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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:
1. Which report indicates if the accounting entries have been transferred to the Oracle Ledger when submitting the Create Accounting process?
A) Create Accounting Report
B) Trial Balance - Detail
C) Create Accounting execution Report
D) Journals - (132 Char)
2. In Oracle Fusion, you can NOT edit the period after it is set to ____________.
A) Open
B) Open or Enterable
C) Closed
D) Pending Closed
3. Which attribute does NOT need to be considered when creating intercompany transaction?
A) Default Organization contact
B) Legal Entity
C) Receivables and Payables Business Units
D) Default Transaction Type
4. When configuring the allocation and periodic entries, which three tasks must be completed before generating the entries?
A) The period is set to Closed, Never Open or Future Enterable.
B) The period is set to Open or Future Enterable
C) The rules or rules sets have been defined, validated and deployed successfully from the Allocation Manager.
D) The period is set to Open, Never Open or Future Enterable.
E) The journal balances for the allocation or periodic rules are entered and posted in the proper period.
5. 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) Segment qualifier
B) Balancing Segment Rule
C) Chart Account Balancing Rule
D) Chart of Account Rule
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: C | Question # 3 Answer: A | Question # 4 Answer: B,C,E | Question # 5 Answer: A |
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