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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. The Receivables and Payables accounts that are automatically generated by intercompany transactions use rules and attributes in what order?

A) Ledger entity Level Rules; ledger Level Rules; Chart of Account Rules; Primary Balancing Segment Rules
B) Chart of Account Rules; Ledger Entity Level Rules, Primary Balancing Segment Rules; Ledger Level Rules
C) Ledger Level Rules;Primary Balancing Segment Rules;Ledger Entity Level Rules; Chart of Accounts Rules
D) Primary Balancing Segment Rules; Ledger Entity Level Rules; Ledger Level Rules;Chart of Account Rules
E) Chart of Account Rules; Primary Balancing Segment Rules; Ledger Entity Level Rules; Ledger Level Rules

2. A client is implementing Fusion Accounting Hub for their external receivable system. The external system sends invoices billed and cash receipts in a flat file along with the customer classification Information. The client wants the accounting amounts to be tracked by customer classification, but NOT necessarily in a Chart of Accounts segment. How can this be solved?

A) Change the Chart of Accounts structure to include customer classification; there is no other option.
B) Use Open account balances listing.
C) Capture it as a source and develop custom report.
D) Use the Third Party control account feature.
E) Use supporting references to capture customer classification.

3. When an external system sends an invoice to Fusion Accounts Payable, the life cycle of the transaction is invoice Created, Invoice Adjusted, Invoice Deleted or Invoice Canceled. This cycle can be modeled using______________.

A) Journal Rules
B) Event Types
C) Event model
D) Event Categories
E) Event entities

4. Oracle Business Intelligence Enterprise Edition available through iPhone and iPad devices. Which three BI EE object content are visible through a mobile device?

A) Tables, excluding drilling
B) Action
C) Analysis, including analytic actions
D) Briefing book, limited to alerts visible in the Alerts list
E) Scorecard, including analytic actions

5. Which keyboard shortcut is used to navigate to Focus Annotations Area Control?

A) Ctrl + G
B) Ctrl+ L
C) Ctrl + Y
D) Ctrl + B
E) Ctrl + F

Solutions: