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Updated: Jul 23, 2026
Q & A: 127 Questions and Answers
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| Section | Weight | Objectives |
|---|---|---|
| Journal Entries and Processing | 20% | - Reversing, correcting, and reviewing journals - Approval workflows and rules - Allocation and periodic entries - Creating, importing, and posting journals |
| Chart of Accounts Configuration | 20% | - Account combinations and security rules - Value sets, segments, and hierarchies - Cross-validation and segment validation rules - Designing and defining chart of accounts structure |
| Integration and Security | 8% | - Accounting Hub and third-party integration - Data access and security policies - Integration with Subledger Accounting |
| Overview of Oracle Fusion Financials and General Ledger | 10% | - General Ledger role within the financial ecosystem - Fusion Financials architecture and deployment options - Key features and benefits of Fusion General Ledger |
| Period Close and Reconciliation | 15% | - Trial balance and period-end adjustments - Period close process and monitor - Opening and closing accounting periods - Reconciliation with subledgers |
| Multi-Currency and Intercompany Accounting | 15% | - Foreign currency transactions and revaluation - Translation and consolidation processes - Currency configuration and daily rates - Intercompany transactions and reconciliation |
| Financial Reporting and Inquiry | 12% | - Reporting tools and integration options - Financial Reporting Center and OTBI - Account Monitor and Account Inspector - Balances and transaction inquiry |
1. Identify the valid data source where key Figure Manager is used for Financial Reporting.
A) EssBase
B) MSOLAP
C) Planning
D) Financial Management
E) SAP BW
2. An invoice with two lines is entered, later that day an adjustment is made to the invoice to add another line. At the end of the day, the invoice is sent to the Fusion Accounting Hub. How many events would you create?
A) Fourevents: one for invoice creation, one each for the two lines arid one for the adjustment
B) Oneeventforinvoice creation; adjustment happened before transaction sent to the Fusion Accounting Hub
C) Twoevents: one for invoice creation and one for the adjustment
D) Threeevents: one for invoice creation and two for line creation
3. Select the key performance indicator (KPI) that provides a trend of the cost of an item as part of Gross Margin Analysis
A) Value Trends KPI
B) Gross Margins KPI
C) Inventory Value KPI
D) Item Cost KPI
4. Select the appropriate financial Reporting Center functionality that helps users to view, input, manipulate, distribute and share data from the General Ledger balances to Microsoft Excel.
A) Account Monitor and Account Inspector
B) Financial Reporting Workspace
C) Financial Reporting Studio
D) Smart View
5. Transaction objects in Fusion Accounting Hub are associated to_____________.
A) Journal Line Types
B) Event Entities
C) Event Types
D) Event Classes
Solutions:
| Question # 1 Answer: E | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: D | Question # 5 Answer: D |
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