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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Oracle Fusion Accounting Hub is integrated with Oracle Hyperion Data Relationship Management Fusion Edition. What are two primary purposes of this functionality?

A) stores the identifier for the transaction in the transaction table
B) accurately reflects the accounting rules
C) ability to download very large amounts of data
D) a master data management solution for creating and maintaining hierarchies across an enterprise
E) ability to maintain charts of accounts values and hierarchies in one central location

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

3. Which is an example of embedded intelligence in the Fusion General Accounting Dashboard?

A) moving the cursor over projected balances displays the impact a journal will have on accounts
B) getting more detail on a balance by clicking the Show More button
C) setting notification thresholds in the Account Monitor view
D) running a trial balance report to reconcile books

4. Journal Approval has been enabled, however, the journal did NOT submit to the appropriate manager for approval. Which three additional steps must, be performed for the approval process to work?

A) Define approver authorization limits.
B) Create an approval hierarchy.
C) Enable customization.
D) Set up journal sources to use Journal approval.
E) Set up journal category to use journal approval.

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

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

Solutions: