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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

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

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

2. To set up the intercompany transaction using the Chart of Account rule, you will have to ___________.

A) specify the chart of accounts intercompany payables only
B) specify the chart of account intercompany receivables only
C) specify the chart of account intercompany receivables and intercompany payables accounts
D) specify the Chart of account intercompany receivables accounts, intercompany payables account the source and the category

3. Identify two INVALID features of POV in Financial Reporting Studio.

A) POV book is specific to any report or grid object in report in that book.
B) All POVs allow a single member to be set for a dimension.
C) Multiple grids cannot be Included in a report.
D) A memberselection function with CurrentPOV as the member parameter changes to a User POV when members are selected from a row, column or page axis on a grid.
E) To identify that a dimension is set for grid POV, text row foot note should be added for a gridPOV for a dimension.

4. What are two reasons for using scorecards?

A) an objective and its supporting child objectives
B) Gauges
C) KPIs are represented hierarchically
D) Assessment Mappings
E) Dimension Pinnings

5. Event classes are transaction types used to group____________.

A) Event Types
B) Journal Rule Sets
C) Process Categories
D) Event Models
E) Event Entities

Solutions: