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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. What is the best view or tool to use it you need to quickly perform an ad hoc ledger query that drill down to in a web view?

A) Account Monitoring
B) Oracle Hyperion Financial Reporting Studio
C) Account Inspector
D) Oracle Hyperion Smart View

2. When configuring the allocation and periodic entries, which three tasks must be completed before generating the entries?

A) The journal balances for the allocation or periodic rules are entered and posted in the proper period.
B) The period is set to Open, Never Open or Future Enterable.
C) The period is set to Closed, Never Open or Future Enterable.
D) The rules or rules sets have been defined, validated and deployed successfully from the Allocation Manager.
E) The period is set to Open or Future Enterable

3. In the Essbase database source, how do you identify duplicate members?

A) display qualified names instead of the member names
B) use the member perspective
C) use member Information
D) use an alias name for a database member

4. The life cycle of a transaction's accounting impact is modeled by using__________.

A) Journal Categories
B) Event Entities
C) Journal Sources
D) Process Categories
E) Event Classes and Types

5. Identify the step that is NOT correct about implementing Fusion Accounting Hub to integrate with an external system.

A) Capture accounting events.
B) Determine the accounting impact of transactions.
C) Analyze external system transactions.
D) Enable external system to create Journal entries.

Solutions: