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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:
1. When reconciling transactions, accounted amounts in a reconciliation report may be different due to differences in the currency conversion rates used. To mitigate the differences in the account balances you should ____________.
A) Add a ledger-balancing line in the intercompany Receivables account and rerun the report
B) Run the report using an additional common currency conversion rate
C) Add a ledger-balancing line in the intercompany Payables account and rerun the report
D) Run additional reports using a number of varied currency conversion rates
2. A customer is trying to build dynamic reports in Fusion Financial Reporting. What are two recommendations?
A) Create reusable objects and row and column templates.
B) Use multiple data segments for formatting or calculating.
C) Use cell formulas to write efficient formulas rather than row or column formulas.
D) Use Function on expanded data segments that are NOT placed on separate rows or columns.
3. Where do end users modify preferences, such as time zone, delivery devices and delivery profile?
A) My Agents
B) My Dashboard page
C) My Scorecards
D) My Reports
E) My Account dialog box
4. Yon have entered a journal and your supervisor is asking for the current account balance and what the future account balance will be after the journal is approved and posted. How will you get this information?
A) Run Trial Balance.
B) View the Account Inquiry window
C) Run the Journals- (132 Char) Report.
D) View the Projected Balances Region on the Create Journal page
5. 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) One Ledger and three Legal Entities
B) One ledger and one Legal Entity
C) Three Ledger and three Legal Entities
D) Two ledger and two Legal Entities
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A,D | Question # 3 Answer: E | Question # 4 Answer: D | Question # 5 Answer: C |
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