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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. To set up the intercompany transaction using the Chart of Account rule, you will have to ___________.

A) specify the chart of accounts intercompany payables only
B) specify the chart of account intercompany receivables only
C) specify the chart of account intercompany receivables and intercompany payables accounts
D) specify the Chart of account intercompany receivables accounts, intercompany payables account the source and the category

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

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

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

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

4. Identify the step that is NOT correct about implementing Fusion Accounting Hub to integrate with an external system.

A) Analyze external system transactions.
B) Determine the accounting impact of transactions.
C) Capture accounting events.
D) Enable external system to create Journal entries.

5. What can be used to restrict the events selected for accounting when users submit the Accounting Process?

A) Process Category
B) Batch Name
C) Journal Line Types
D) Event Types
E) EventClasses

Solutions: