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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Which accounting attribute group will capture a customer's accounting invoice and the cash applied to that invoice?

A) Business Flow
B) Distribution identifiers
C) System Transaction identifiers
D) Tax attribute

2. To update the intercompany calendar to use a different general ledger accounting calendar, the intercompany period status for all intercompany transaction types must be____________.

A) Open
B) Never Opened or Closed
C) Either Open or Closed
D) Closed

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

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

4. Which is an example of embedded intelligence in the Fusion General Accounting Dashboard?

A) getting more detail on a balance by clicking the Show More button
B) moving the cursor over projected balances displays the impact a journal will have on accounts
C) running a trial balance report to reconcile books
D) setting notification thresholds in the Account Monitor view

5. You have been given a task to update a calendar by adding a new period to it. What is the quickest way to perform this task?

A) Use the Add Year button.
B) Manually add the periods.
C) The application automatically populates the next period.
D) Run the Other - Calendar Validation Report.

Solutions: