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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. The General Ledger supervisor requested a schedule be created to AutoPost the subledger accounts different times. To accomplish this, the AutoPost criteria need to be set by__________.

A) Batch
B) Journal
C) Category
D) Source

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

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

3. Event classes are transaction types used to group____________.

A) Event Entities
B) Journal Rule Sets
C) Event Types
D) Event Models
E) Process Categories

4. Which three ledgers can be viewed from the Close Status work region of the General Accounting Dashboard?

A) Ledger Set
B) Single Ledger
C) Level ledger update
D) Related ledgers
E) Debit ledgers
F) Currency Ledgers

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

Solutions: