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1. Which statement is true when creating an Implementation Project for Fusion Financials?
A) You only need to make the project name unique, then you can perform the setup for any product family, such as Financials, Procurement, Human Capital Management and Supply Chain
B) You must select the Offering "Financials," and each individual product or option to perform the setup for each product in Fusion Financials.
C) Selecting the Offering "Financials," automatically allows you to perform the setup for all Fusion Financial products.
D) Plan your implementation project carefully because you cannot delete it or make changes later. E) The Implementation Project is preconfigured and cannot be deleted or changed.
2. You are creating financial statements and want to have charts, such as a bar graph, automatically inserted to improve the understanding of the financial results.
What's the most efficient way to achieve this?
A) When designing your financial statement using Financial Report (FR), embed a chart into your report
B) Use Smart View, which is and Excel Add-on
C) Use Account Inspector that automatically creates graphs on financial balances.
D) When viewing the report, download to Excel and use Excel's Charting features to create your bar graph.
3. Your customer wants to create fully balanced balance sheets for the Company, Line of Business, and product segments for both financial and management reporting.
What is Oracle's suggested best practice for doing this?
A) Create two segments where the first segment represents the concatenation of Company and Line of Business, and then enable secondary tracking for the Product Segment.
B) Use account hierarchies to create different hierarchies for different purposes and use those hierarchies for reporting.
C) Create three segments and qualify them as the primary balancing segment, second, and third balancing segments, respectively.
D) Create a segment that acts as the primary balancing segment and create values that represent a concatenation of all three business dimensions.
4. What process must be followed to propagate a chart of accounts hierarchy to the Essbase cube?
A) Define the hierarchy, then deploy the chart of accounts. The chart of accounts hierarchies will be generated automatically.
B) Define the hierarchy and make sure the tree is active. The hierarchy will be system generated for
C) Define the hierarchy, make sure the tree version is active, and then run the publish account Hierarchies program or the Publish Chart of Accounts Dimension Members and Hierarchies
D) Define the hierarchy, make sure the tree is active, and the Publish check box is selected for the hierarchy.
5. Identify three functions of Functional Setup Manager.
A) Provide a central place to access and perform all of the setup steps across Fusion application product
B) Automatically generate lists of setup tasks in the correct sequence with dependencies highlighted.
C) Automatically mark the status of tasks as Completed after they have been completed.
D) Centrally manage the close processes across subledgers and ledgers.
E) Assign setup tasks to individuals with due dates where users must manually update their completion status.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: A,B,D |
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