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Oracle Financials Cloud: General Ledger 2021 Implementation Essentials Sample Questions:

1. Which feature outside of reporting and analysis leverages the Essbase cube?

A) Calculation manager to perform allocations based on multidimensional balances and budgets
B) Revaluations and translation of revalue and translate currencies stored in the Essbase cube
C) Journal entries and journal approval to create journals that update balances to the cube directly.
D) period closing and opening of ledgers to keep General Ledger Cloud and the Essbase cubes in sync

2. You want to define a tree or hierarchy for use in reports and allocations. What three aspects should you remember when creating the tree

A) You only need to flatten the columns if you plan to use the hierarchy in Oracle Transactional Business Intelligence (OTBI)
B) It is fine to have the same child value roll up to two or more different parent values
C) You must flatten the columns and publish the tree to view the hierarchy in Essbase cubes
D) You need to flatten the rows to be able to use drilldown in Smart View and you must publish tree to view the hierarchy in Essbase cubes
E) The tree should have at least two tree versions to reduce report and allocation maintenance

3. You need to integrate Fusion Accounting Hub with external source systems used for Billing. Identify the step that is not correct when implementing this integration.

A) Analyze external system transactions
B) Create the accounting in the source system and then import the journal entries into subledger accounting
C) Determine the accounting impact of transactions
D) Capture accounting events

4. Which reporting tool is best suited for submitting high-volume transactions reports, such as Invoice Registers or Trial Balance reports, that can be configured to extract the data in Rich Text Format or xml?

A) Financial Reporting Center
B) Business Intelligence Publisher (BI Publisher)
C) Oracle Data Visualization Cloud Service
D) Smart View

5. What type of user must be defined before you can create an Implementation Project?

A) A full-time employee that has the FSM Superuser role assigned
B) None. The Fusion Applications Superuser, FAADMIN, has full access to create an ImplementationProject
C) None The OIM system administrator user ID, XELSYSADM, which is assigned by the person provisioning the system, has full access
D) All roles that will be used throughout the implementationImplementation Users

Solutions: