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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

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

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

2. Fusion Accounting Hub includes Hyperion Data Management, which can be used for_______________.

A) data access and security
B) Chart of Accounts Hierarchy maintenance
C) the maintenance of Trading Community Data
D) Chart of Accounts Master Data maintenance
E) data modeling

3. Which report indicates if the accounting entries have been transferred to the Oracle Ledger when submitting the Create Accounting process?

A) Trial Balance - Detail
B) Create Accounting Report
C) Create Accounting execution Report
D) Journals - (132 Char)

4. 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) Account Inspector
C) Oracle Hyperion Financial Reporting Studio
D) Oracle Hyperion Smart View

5. Select the option that helps in sharing Account Rules across applications.

A) Reference Objects
B) Transaction Objects
C) Same Chart of Accounts
D) Same Value Set validation

Solutions: