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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Identify the SmartView Ribbon command that is used to display levels in the Member hierarchy.

A) Drill Through
B) Cascade
C) Query
D) Zoom in and Zoom out

2. The Profitability Dashboard providers visibility into a company's performance. Which indicator is via the Profitability Dashboard?

A) Budget
B) Return on Equity
C) Pipeline
D) Suppliers
E) Recruitment

3. A user wants to enter a multiple currency journal in the General Ledger. What must the user do to see the conversion rate type, conversion date, and conversion rate columns?

A) At the Journal line level, select a blank value in the currency field.
B) At the Journal line level, accept the default value in the currency field.
C) At the Journal Header level, accept the default value in the currency field.
D) At the Journal Header level, select a blank value in the currency field.

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

5. Select the option that helps in sharing Account Rules across applications.

A) Transaction Objects
B) Same Chart of Accounts
C) Same Value Set validation
D) Reference Objects

Solutions: