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| Section | Objectives |
|---|---|
| Enterprise Structure and Configuration | - Enterprise Setup
|
| Journal Processing | - Journal Management
|
| Intercompany and Consolidation | - Advanced General Ledger Features
|
| Allocations and Period Close | - Period-End Processing
|
| Financial Reporting and Analysis | - Reporting Capabilities
|
| General Ledger Fundamentals | - General Ledger Overview
|
1. The Accounting Manager requests that a schedule be created to automatically post journals from subledgers at different times.
Which journal attribute should you use to set the automatic posting criteria?
A) Journal Category
B) Journal Description
C) Journal Source
D) Journal Batch
2. You need to define multiple allocation rules as efficiently as possible.
Which three components can be reused across allocation rules?
A) Run Time Prompts (RTP)
B) RuleSets
C) Point of View (POV)
D) Formulas
3. 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 sub ledger transactions and all others are based on general ledger balances.
C) The "Real Time" subject areas are based on real-time transactions and all others are based on Historical data.
D) 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.
4. Identify three functions of Functional Setup Manager.
A) Assign setup tasks to individuals with due dates where users must manually update their completion status.
B) Automatically mark the status of tasks as Completed after they have been completed.
C) Centrally manage the close processes across subledgers and ledgers.
D) Automatically generate lists of setup tasks in the correct sequence with dependencies highlighted.
E) Provide a central place to access and perform all of the setup steps across Fusion application product
5. You want to process multiple allocations at the same time. What feature do you use?
A) General Ledger Journal entries
B) RuleSets
C) Point of View (POV)
D) Formulas
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A,B,D | Question # 3 Answer: C | Question # 4 Answer: C,D,E | Question # 5 Answer: D |
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