We're so confident of our products that we provide no hassle product exchange.
Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:
1. During the analysis phase of the implementation, it was discovered that there were some expense entries that are paid in the current month for services rendered in the next month, the client wants to defer the expense and recognize it in the next month. What would you recommend?
A) Create two accounting events: one for payment and one for recognition.
B) Use Journal Line Definitions.
C) Use multiperiod accounting-enabled Journal Line Types.
D) Use Account Derivation rules to create two different entries.
2. What is the most efficient way to add a new year to the accounting calendar?
A) The application automatically populates the next period.
B) Use the Add Year button.
C) Add the periods manually.
D) Run the Other - Calendar Validation Report.
3. Identify the two INVALID output options for batch bursting.
A) Snapshot Reports
B) PDF files
C) Books
D) HTML & MHTML
E) Output to Printer
4. To set up the intercompany transaction using the Chart of Account rule, you will have to ___________.
A) specify the chart of account Intercompany receivables accounts, Intercompany payables accounts, the source and the category
B) specify the chart of account intercompany receivables and intercompany payables accounts
C) specify the account of account intercompany receivables only
D) specify the chart of accounts intercompany payables only
5. To set up the intercompany transaction using the Chart of Account rule, you will have to ___________.
A) specify the chart of account intercompany receivables only
B) specify the chart of account intercompany receivables and intercompany payables accounts
C) specify the chart of accounts intercompany payables only
D) specify the Chart of account intercompany receivables accounts, intercompany payables account the source and the category
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B | Question # 3 Answer: D,E | Question # 4 Answer: B | Question # 5 Answer: B |
By Edison
