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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. You are required to enter the daily rates for currency conversion from British pound (GBP) to United States dollars (USD) each day. Which Excel add-in application do you use to load the daily rates?

A) Financial Reporting studio
B) SmartVIew
C) Application Development Framework Integration
D) Web ADI

2. Changing a Fusion Intercompany system option would______________.

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

3. After submitting the journal for approval, you realize the department value in journal is incorrect.
How do you correct the value?

A) Reverse the journal and create a new journal.
B) Click the Withdraw Approval button on the journal page and edit the journal.
C) Update the journal through a workflow.
D) Delete the journal and create a new journal.

4. Identify three tasks that can be performed using the General Accounting Dashboard.

A) Pay invoices to a supplier.
B) Configure user responsibilities.
C) Pay invoices to a contractor.
D) Take immediate action and drill down to uncover more detailed information.
E) Get a high level view of the state of a department.
F) Receive instant visibility of transaction statuses.

5. Identify two INVALID features of POV in Financial Reporting Studio.

A) A memberselection function with CurrentPOV as the member parameter changes to a User POV when members are selected from a row, column or page axis on a grid.
B) To identify that a dimension is set for grid POV, text row foot note should be added for a gridPOV for a dimension.
C) All POVs allow a single member to be set for a dimension.
D) Multiple grids cannot be Included in a report.
E) POV book is specific to any report or grid object in report in that book.

Solutions: