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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

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

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

2. A company has different methods of inventory valuation. What would be the best way of capturing this in the Fusion Accounting Hub?

A) Account Derivation Rules
B) Journal Line Types
C) Secondary Valuation method
D) Adjustments in the General Ledger

3. Which attribute does NOT need to be considered when creating intercompany transaction?

A) Receivables and Payables Business Units
B) Default Transaction Type
C) Legal Entity
D) Default Organization contact

4. To open a period without going into the Setup and Maintenance work area you can maintain the period statuses of ledger from the ___________ work area.

A) Process Monitoring
B) General Ledger Journals
C) Manage Revaluations
D) Account Monitoring

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

Solutions: