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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

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

2. Which components are used to perform ETL and prebuilt ETL logic while setting up Oracle Business Intelligence Enterprise Edition?

A) Oracle BI Server and OLIP data source
B) Oracle Business Analytics Warehouse and Oracle BI Presentation Services
C) Information PowerCenter Servicer, and Informatics Repository
D) Metadata Repository and BI Presentation Services Catalog
E) Functional Setup Manager and Configuration Manager

3. Journal Approval has been enabled, however, the journal did NOT submit to the appropriate manager for approval. Which three additional steps must, be performed for the approval process to work?

A) Define approver authorization limits.
B) Create an approval hierarchy.
C) Enable customization.
D) Set up journal sources to use Journal approval.
E) Set up journal category to use journal approval.

4. Which three rule types are used to build an account rule?

A) Value Set
B) Account Combination
C) Mapping Set
D) Segment
E) System Transaction Identifiers

5. 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) Closed
B) Either Open or Closed
C) Open
D) Never Opened or Closed

Solutions: