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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Which task enables you to define the legal entities that are classified as intercompany organizations?

A) Manage intercompany transactions.
B) Enter intercompany transactions.
C) Edit intercompany transactions.
D) Define intercompany transactions.

2. Where can a multidimensional analysis of accounting balances be performed online?

A) Revenue Influenced by Program
B) Project Analytics
C) Forecast and Actual versus Quota
D) Account Monitor and Account Inspector
E) Requisition Overview

3. 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

4. Which method will reverse accruals in the next accounting period?

A) Create two events, one for accrual and another for the reversal.
B) Create one event and use the GL functionality to perform the reversal.
C) Create one entry and use Accrual Reversal GL Date.
D) Create one event and use the Accounting Reversal attribute.

5. Where do end users modify preferences, such as time zone, delivery devices and delivery profile?

A) My Account dialog box
B) My Scorecards
C) My Reports
D) My Dashboard page
E) My Agents

Solutions: