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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Which statement about intercompany balancing is INCORRECT?

A) Intercompany balancingisused to track intercompany duo to/due from balances by identifying the specific trading company.
B) Intercompany balancing is used to balance transactions by an additional dimension beyond the primary segment.
C) Segment values can be assigned more than once within your chart of account.
D) Segment values can be assigned only once within your chart of account.
E) The intercompany qualified segment can NOT be set with any of the three balancing segment qualifiers.

2. A user wants to enter a multiple currency journal in the General Ledger. What must the user do to see the conversion rate type, conversion date, and conversion rate columns?

A) At the Journal line level, select a blank value in the currency field.
B) At the Journal Header level, accept the default value in the currency field.
C) At the Journal Header level, select a blank value in the currency field.
D) At the Journal line level, accept the default value in the currency field.

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

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

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

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

5. What can be used to restrict the events selected for accounting when users submit the Accounting Process?

A) Process Category
B) Event Types
C) EventClasses
D) Journal Line Types
E) Batch Name

Solutions: