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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

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

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

2. Which three actions can you perform on subledger journal entities?

A) Duplicate
B) Incomplete
C) Reverse
D) Finish
E) Close
F) Complete

3. In Oracle Fusion, you can NOT edit the period after it is set to ____________.

A) Pending Closed
B) Open or Enterable
C) Open
D) Closed

4. Which attribute does NOT need to be considered when creating intercompany transaction?

A) Receivables and Payables Business Units
B) Legal Entity
C) Default Transaction Type
D) Default Organization contact

5. Which three objectives must be considered when designing the chart of accounts?

A) Support the audit and control of financial transactions.
B) Provide less flexibility for management reporting and analysis.
C) Select the segment qualifiers.
D) Effectively manage an organization's financial business.
E) Anticipate growth and maintenance needs because organizational changes occur

Solutions: