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Updated: Jun 14, 2026
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Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:
1. Your customer is having issues transferring intercompany transactions to General Ledger..
Identify three reasons for this.
A) The intercompany transaction is not approved.
B) The corresponding Payables and Receivablesinvoicehave not been generated.
C) Both the intercompany and general ledger periods are open.
D) The intercompany period is closed.
E) If they are different, then the exchange rate is missing between the intercompany and ledger currency.
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) You must flatten the columns and publish the tree to view the hierarchy in Essbase cubes.
C) You need to flatten the rows to be able to use drilldown in Smart View and you must publishtree to view the hierarchy in Essbase cubes.
D) It is fine to have the same child value roll up to two or more different parent values.
E) The tree should have at least two tree versions to reduce report and allocation maintenance.
3. Which two General Ledger work would you assign to all your entry-level General Ledger accountants?
A) Financial Reporting Center
B) Period Close Work Area
C) Journals Work Area
D) General Accounting Dashboard
4. You want to process multiple allocations at the same time. What feature do you use?
A) RuleSets
B) Point of View (POV)
C) General Ledger Journal entries
D) Formulas
5. You want to be notified of anomalies in certain account balances in real time. What is the rnost efficient way to do this?
A) Perform an account analysis online.
B) Open a Smart View file saved on your desktop.
C) Create an Account Group using Account Monitor.
D) Use Account Inspector.
Solutions:
| Question # 1 Answer: A,B,E | Question # 2 Answer: B,D,E | Question # 3 Answer: C,D | Question # 4 Answer: D | Question # 5 Answer: A |
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