PDF Version DemoOracle Fusion Financials 11g General Ledger Essentials Sample Questions:
1. Which three rule types are used to build an account rule?
A) Segment
B) System Transaction Identifiers
C) Account Combination
D) Value Set
E) Mapping Set
2. Choose the four steps required to create and use the chart of accounts.
A) Create Account Hierarchies.
B) Publish Account Hierarchies.
C) Create Chart of Accounts Structure Instance.
D) Create Chart of Accounts Structure.
E) Create Value Set Values.
F) Create Value Sets.
3. When configuring the allocation and periodic entries, which three tasks must be completed before generating the entries?
A) The period is set to Open or Future Enterable
B) The journal balances for the allocation or periodic rules are entered and posted in the proper period.
C) The period is set to Closed, Never Open or Future Enterable.
D) The period is set to Open, Never Open or Future Enterable.
E) The rules or rules sets have been defined, validated and deployed successfully from the Allocation Manager.
4. 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) Use Account Derivation rules to create two different entries.
B) Create two accounting events: one for payment and one for recognition.
C) Use Journal Line Definitions.
D) Use multiperiod accounting-enabled Journal Line Types.
5. The Receivables and Payables accounts that are automatically generated by intercompany transactions use rules and attributes in what order?
A) Ledger Level Rules;Primary Balancing Segment Rules;Ledger Entity Level Rules; Chart of Accounts Rules
B) Chart of Account Rules; Ledger Entity Level Rules, Primary Balancing Segment Rules; Ledger Level Rules
C) Chart of Account Rules; Primary Balancing Segment Rules; Ledger Entity Level Rules; Ledger Level Rules
D) Primary Balancing Segment Rules; Ledger Entity Level Rules; Ledger Level Rules;Chart of Account Rules
E) Ledger entity Level Rules; ledger Level Rules; Chart of Account Rules; Primary Balancing Segment Rules
Solutions:
| Question # 1 Answer: A,D,E | Question # 2 Answer: A,D,E,F | Question # 3 Answer: A,B,E | Question # 4 Answer: D | Question # 5 Answer: D |
We are confident about the products and aim to help you pass with ease. In case of failure, we will provide a no hassle full money back guarantee for the purchasing fee.
775 Customer Reviews
Quality and ValueITbraindumps Practice Exams are written to the highest standards of technical accuracy, using only certified subject matter experts and published authors for development - no all study materials.
Tested and ApprovedWe are committed to the process of vendor and third party approvals. We believe professionals and executives alike deserve the confidence of quality coverage these authorizations provide.
Easy to PassIf you prepare for the exams using our ITbraindumps testing engine, It is easy to succeed for all certifications in the first attempt. You don't have to deal with all dumps or any free torrent / rapidshare all stuff.
Try Before BuyITbraindumps offers free demo of each product. You can check out the interface, question quality and usability of our practice exams before you decide to buy.