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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. In Member Selection, which three operators and symbols enable you to display members based specified criteria?

A) Double parentheses
B) AND operator
C) Right parenthesis
D) Left parenthesis
E) Union operator

2. Which three types of objects can be created in Allocation Manager?

A) components that contain formulas, points of view, or allocation Objects
B) Journal formulas grouped together and executed sequentially to update account balances step by step
C) Complex computations based on different variables to automatically calculate allocated amounts.
D) Rules that contain components, such as points of view, formulas, and templates
E) Rule Sets that contain sets of rules that can be calculated sequentially

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

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

4. When recording the closing of a loan, you can link to the account that was used to book the loan origination.
Which option would you choose in Journal Line Rule?

A) Journal Line Rule Conditions
B) Merge Matching Lines to All
C) Link Journal Lines Options set toBusinessFlow
D) Link Journal Lines Options set to Copy from Corresponding Line
E) Link Journal Lines Options set to None

5. Transaction objects in Fusion Accounting Hub are associated to_____________.

A) Event Classes
B) Event Types
C) Event Entities
D) Journal Line Types

Solutions: