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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Transaction objects in Fusion Accounting Hub are associated to_____________.

A) Event Classes
B) Event Types
C) Event Entities
D) Journal Line Types

2. A company has three divisions: a U.S. division that covers the U.S. locations, a European division that covers U.K. and France, and a Middle East division that covers Saudi Arabia and U.A.E. All the divisions have their own employees. Choose how many Ledgers and Legal Entities the company Needs.

A) Three Ledger and three Legal Entities
B) One Ledger and three Legal Entities
C) One ledger and one Legal Entity
D) Two ledger and two Legal Entities

3. The life cycle of a transaction's accounting impact is modeled by using__________.

A) Journal Sources
B) Event Classes and Types
C) Process Categories
D) Event Entities
E) Journal Categories

4. In Oracle Fusion, the intercompany transactions are used to generate the accounts needed to balance ____________.

A) By primary balancing segment values only
B) By both legal and balancing segments values
C) By legal entity only
D) By account values

5. Choose the three interfaces that integrate with SmartView to view, import, manipulate, distribute and share data.

A) Microsoft Access
B) Microsoft Word
C) Microsoft Notes
D) Microsoft PowerPoint
E) Microsoft Excel

Solutions: