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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. How can you restrict access to dashboards, dashboard pages, and other presentation catalog objects?

A) Assign object security to predefined groups.
B) Use the security filter.
C) Use membership controls to limit user access.
D) Create a custom dashboard In Oracle Business Intelligence Enterprise Edition (OBIEE).

2. Which task is NOT allowed when spreading data for time periods in Microsoft Excel?

A) spreading the value of a summary time period to its base time periods or to the first parent or first child of the parent time period
B) spreading values among children and parents proportionally, based on existing distribution
C) spreading values based on weekly distribution of a quarter, which could be 4-4-5, 5-4-4, or none
D) temporarily locking the values of certain cells while spreading data over time periods
E) spreading data in a summary time period that includes members and mixed currency types

3. XYZ Company has two departments: Marketing and Finance. The Finance Department has two Functional divisions: receivables and payables. Select the flow for establishing hierarchy.

A) Hierarchy between departments only
B) Hierarchy between the organization and its departments, and between the departments and their respective functional divisions
C) Hierarchy between functional divisions only
D) hierarchy between the organization and its departments and functional divisions only

4. Which three types of objects can be created in Allocation Manager?

A) Rule Sets that contain sets of rules that can be calculated sequentially
B) Journal formulas grouped together and executed sequentially to update account balances step by step
C) Rules that contain components, such as points of view, formulas, and templates
D) components that contain formulas, points of view, or allocation Objects
E) Complex computations based on different variables to automatically calculate allocated amounts.

5. When configuring the allocation and periodic entries, which three tasks must be completed before generating the entries?

A) The journal balances for the allocation or periodic rules are entered and posted in the proper period.
B) The rules or rules sets have been defined, validated and deployed successfully from the Allocation Manager.
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 period is set to Open or Future Enterable

Solutions: