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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. The life cycle of a transaction's accounting impact is modeled by using__________.

A) Journal Categories
B) Event Entities
C) Process Categories
D) Event Classes and Types
E) Journal Sources

2. What are two reasons for using scorecards?

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

3. Which three tasks that can be performed by using Account inspector in the Account Monitor choice list?

A) Export a custom pivot table to Microsoft Excel.
B) Interactively perform ad hoc inquiries on the financial balances.
C) Drill down to the detailed balances within a custom pivot table.
D) Close selected accounts and periods that appear in the pivot table.
E) Do not use a pivot table.

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

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

5. The company has four legal entities operating in US CA, US-NY, Canada and the UK. The chart of accounts and the accounting calendar are the same for US CA, US-NY and Canada but NOT for the UK.
How many ledgers are needed?

A) Four
B) three
C) Two
D) One

Solutions: