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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Which statement about intercompany balancing is INCORRECT?

A) The intercompany qualified segment can NOT be set with any of the three balancing segment qualifiers.
B) Segment values can be assigned only once within your chart of account.
C) Intercompany balancingisused to track intercompany duo to/due from balances by identifying the specific trading company.
D) Intercompany balancing is used to balance transactions by an additional dimension beyond the primary segment.
E) Segment values can be assigned more than once within your chart of account.

2. Oracle Business Intelligence Enterprise Edition is available through the iPhone and iPad devices. Which BI object content is NOT visible through a mobile device?

A) Analysis, including analytic actions
B) Action
C) Scorecard, including analytic actions
D) Briefing Book, limited to alert visible in the Alerts list
E) Dashboard Page, including analytic actions

3. What are two reasons for using scorecards?

A) Assessment Mappings
B) Gauges
C) KPIs are represented hierarchically
D) Dimension Pinnings
E) an objective and its supporting child objectives

4. 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 one Legal Entity
B) One Ledger and three Legal Entities
C) Three Ledger and three Legal Entities
D) Two ledger and two Legal Entities

5. Which report indicates if the accounting entries have been transferred to the Oracle Ledger when submitting the Create Accounting process?

A) Trial Balance - Detail
B) Journals - (132 Char)
C) Create Accounting Report
D) Create Accounting execution Report

Solutions: