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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Identify the two steps that must be completed when performing Accounting Configuration

A) Create Reporting Currencies
B) Create Primary Ledgers
C) Create Legal Entities
D) Open First Period

2. A company has three divisions: a U.S. division that covers the U.S. locations, a European division that covers U.K. and France, and a Middle East division that covers Saudi Arabia and U.A.E. All the divisions have their own employees. Choose how many Ledgers and Legal Entities the company Needs.

A) Three Ledger and three Legal Entities
B) One ledger and one Legal Entity
C) One Ledger and three Legal Entities
D) Two ledger and two Legal Entities

3. You have created allocution and periodic journal entry definitions for several monthly entries. You are now ready to generate allocation entries. Which task must be completed before generating the allocation and periodic entries?

A) Enter and post the journal balances for Mass Allocation in the Close period.
B) Define, validate and deploy the rules or rule sets successfully from Allocation Manager.
C) Set the period to Close or Open.
D) Manually set the last day of the submission period as the Accounting Date and Calculation effective Date.

4. There is a performance issue with new account hierarchies. Which setting would you update to improve performance?

A) Row set
B) Parent Child Relationship
C) Column set
D) ADF Business component View Objects

5. Identify the two valid EPM Workspace features that designers incorporate into Books to enable viewers perform tasks.

A) XML, HTML & PDF
B) Email inks
C) Prompt
D) User POV
E) Related Content

Solutions: