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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Which three options can you use from the Generate Allocations link to open the Submission page?

A) Automatically saveitas an Excel file
B) E-mail the output
C) Notification when this process ends
D) Fax the output
E) Print Output

2. To open a period without going into the Setup and Maintenance work area you can maintain the period statuses of ledger from the ___________ work area.

A) General Ledger Journals
B) Account Monitoring
C) Manage Revaluations
D) Process Monitoring

3. Which three types of objects can be created in Allocation Manager?

A) Journal formulas grouped together and executed sequentially to update account balances step by step
B) Rule Sets that contain sets of rules that can be calculated sequentially
C) Complex computations based on different variables to automatically calculate allocated amounts.
D) components that contain formulas, points of view, or allocation Objects
E) Rules that contain components, such as points of view, formulas, and templates

4. What metric values are available on the General Ledger Dashboard?

A) Profit Centers, Period of Time, Cost Centers, Expenses Budgets versus
B) Schedule Compliance, Target Attainment, Service Level
C) Cost of Goods Sold, Return on Equity
D) Price Yield, Win-Loss Ratio, Campaign Performance

5. When recording the closing of a loan, you can link to the account that was used to book the loan origination.
Which option would you choose in Journal Line Rule?

A) Link Journal Lines Options set to None
B) Link Journal Lines Options set toBusinessFlow
C) Merge Matching Lines to All
D) Journal Line Rule Conditions
E) Link Journal Lines Options set to Copy from Corresponding Line

Solutions: