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Get Specialized! This 40 question assessment is the final step towards becoming an
Oracle Fusion Financial Management PreSales Specialist. Be Recognized! Pass the
test, score 80% or more, and get
your OPN Specialist Certificate! [link to http://competencycenter.oracle.com] Note: To
check the Assessment Objectives, click here and scroll down to Objectives
True
False (*)
(1) Points
(1) Points
True (*)
False
3.
True (*)
False
(1) Points
Demonstration
(Answer all questions in this section)
5. What are the benefits of a Storyboard? (Select 3)
Bottom of Form
Demonstration
(Answer all questions in this section)
6. Why would a company choose to manually
reconcile
Mark for Review
their bank statement instead of using
the
(1) Points
autoreconciliation feature that is available
in Fusion Financials? (select
2)
(Choose all correct answers)
Incorrect, customers
might choose to
manually reconcile their banks
statements if their bank is not able
to provide the required information
in a format that is acceptable to the
autoreconciliation process or it
might be their preference.
Mark
for
Review
(1) Points
Incorrect, Journal
entries can only be
Mark
for
Review
(1) Points
Spreadsheet Interface
incorrect, Fusion
Financials offers users
options when creating journal
entries: manual entry, spreadsheet
interface, journal import.
Demonstration
Incorrect, a Storyboard
may include
format (*)
Non-prescriptive / free
build (*)
agreement (*)
Incorrect, a
value
proposition
and
demonstration, a blueprint, is
free format, and provides a
common
language
for
agreement
System Architecture
(Answer all questions in this section)
(1) Points
budget
Correct, a
to
(1) Points
Data migration
Instance merging (*)
Customization
identification
Data cleansing
Incorrect,
(1) Points
True (*)
False
Incorrect,
Target
Profile
12 months
9 months
6 months (*)
18 months
Incorrect,
product
True (*)
False
Correct,
On
single instance.
(1) Points
True (*)
False
Correct,
in pillars or in a single
instance.
3)
(1) Points
Correct,
Financial
Correct,
Financial
A complete implementation of
Fusion Applications (*)
Correct,
wishing to
Fusion
customers
adopt a
Requirements Elicitation
(Answer all questions in this section)
considered
Correct,
allows
a process of
discovery
you to
(*)
Correct,
may
Fusion Financials
increase productivity through out-of-the-box help customers to
imaging integration, pages that are
configurable and optimized for a more
productive user experience, native
spreadsheet technology that provides a
natural extension of transactional entry to
support highvolume data entry across most
financial functions and data that is
summarized with tree-like capability allowing
users to see data at any level of detail.
Oracle products
Correct,
Hub
(1) Points
True (*)
False
Correct,
reports
Applications
is a
suite
Incorrect,
Fusion
Financials
modular
of
financial
(*)
Correct,
Fusion
Procurement
Human Capital Management
Enterprise Resource Planning
Customer Relationship Management
Correct,
Fusion
Business
Process
Social
Incorrect,
True
False (*)
offering.
Incorrect, Fusion is NOT only available as a "Single Tenant" SaaS
(1) Points
True
False (*)
incorrect,
the Fusion
Solution Overview
(Answer all questions in this section)
Correct,
Fusion
Management (*)
Procurement
Correct,
General
Ledger,
(1) Points
Correct,
for PeopleSoft financials, eBusiness Suite financials
and JD Edwards EnterpriseOne financials.
coexistence options into Fusion Financials are available
Solution Overview
(Answer all questions in this section)
36. Co-Existence with Fusion Applications means
Objection Handling
(Answer all questions in this section)
include (select 3)
with
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applications? (select 3)
(1) Points
Incorrect, Fusion
Financials delivers
integration to PSFT Financials, EBS
Financials & JD Edwards EnterpriseOne Financials, provides for a coexistence
option and can be deployed as either on-premises or SaaS
39. To gain the benefits of the Fusion Accounting Hub, customers must use
True
False (*)
40. Oracle has stated customers must move to Fusion, and they
do it all at
must
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once.
(1) Points
True
False (*)
4Role based
. dashboards
and work
areas are a
fundamental
design
element
within Fusion
applications
insuring that
relevant
information
is always
available to
the
appropriate
end users.
How is this
accomplishe
d?
Relevant information is pushed to the end user based
on their assigned role, thus eliminating the need to search for
information (*)
Dashboards and workspaces are only available onpremise
The end user's manager determines what information
the end user needs to perform their job at the height of
productivity through advanced searches and push technology
Transactions within a range of tolerances is pushed to
all end users. Each end user selects the transactions that they
need to work with.
Advanced search capabilities allow users to populate
dashboards and workareas with in the information that is most
important to them.
Incorrect, relevant information is
pushed to the user based on their
assigned role, thus eliminating the
need to search for information
5. When using Smart View, what additional security set up must
be considered?
Mark for
Review
(1) Points
policies apply ensuring that users can only access data to which
they have been granted access. (*)
Smart View and the Essbase cube are not covered
under the general Fusion Financials security and must be
restricted using menu security.
Only Executives should be granted access to the
information contained within the Essbase cube as per GAAP
practices since the information is sensitive and can effect the
company's stock price if it were to be generally available to the
entire accounting department.
Incorrect, no additional security set up
is required. Smart View connects to the
essbase cube using the same login
credentials as for the applications. With
single-sign-on, the same security
policies apply ensuring that users can
only access data to which they have
been granted access.
6. As
journals
are
posted,
all of the
balance
s for
every
hierarch
y are
_____,
giving
you realtime
access
to _____
balance
s.
balances.
As journals are posted, all of the balances for every
hierarchy are summarized, giving you real-time access to allocated
balances.
Incorrect, as journals are posted, all of the
balances for every hierarchy are
summarized, giving you real-time access to
summarized balances.
7. Once an invoice is scanned, you have the ability to create _____ so
that the image is routed to the appropriate invoice processing
specialist.
Mark for
Review
(1) Points
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Review
(1) Points
True
False (*)
14. With
respect to
Fusion
application
s, what
does
ADFdi
stand for?
21Is it true
. that
research
shows that
worker
productivit
y can
increase
by 50%
when
companies
apply
technolog
y more
precisely,
with
solutions
tailored to
specific
jobs or
roles?
(1) Points
Yes (*)
These types of studies have not yet been conducted
No
Yes, but only with regard to social media
No, the research showed that worker productivity only
improved 10% when companies applied technology tailored to
specific job roles.
Incorrect, Rethinking knowledge worker:
A strategic approach, McKinsey
Quarterly, February 2011, reported that
worker productivity can increase by 50%
Mark for
Review
(1) Points
ROI is not possible with a Cloud solution since the customer does not have
control over their IT budget.
(1) Points
32. If new
Fusion
Applicatio
ns
capabilitie
s are now
being
leveraged
in the
Applicatio
n
Unlimited
products,
why would
a
customer
ever move
to Fusion?
(select all
that
apply)
37What
. innovation
was
introduced
with Oracle
Fusion
Payables
that was
designed
help
improve
productivit
y?
Mark for
Review
(1) Points
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Review
(1) Points
20%
60% (*)
-5%
5%
0%
Yes (*)
No
Yes but only if they all want the same level of
detail
Yes, but transactions created through recurring
journal entries are not included
Incorrect, all of the various
reporting tools in Fusion work
off the same multi-dimensional
balances. This ensures that all
the roles in your company,
regardless of the type of report
they need, will all be on the
same page.
3. The Financial Reporting Center is
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Review
(1) Points
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Review
(1) Points
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Review
(1) Points
True
False (*)
incorrect, the Fusion Unified Data Model is
a NOT direct software port of the EBS and
Siebel data models.
7. Fusion supports Desktop Integration across the following: (select 4)
Mark for
Review
(1) Points
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Review
(1) Points
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Review
(1) Points
Procurement
Human Capital Management
Enterprise Resource Planning
Customer Relationship Management
All answers are correct. All are members of Fusion Application
Suite (v1.0) (*)
Incorrect, Procurement, Governance, Risk
& Compliance, Human Capital
Management, Enterprise Resource
Planning, Customer Relationship
Management and Supply Chain
Management are all products within v1 of
Fusion Applications
10. The Fusion
Accounting Hub
allows
customers to
simultaneously
meet diverse
corporate,
management
and reporting
requirements,
such as
(select 3)
11. Oracles
Cloud
ERP
Services
are_____.
(1) Points
Mark for
Review
(1) Points
Although moving to a Cloud solution increases dependency on an inhouse IT staff; much of the functionality will be familiar to end users, thus greatly
reducing training time.
There is no advantage to E-Business Suite customers.
Moving to a Cloud solution reduces dependency on an in-house IT staff,
however, much of the functionality will be new to end users, thus increasing
training time.
Moving to a Cloud solution reduces dependency on an in-house IT staff
and much of the functionality will be familiar to end users, thus greatly reducing
training time. (*)
Moving to a Cloud solution reduces dependency on a Cloud IT staff and
much of the functionality will be familiar to end users, thus greatly reducing
training time.
16. A solution
overview of
the Fusion
Financial
applications
introduces
what
functionality?
(select 3)
Mark for
Review
(1) Points
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Review
(1) Points
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Review
(1) Points
True
False (*)
Incorrect, existing customers have
choices with respect to Fusion
Applications (coexistence, pillar
integration, cloud and on-premises)
25.The
journal
entry
process
starts
with
creating a
Journal.
What are
the
options
for
creating
journals
within
Fusion
Financials
? (select
3)
(1) Points
37Integration
. between
Fusion
Applications
and
Applications
Unlimited
products for
batch style
interfaces
are
provided
using BPEL.
(1) Points
True
False (*)
Incorrect
38. In the On Demand space (Saas versions), customers can expect
product revisions/updates every.
Mark for
Review
(1) Points
9 months
12 months
18 months
6 months (*)
Incorrect, customers can expect
product revisions/updates
approximately every 6 months.
35Why would a
. company choose
to manually
reconcile their
bank statement
instead of using
the
autoreconciliation
feature that is
available in
Fusion Financials?
(select 2)
2. Extensibility
encompasse
s of the
following,
except:
User Interface
Data Model
Business Process
Integration Adapter (*)
4. Functional
Setup Manager
defines the
scope of what
the Application
Implementatio
n Manager
wants to
implement
using
Implementation projects (*)
Deployment plan
Task lists
Offerings
Configuration package
Incorrect, the Functional Setup
Manager defines the scope of what
the Application Implementation
Manager wants to implement using
implementation projects
5. With respect to Fusion applications, what does ADFdi stand
for?
Mark for
Review
(1) Points
consider
prior to
selecting
Cloud or
onpremises
?
(Choose all correct answers)
If the cost of retraining the end users outweighs the cost of the Cloud license.
If the Cloud environment is secure
If the software in the Cloud environment will be updated timely
If there is a cost saving of a Cloud license versus hiring and maintaining a full
IT staff (*)
If their IT staff is sufficiently prepared to maintain the on-premises
environment in a fashion that will not impact business productivity and growth. (*)
7. Fusion
Financials is
part of
Oracle
Fusion
Applications
(select 3)
15. Embedd
ed
analytics
comes in
various
forms for
a variety
of roles.
Some of
the
benefits
include
_____.
(1) Points
(1) Points
27Oracles
. mobile
framework
is a natural
extension
of what we
used to
build our
Fusion
Application
s. Its a
platform
that is
flexible
enough to
enable
customers
to quickly
exploit
new
mobile
devices
and
features.
What are
some of
the
benefits of
Oracle's
mobile
application
s?
(Choose all correct answers)
It presents relevant analytics and content in a way that is consistent with
your mobile device experience and your business need (*)
Handles multiple channels and enable customers to quickly exploit new
mobile form factors and features. (*)
The mobile applications are similar to the Cloud applications, except it
bypasses all enterprise-level security protocols
Transactions made from a mobile device are stored in separate files within
the Cloud for easy identification.
Transaction made from a mobile device are stored on-premises, not within
the Cloud, for easy identification
Incorrect, Oracle's mobile framework presents relevant
analytics and content in a way that is consistent with your
mobile device experience and your business need and
handles multiple channels and enable customers to quickly
exploit new mobile form factors and features.
Mark for Review
Fusion
28Applicatio
. ns can be
deployed
(1) Points
Only On-Premise
Only in a Private Cloud
Only in a Public Cloud
All answers are correct (*)
Demonstration
(Answer all questions in this section)
29. What is a storyboard? (Select 4)
Mark for
Review
(1) Points
s in the
Essbase
cube.
What
other
desktop
applicatio
ns can be
used to
build
reports
via Smart
View?
(Choose all correct answers)
MicroSoft Word (*)
MicroSoft PowerPoint (*)
MicroSoft Notes
MicroSoft Project
MicroSoft Annotation
commands.
Incorrect, the Web Center Content Upload/Download
tool is a self-contained Java application and can be
integrated with any tool that can call out to OS
commands.
Mark for Review
13. What
should a
storyboa
rd
include?
(Select
4)
(1) Points
employing macros.
Once the data is copied to an Excel spreadsheet, it can be manipulated
using any of the functionality available through Excel, except for spell check.
Incorrect, once the data is copied to an Excel spreadsheet,
it can be manipulated using any of the functionality
available through Excel.
Mark for Review
30. Why is
the
Fusion
Accounti
ng Hub
excluded
from the
Fusion
Financial
s Cloud
offering?
(1) Points
The Fusion Accounting Hub is not part of the Fusion Financials family of
products; it is an E-Business Suite product.
The Fusion Accounting Hub provides very detailed analytics that are specific
to each individual customer and integrates only with Cloud products, and therefore,
is best utilized on-premise.
The Fusion Accounting Hub is only available as part of the Fusion Financials
Cloud offering; it is not available on-premise.
The Fusion Accounting Hub provides very detailed analytics that are specific
to each individual customer and integrates with a number of on-premise products,
and therefore, is best utilized on-premise. (*)
Incorrect, the Fusion Accounting Hub provides very detailed
analytics that are specific to each individual customer and
integrates with a number of on-premise products, and
therefore, is best utilized on-premise.
34Enterpris
. e-grade
is
defined
as_____.
the type of hardware required to support a company with offices around the
globe.
a common platform using the latest standards and service-based
technologies, all enhanced with modern socially-enabled technologies and
applications (*)
the type of software required to support a company with offices around the
globe.
the type of software that is capable of supporting an enterprise.
a number of platforms using legacy technologies, enhanced with MicoSoft
products.
Incorrect, enterprise-grade is defined as a common platform
using the latest standards and service-based technologies, all
enhanced with modern socially-enabled technologies and
applications
Mark for Review
4. How
many
types
of data
are
availabl
e for
entry
through
MicroSo
ft
Excel?
(1) Points
Over 20 (*)
5
0
Less than 10
15