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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:
1. Which three types of objects can be created in Allocation Manager?
A) Rule Sets that contain sets of rules that can be calculated sequentially
B) Rules that contain components, such as points of view, formulas, and templates
C) components that contain formulas, points of view, or allocation Objects
D) Complex computations based on different variables to automatically calculate allocated amounts.
E) Journal formulas grouped together and executed sequentially to update account balances step by step
2. What are NOT included in the intercompany reconciliation reports?
A) Ledger balancing lines generated when the primary balancing segment value is in balance butneither the second balancing segment northird balancing segment is out of balance; clearing company balancing lines
B) Clearing company balancing lines
C) Intercompany receivables and intercompany lines generated by the intercompany balancing feature
D) Intercompany receivables and Intercompany payables lines generated for the provider and receiver of each intercompany transaction
3. What are two reasons for using scorecards?
A) Dimension Pinnings
B) an objective and its supporting child objectives
C) Assessment Mappings
D) Gauges
E) KPIs are represented hierarchically
4. What are the key performance metrics for Oracle Fusion Financials?
A) Project Performance, Financial Management, Budget Details and Cost Details
B) Expenses, Revenue, Balance Sheet, Cash Flow, Budget versus Actual, Asset Usage, Liquidity, Financial Structure and GL Balance
C) Requisitions. Vacancy Analysis, Recruitment Pipeline and Offer Analysis
D) Pipelinefunnel. Opportunity Details, Forecast and Actual versus Quota and Forecast versus Pipeline
E) Spend by Category, Spend by Supplier, Spend by Organization and Item Detail
5. Changing a Fusion Intercompany system option would______________.
A) be effective on transactions in progress
B) take effect on new, existing, and transactions in progress
C) impact both new and transactions in progress
D) take effect only on new transactions going forward
E) will be retroactive and include historical transactions
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: B,E | Question # 4 Answer: B | Question # 5 Answer: D |
By Dunn
