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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Choose the Oracle application that will automatically update the chart of accounts values and Hierarchies across multiple Oracle E-Business Suite and Oracle Fusion instances through a single application.

A) Oracle Business Intelligence Enterprise Edition
B) Oracle Fusion Accounting Hub
C) Oracle Fusion General Ledger Suite
D) Oracle Hyperion Data Relationship Management

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

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

3. Which three options can you use from the Generate Allocations link to open the Submission page?

A) Print Output
B) Automatically saveitas an Excel file
C) Notification when this process ends
D) E-mail the output
E) Fax the output

4. You have been given a task to update a calendar by adding a new period to it. What is the quickest way to perform this task?

A) Use the Add Year button.
B) Run the Other - Calendar Validation Report.
C) The application automatically populates the next period.
D) Manually add the periods.

5. You have created allocution and periodic journal entry definitions for several monthly entries. You are now ready to generate allocation entries. Which task must be completed before generating the allocation and periodic entries?

A) Define, validate and deploy the rules or rule sets successfully from Allocation Manager.
B) Set the period to Close or Open.
C) Enter and post the journal balances for Mass Allocation in the Close period.
D) Manually set the last day of the submission period as the Accounting Date and Calculation effective Date.

Solutions: