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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

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

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

2. The Profitability Dashboard providers visibility into a company's performance. Which indicator is via the Profitability Dashboard?

A) Budget
B) Suppliers
C) Pipeline
D) Return on Equity
E) Recruitment

3. During the analysis phase of the implementation, it was discovered that there were some expense entries that are paid in the current month for services rendered in the next month, the client wants to defer the expense and recognize it in the next month. What would you recommend?

A) Create two accounting events: one for payment and one for recognition.
B) Use Account Derivation rules to create two different entries.
C) Use multiperiod accounting-enabled Journal Line Types.
D) Use Journal Line Definitions.

4. Which three options can you use from the Generate Allocations link to open the Submission page?

A) Automatically saveitas an Excel file
B) Print Output
C) E-mail the output
D) Notification when this process ends
E) Fax the output

5. When reconciling transactions, accounted amounts in a reconciliation report may be different due to differences in the currency conversion rates used. To mitigate the differences in the account balances you should ____________.

A) Run additional reports using a number of varied currency conversion rates
B) Run the report using an additional common currency conversion rate
C) Add a ledger-balancing line in the intercompany Payables account and rerun the report
D) Add a ledger-balancing line in the intercompany Receivables account and rerun the report

Solutions: