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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. XYZ Company has two departments: Marketing and Finance. The Finance Department has two Functional divisions: receivables and payables. Select the flow for establishing hierarchy.

A) Hierarchy between departments only
B) hierarchy between the organization and its departments and functional divisions only
C) Hierarchy between functional divisions only
D) Hierarchy between the organization and its departments, and between the departments and their respective functional divisions

2. The General Ledger supervisor requested a schedule be created to AutoPost the subledger accounts different times. To accomplish this, the AutoPost criteria need to be set by__________.

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

3. What are NOT included in the intercompany reconciliation reports?

A) Intercompany receivables and intercompany lines generated by the intercompany balancing feature
B) Ledger balancing lines generated when the primary balancing segment value is in balance butneither the second balancing segment northird balancing segment is out of balance; clearing company balancing lines
C) Intercompany receivables and Intercompany payables lines generated for the provider and receiver of each intercompany transaction
D) Clearing company balancing lines

4. Identify the two valid EPM Workspace features that designers incorporate into Books to enable viewers perform tasks.

A) Email inks
B) Prompt
C) Related Content
D) User POV
E) XML, HTML & PDF

5. How can data from a Chart of Accounts instance be viewed in Oracle Business Intelligence?

A) Enable the offerings in the Manage BI Applications dialog box.
B) Data is automatically available in Oracle Business intelligence through the transaction tables and cubes.
C) Select the Business Intelligence check box for the Chart of AccountsInstance.
D) Use the Migrate Oracle Fusion Financials function within the Setup and Maintenance work area.
E) Select the Enable for Implementation check box.

Solutions:

Question # 1 Answer: D

Question # 2 Answer: B

Question # 3 Answer: D

Question # 4 Answer: B,D

Question # 5 Answer: B