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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

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

2. Identify the two steps that must be completed when performing Accounting Configuration

A) Create Legal Entities
B) Create Reporting Currencies
C) Create Primary Ledgers
D) Open First Period

3. In Oracle Fusion, you can define more complex structure and multiple rules between pairs of____________.

A) Primary Segments only
B) Ledgers only
C) Legal Entities only
D) Ledger, Legal Entities, or Primary Segments

4. At which two levels do you need to enable the approval process you start defining it?

A) Source
B) Ledger
C) Journal
D) Category

5. A Client has a sales region the East coast and one on the West coast. The East coast sales region wants data analyzed for only their region.
Which tool should be used?

A) SmartView
B) SmartSlice
C) SmartCube
D) Web ADI

Solutions: