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


2. Journal approval in Oracle Fusion Applications uses Oracle Fusion Approvals Management (AMX) to build approvals. Which AMX builder method is most effective when the General Accountant enters the journals for approval?

A) Approval Group
B) Job level
C) Human Resources (HK) Supervisory
D) Position


3. With which two options can Mapping Sets validate input values?

A) Accounting Segment
B) Lookup Types
C) FlexFields
D) Value Sets


4. Which three tasks that can be performed by using Account inspector in the Account Monitor choice list?

A) Do not use a pivot table.
B) Export a custom pivot table to Microsoft Excel.
C) Drill down to the detailed balances within a custom pivot table.
D) Close selected accounts and periods that appear in the pivot table.
E) Interactively perform ad hoc inquiries on the financial balances.


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

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


Solutions:

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

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