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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. The lowest level of granularity at which a journal entry rule set can be assigned is_____________.

A) Events
B) Event Entities
C) Event Classes
D) Event Types
E) Journal line Rules

2. Which is an INCORRECT Function for Fusion intercompany?

A) Intercompany enables you to have a more granular set of rules.
B) You do NOT have the functionality to define rules for specific Journal and category combinations for intercompany transaction types.
C) You can use a simple setup in which you define one rule for your chart of accounts.
D) The rule defined in intercompany canbe used for all intercompany balancing of all ledgers that use the same chart of accounts.

3. When an external system sends an invoice to Fusion Accounts Payable, the life cycle of the transaction is invoice Created, Invoice Adjusted, Invoice Deleted or Invoice Canceled. This cycle can be modeled using______________.

A) Event Types
B) Event entities
C) Event model
D) Journal Rules
E) Event Categories

4. Identify the valid data source where key Figure Manager is used for Financial Reporting.

A) SAP BW
B) MSOLAP
C) EssBase
D) Planning
E) Financial Management

5. Identify three characters that can NOT be used with the FRExecute command.

A) &
B) =
C) >
D) (
E) ;

Solutions: