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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Identify the option that needs to be selected at the header level when assigning a header level subledger Journal Rule Set.

A) Description
B) Currency
C) Ledger
D) Accounting Date
E) Supporting Reference

2. When an external system sends an invoice to Fusion Accounts Payable, the life cycle of the transaction is invoice Created, Invoice Adjusted, Invoice Deleted or Invoice Canceled. This cycle can be modeled using______________.

A) Event Types
B) Event entities
C) Event model
D) Journal Rules
E) Event Categories

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

4. During implementation, the consultant designated the cost center segment qualifier as the natural account segment qualifier. Select the process that enables you to change the qualifier back.

A) Run the Move/Merge program.
B) Change and save the segment qualifier.
C) Run the Inheritance program after the change.
D) Createa new Chart of Accounts.

5. A database connection can be changed when moving from a development environment server to a production environment server. Identify the reason for the error message "1012: Report contains an Invalid grid. The following dimensions could not be found: Measures."

A) Dimensions existed in the old database connection, but NOT in the new database connection
B) Dimensions do NOT match a specific report in the book
C) Opening or running the reports or books for an INVALID database connection
D) Dimensions in the changed database connections do NOT match the previous dimensions

Solutions:

Question # 1 Answer: D

Question # 2 Answer: A

Question # 3 Answer: B,C,E

Question # 4 Answer: B

Question # 5 Answer: A