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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Event classes are transaction types used to group____________.

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

2. Select the appropriate financial Reporting Center functionality that helps users to view, input, manipulate, distribute and share data from the General Ledger balances to Microsoft Excel.

A) Smart View
B) Financial Reporting Workspace
C) Financial Reporting Studio
D) Account Monitor and Account Inspector

3. A customer is trying to build dynamic reports in Fusion Financial Reporting. What are two recommendations?

A) Use Function on expanded data segments that are NOT placed on separate rows or columns.
B) Use cell formulas to write efficient formulas rather than row or column formulas.
C) Use multiple data segments for formatting or calculating.
D) Create reusable objects and row and column templates.

4. A company has different methods of inventory valuation. What would be the best way of capturing this in the Fusion Accounting Hub?

A) Journal Line Types
B) Secondary Valuation method
C) Account Derivation Rules
D) Adjustments in the General Ledger

5. Which report indicates if the accounting entries have been transferred to the Oracle Ledger when submitting the Create Accounting process?

A) Create Accounting execution Report
B) Journals - (132 Char)
C) Trial Balance - Detail
D) Create Accounting Report

Solutions: