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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. The Receivables and Payables accounts that are automatically generated by intercompany transactions use rules and attributes in what order?

A) Chart of Account Rules; Primary Balancing Segment Rules; Ledger Entity Level Rules; Ledger Level Rules
B) Chart of Account Rules; Ledger Entity Level Rules, Primary Balancing Segment Rules; Ledger Level Rules
C) Ledger entity Level Rules; ledger Level Rules; Chart of Account Rules; Primary Balancing Segment Rules
D) Primary Balancing Segment Rules; Ledger Entity Level Rules; Ledger Level Rules;Chart of Account Rules
E) Ledger Level Rules;Primary Balancing Segment Rules;Ledger Entity Level Rules; Chart of Accounts Rules

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

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

3. Which three ledgers can be viewed from the Close Status work region of the General Accounting Dashboard?

A) Currency Ledgers
B) Ledger Set
C) Level ledger update
D) Related ledgers
E) Debit ledgers
F) Single Ledger

4. There is a performance issue with new account hierarchies. Which setting would you update to improve performance?

A) ADF Business component View Objects
B) Row set
C) Parent Child Relationship
D) Column set

5. Transactions may involve multiple currencies that require a common currency to make the reports meaningful. What are the amounts Oracle Business Analytics Warehouse uses to store currency?

A) Currency Symbol, Currency Name
B) Currency Code, Currency Name
C) Report Currency
D) Global Currency (two common currencies), Document Currency,Local Currency

Solutions: