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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

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

2. How can data from a Chart of Accounts instance be viewed in Oracle Business Intelligence?

A) Select the Enable for Implementation check box.
B) Use the Migrate Oracle Fusion Financials function within the Setup and Maintenance work area.
C) Enable the offerings in the Manage BI Applications dialog box.
D) Data is automatically available in Oracle Business intelligence through the transaction tables and cubes.
E) Select the Business Intelligence check box for the Chart of AccountsInstance.

3. To set up the intercompany transaction using the Chart of Account rule, you will have to ___________.

A) specify the account of account intercompany receivables only
B) specify the chart of account intercompany receivables and intercompany payables accounts
C) specify the chart of accounts intercompany payables only
D) specify the chart of account Intercompany receivables accounts, Intercompany payables accounts, the source and the category

4. Choose the two Oracle Hyperion Reporting and Analysis products and artifacts, that can be imported into financial Reporting.

A) Books. (*.kbk)
B) Snapshot Reports (*.rpt)
C) Impact Manage Transformation Scripts (*. Js)
D) Dynamic Report (* .des)

5. Which three objectives must be considered when designing the chart of accounts?

A) Effectively manage an organization's financial business.
B) Anticipate growth and maintenance needs because organizational changes occur
C) Provide less flexibility for management reporting and analysis.
D) Select the segment qualifiers.
E) Support the audit and control of financial transactions.

Solutions: