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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Oracle Fusion Accounting Hub is integrated with Oracle Hyperion Data Relationship Management Fusion Edition. What are two primary purposes of this functionality?

A) ability to download very large amounts of data
B) accurately reflects the accounting rules
C) a master data management solution for creating and maintaining hierarchies across an enterprise
D) stores the identifier for the transaction in the transaction table
E) ability to maintain charts of accounts values and hierarchies in one central location

2. At which two levels do you need to enable the approval process you start defining it?

A) Source
B) Journal
C) Ledger
D) Category

3. Which two locations display reports and folders that you have been granted access to based on your role, but have NOT created?

A) My folders
B) My Report
C) Analyzer
D) Catalog
E) Shared Folders

4. Which task is NOT allowed when spreading data for time periods in Microsoft Excel?

A) spreading values among children and parents proportionally, based on existing distribution
B) spreading values based on weekly distribution of a quarter, which could be 4-4-5, 5-4-4, or none
C) temporarily locking the values of certain cells while spreading data over time periods
D) spreading the value of a summary time period to its base time periods or to the first parent or first child of the parent time period
E) spreading data in a summary time period that includes members and mixed currency types

5. Identify the two items that the intercompany Reconciliation reports display.

A) intercompany receivables and intercompany payables lines generated by the intercompany balancing feature
B) clearing company balance lines
C) intercompany receivables and intercompany payables lines generated for the provider and receiver of each intercompany transaction
D) ledger balancing lines generated when the primary balancing segment value is in balance, but either the second balancing segment or the third balancing segment is out of balance

Solutions: