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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Identify the set up that needs to be completed before you can use cubes.

A) FSG
B) Report Builder
C) Ledger
D) Microsoft Office

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

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

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

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

4. In Oracle Fusion, you can NOT edit the period after it is set to ____________.

A) Closed
B) Open
C) Open or Enterable
D) Pending Closed

5. The tables, of views, from which Create Accounting takes source data to use in rules and create entries are referred to as_________.

A) Transaction Objects
B) Mapping Sets
C) Event Classes
D) Event Entities
E) Accounting attributes

Solutions: