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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Event classes are transaction types used to group____________.

A) Event Types
B) Journal Rule Sets
C) Event Models
D) Process Categories
E) Event Entities

2. You are required to enter the daily rates for currency conversion from British pound (GBP) to United States dollars (USD) each day. Which Excel add-in application do you use to load the daily rates?

A) Financial Reporting Studio
B) SmartView
C) Web ADI
D) Application Development Framework Integration

3. A client is implementing Fusion Accounting Hub for their external receivable system. The external system sends invoices billed and cash receipts in a flat file along with the customer classification Information. The client wants the accounting amounts to be tracked by customer classification, but NOT necessarily in a Chart of Accounts segment. How can this be solved?

A) Use Open account balances listing.
B) Use supporting references to capture customer classification.
C) Use the Third Party control account feature.
D) Change the Chart of Accounts structure to include customer classification; there is no other option.
E) Capture it as a source and develop custom report.

4. Which three tasks that can be performed by using Account inspector in the Account Monitor choice list?

A) Export a custom pivot table to Microsoft Excel.
B) Drill down to the detailed balances within a custom pivot table.
C) Close selected accounts and periods that appear in the pivot table.
D) Do not use a pivot table.
E) Interactively perform ad hoc inquiries on the financial balances.

5. Which three actions can you perform on subledger journal entities?

A) Incomplete
B) Finish
C) Duplicate
D) Reverse
E) Complete
F) Close

Solutions: