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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. In Oracle Fusion Applications, a calendar can only have ___________.

A) Multiple period types
B) Oneperiod frequency and period type
C) Multiple period frequencies
D) Multiple period frequencies and period types

2. A client is implementing Fusion Accounting Hub for their external receivable system. The external system sends invoices billed and cash receipts in a flat file along with the customer classification Information. The client wants the accounting amounts to be tracked by customer classification, but NOT necessarily in a Chart of Accounts segment. How can this be solved?

A) Use supporting references to capture customer classification.
B) Capture it as a source and develop custom report.
C) Change the Chart of Accounts structure to include customer classification; there is no other option.
D) Use the Third Party control account feature.
E) Use Open account balances listing.

3. 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

4. Which report indicates if the accounting entries have been transferred to the Oracle Ledger when submitting the Create Accounting process?

A) Create Accounting execution Report
B) Journals - (132 Char)
C) Trial Balance - Detail
D) Create Accounting Report

5. Fusion Accounting Hub includes Hyperion Data Management, which can be used for_______________.

A) Chart of Accounts Master Data maintenance
B) the maintenance of Trading Community Data
C) data modeling
D) data access and security
E) Chart of Accounts Hierarchy maintenance

Solutions: