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Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

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

2. Your customer wants to have balance sheets and income statements for their cost center and program segments. That is, they want to have three balancing segments.
Which two recommendations would you give your customer?

A) Additional intercompany rules will need to be defined for the two additional balancing segments.
B) Every journal where debits do not equal credits across the three balancing segments will result in the System generating extra journal lines to balance the entry.
C) Ledger balancing rules will need to be defined to instruct the system on how to generate balancing entries for the second and third balancing segments.
D) When entering journals manually, the customer will need to make sure that the debits and credits are equal across all balancing segments because the system will not automatically balance the journal.

3. Which two delivered ro.es can access the full functionality of Functional Setup Manager,

A) Functional Setup Manager Superuser
B) Any functional user
C) Application Implementation Consultant
D) IT Security Manager
E) Application Implementation Manager

4. What's the difference between subject areas that append the word "Real Time" and those that do not?

A) There is no difference.
B) The "Real Time" subject areas are based on real-time transactions and all others are based on Historical data.
C) The "Real Time" subject areas are based on real-time transactions in Fusion Applications, and all others are based on data stored in the Oracle Business Intelligence Applications data warehouse.
D) The "Real time" subject areas are based on sub ledger transactions and all others are based on general ledger balances.

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

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

Solutions: