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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:
1. Journal Approval has been enabled, however, the journal did NOT submit to the appropriate manager for approval. Which three additional steps must, be performed for the approval process to work?
A) Define approver authorization limits.
B) Enable customization.
C) Set up journal sources to use Journal approval.
D) Set up journal category to use journal approval.
E) Create an approval hierarchy.
2. Identify three tasks that can be performed using the General Accounting Dashboard.
A) Receive instant visibility of transaction statuses.
B) Pay invoices to a contractor.
C) Configure user responsibilities.
D) Pay invoices to a supplier.
E) Take immediate action and drill down to uncover more detailed information.
F) Get a high level view of the state of a department.
3. Which accounting attribute group will capture a customer's accounting invoice and the cash applied to that invoice?
A) Business Flow
B) System Transaction identifiers
C) Tax attribute
D) Distribution identifiers
4. Which three actions can you perform on subledger journal entities?
A) Incomplete
B) Finish
C) Reverse
D) Duplicate
E) Complete
F) Close
5. The life cycle of a transaction's accounting impact is modeled by using__________.
A) Journal Categories
B) Process Categories
C) Event Entities
D) Journal Sources
E) Event Classes and Types
Solutions:
Question # 1 Answer: C,D,E | Question # 2 Answer: A,E,F | Question # 3 Answer: B | Question # 4 Answer: C,E,F | Question # 5 Answer: E |