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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. When configuring the allocation and periodic entries, which three tasks must be completed before generating the entries?

A) The period is set to Closed, Never Open or Future Enterable.
B) The period is set to Open or Future Enterable
C) The rules or rules sets have been defined, validated and deployed successfully from the Allocation Manager.
D) The period is set to Open, Never Open or Future Enterable.
E) The journal balances for the allocation or periodic rules are entered and posted in the proper period.

2. At which two levels do you need to enable the approval process you start defining it?

A) Category
B) Journal
C) Ledger
D) Source

3. Identify the SmartView Ribbon command that is used to display levels in the Member hierarchy.

A) Zoom in and Zoom out
B) Query
C) Drill Through
D) Cascade

4. Identify the step that is NOT correct about implementing Fusion Accounting Hub to integrate with an external system.

A) Determine the accounting impact of transactions.
B) Capture accounting events.
C) Analyze external system transactions.
D) Enable external system to create Journal entries.

5. Choose the Oracle application that will automatically update the chart of accounts values and Hierarchies across multiple Oracle E-Business Suite and Oracle Fusion instances through a single application.

A) Oracle Fusion General Ledger Suite
B) Oracle Business Intelligence Enterprise Edition
C) Oracle Hyperion Data Relationship Management
D) Oracle Fusion Accounting Hub

Solutions: