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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Changing a Fusion Intercompany system option would______________.

A) take effect on new, existing, and transactions in progress
B) take effect only on new transactions going forward
C) will be retroactive and include historical transactions
D) be effective on transactions in progress
E) impact both new and transactions in progress

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

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

3. Identify the business intelligence component that enables you to explore and interact with information by visually presenting data in tables, graphs, and pivot tables.

A) Analysis Editor
B) Oracle Business Intelligence Applications
C) Oracle Business Intelligence- Enterprise Edition
D) BI Composer
E) Oracle Transaction Business intelligence

4. A customer is trying to build dynamic reports in Fusion Financial Reporting. What are two recommendations?

A) Create reusable objects and row and column templates.
B) Use multiple data segments for formatting or calculating.
C) Use Function on expanded data segments that are NOT placed on separate rows or columns.
D) Use cell formulas to write efficient formulas rather than row or column formulas.

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

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

Solutions: