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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. When you use allocations, revaluation, or translation to define and maintain your period close component, which three tasks should you perform under the Define Period Close Components parent task in your implementation project?

A) Manage General Accounting Dashboard.
B) Manage intercompany Settlements.
C) Manage Historical Rates.
D) Manage Allocations and Period Entries.
E) Manage Revaluations.

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

3. Choose four applications for which SmartView provides a common Microsoft Office interface.

A) Oracle E-Business Suite Release 11g
B) Oracle Essbase
C) Oracle Hyperion Planning, Fusion Edition
D) Oracle Hyperion Financial Management, Fusion Edition
E) Oracle Enterprise Performance Management Workspace, Fusion Edition
F) Oracle Business Intelligence Enterprise Edition

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

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

5. Which two locations display reports and folders that you have been granted access to based on your role, but have NOT created?

A) Shared Folders
B) Analyzer
C) My folders
D) Catalog
E) My Report

Solutions: