements with multiple general ledger instances.
You are using Oracle Hyperion Financial Management to consolidate the disparate General Ledgers. You can typically map segments between your general ledger segment to a Hyperion Financial Management segment, such as Company to Entity, Department to Department, and Account to Account.
What happens to segments in your source general ledger, such as Program, that cannot be mapped Hyperion Financial Management?

A) The data is not transferred.
B) Errors occur for unmapped segments. You must map multiple segments from source general ledgers to the target segment in Hyperion Financial Management.
C) The unmapped segments default to future use segments in Hyperion Financial Management
D) Data is summarized across segments that are not mapped to Hyperion Financial Management

Solutions: