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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Which three objectives must be considered when designing the chart of accounts?

A) Provide less flexibility for management reporting and analysis.
B) Effectively manage an organization's financial business.
C) Support the audit and control of financial transactions.
D) Select the segment qualifiers.
E) Anticipate growth and maintenance needs because organizational changes occur

2. Which view do you use to set parameters and define the data that is displayed in the SmartView report.

A) SmrtView
B) SmartCube
C) Point of View
D) SmartSlice

3. To set up the intercompany transaction using the Chart of Account rule, you will have to ___________.

A) specify the account of account intercompany receivables only
B) specify the chart of account Intercompany receivables accounts, Intercompany payables accounts, the source and the category
C) specify the chart of account intercompany receivables and intercompany payables accounts
D) specify the chart of accounts intercompany payables only

4. To open a period without going into the Setup and Maintenance work area you can maintain the period statuses of ledger from the ___________ work area.

A) Manage Revaluations
B) General Ledger Journals
C) Process Monitoring
D) Account Monitoring

5. Transaction objects in Fusion Accounting Hub are associated to_____________.

A) Event Classes
B) Event Types
C) Journal Line Types
D) Event Entities

Solutions: