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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Changing a Fusion Intercompany system option would______________.

A) impact both new and transactions in progress
B) take effect only on new transactions going forward
C) be effective on transactions in progress
D) take effect on new, existing, and transactions in progress
E) will be retroactive and include historical transactions

2. What are NOT included in the intercompany reconciliation reports?

A) Ledger balancing lines generated when the primary balancing segment value is in balance butneither the second balancing segment northird balancing segment is out of balance; clearing company balancing lines
B) Clearing company balancing lines
C) Intercompany receivables and intercompany lines generated by the intercompany balancing feature
D) Intercompany receivables and Intercompany payables lines generated for the provider and receiver of each intercompany transaction

3. In Oracle Fusion Applications, a calendar can only have ___________.

A) Multiple period types
B) Multiple period frequencies and period types
C) Oneperiod frequency and period type
D) Multiple period frequencies

4. Identify two valid points to be considered when configuring the workspace database connection.

A) Multiple cubes can be defined for each combination of the chart of accounts and the accounting calendar.
B) An ODBC connection is always required.
C) Cubes are created as part of ledger setup.
D) A database connection is needed for each cube.
E) Ledgersetup has to be completed after the database connection is created.

5. Select two text functions that are available only for financial management.

A) ProcessManagementStatus
B) MemberAlias
C) MemberDescription
D) CallText
E) MemberProprty

Solutions: