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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. What are two reasons for using scorecards?

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

2. A company has the second and third balancing segment enabled for its chart of accounts, and the journal is balanced by the primary balancing segment but is out of balance by the second and third balancing segment. This is an example of ____________.

A) Chart Account Balancing Rule
B) Segment qualifier
C) Chart of Account Rule
D) Balancing Segment Rule

3. With which two options can Mapping Sets validate input values?

A) FlexFields
B) Lookup Types
C) Value Sets
D) Accounting Segment

4. Changing a Fusion Intercompany system option would______________.

A) will be retroactive and include historical transactions
B) take effect only on new transactions going forward
C) take effect on new, existing, and transactions in progress
D) be effective on transactions in progress
E) impact both new and transactions in progress

5. When you use allocations, revaluation, or translation to define and maintain your period close component, which three tasks should you perform under the Define Period Close Components parent task in your implementation project?

A) Manage Revaluations.
B) Manage Allocations and Period Entries.
C) Manage intercompany Settlements.
D) Manage General Accounting Dashboard.
E) Manage Historical Rates.

Solutions: