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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Where do end users modify preferences, such as time zone, delivery devices and delivery profile?

A) My Scorecards
B) My Dashboard page
C) My Reports
D) My Agents
E) My Account dialog box


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


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

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


4. When recording the closing of a loan, you can link to the account that was used to book the loan origination.
Which option would you choose in Journal Line Rule?

A) Merge Matching Lines to All
B) Link Journal Lines Options set to Copy from Corresponding Line
C) Journal Line Rule Conditions
D) Link Journal Lines Options set to None
E) Link Journal Lines Options set toBusinessFlow


5. What metric values are available on the General Ledger Dashboard?

A) Cost of Goods Sold, Return on Equity
B) Schedule Compliance, Target Attainment, Service Level
C) Profit Centers, Period of Time, Cost Centers, Expenses Budgets versus
D) Price Yield, Win-Loss Ratio, Campaign Performance


Solutions:

Question # 1
Answer: E
Question # 2
Answer: D
Question # 3
Answer: D
Question # 4
Answer: E
Question # 5
Answer: C

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