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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. You are required to enter the daily rates for currency conversion from British pound (GBP) to United States dollars (USD) each day. Which Excel add-in application do you use to load the daily rates?

A) Web ADI
B) Application Development Framework Integration
C) SmartView
D) Financial Reporting Studio

2. Yon have entered a journal and your supervisor is asking for the current account balance and what the future account balance will be after the journal is approved and posted. How will you get this information?

A) View the Account Inquiry window
B) Run the Journals- (132 Char) Report.
C) View the Projected Balances Region on the Create Journal page
D) Run Trial Balance.

3. Which statement about intercompany balancing is INCORRECT?

A) Segment values can be assigned more than once within your chart of account.
B) Intercompany balancing is used to balance transactions by an additional dimension beyond the primary segment.
C) The intercompany qualified segment can NOT be set with any of the three balancing segment qualifiers.
D) Segment values can be assigned only once within your chart of account.
E) Intercompany balancingisused to track intercompany duo to/due from balances by identifying the specific trading company.

4. Which view do you use to set parameters and define the data that is displayed in the SmartView report.

A) SmartSlice
B) SmrtView
C) Point of View
D) SmartCube

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

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

Solutions: