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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Which three rule types are used to build an account rule?

A) Segment
B) Mapping Set
C) System Transaction Identifiers
D) Account Combination
E) Value Set

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

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

3. Oracle Business Intelligence Enterprise Edition (OBIEE) allows buttons to create, manage, and invoke the task functionality within the application. What framework is used to set them up?

A) Seed Data Framework (SDF)
B) Resource Description Framework (RDF)
C) Application Development Framework (ADF)
D) Action Framework
E) Security Framework

4. 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.

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

Solutions: