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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. There is a performance issue with new account hierarchies. Which setting would you update to improve performance?

A) ADF Business component View Objects
B) Parent Child Relationship
C) Column set
D) Row set

2. Changing a Fusion Intercompany system option would______________.

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

3. A customer is trying to build dynamic reports in Fusion Financial Reporting. What are two recommendations?

A) Use cell formulas to write efficient formulas rather than row or column formulas.
B) Use multiple data segments for formatting or calculating.
C) Create reusable objects and row and column templates.
D) Use Function on expanded data segments that are NOT placed on separate rows or columns.

4. Identify the two items that the intercompany Reconciliation reports display.

A) intercompany receivables and intercompany payables lines generated for the provider and receiver of each intercompany transaction
B) ledger balancing lines generated when the primary balancing segment value is in balance, but either the second balancing segment or the third balancing segment is out of balance
C) intercompany receivables and intercompany payables lines generated by the intercompany balancing feature
D) clearing company balance lines

5. Which task is NOT allowed when spreading data for time periods in Microsoft Excel?

A) spreading the value of a summary time period to its base time periods or to the first parent or first child of the parent time period
B) spreading values among children and parents proportionally, based on existing distribution
C) temporarily locking the values of certain cells while spreading data over time periods
D) spreading values based on weekly distribution of a quarter, which could be 4-4-5, 5-4-4, or none
E) spreading data in a summary time period that includes members and mixed currency types

Solutions: