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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. When an external system sends an invoice to Fusion Accounts Payable, the life cycle of the transaction is invoice Created, Invoice Adjusted, Invoice Deleted or Invoice Canceled. This cycle can be modeled using______________.

A) Event model
B) Event Types
C) Journal Rules
D) Event entities
E) Event Categories

2. Identify the step that is NOT correct about implementing Fusion Accounting Hub to integrate with an external system.

A) Analyze external system transactions.
B) Capture accounting events.
C) Enable external system to create Journal entries.
D) Determine the accounting impact of transactions.

3. Where can a multidimensional analysis of accounting balances be performed online?

A) Project Analytics
B) Account Monitor and Account Inspector
C) Revenue Influenced by Program
D) Forecast and Actual versus Quota
E) Requisition Overview

4. In Oracle Fusion, you can NOT edit the period after it is set to ____________.

A) Pending Closed
B) Open or Enterable
C) Closed
D) Open

5. An invoice with two lines is entered, later that day an adjustment is made to the invoice to add another line. At the end of the day, the invoice is sent to the Fusion Accounting Hub. How many events would you create?

A) Twoevents: one for invoice creation and one for the adjustment
B) Oneeventforinvoice creation; adjustment happened before transaction sent to the Fusion Accounting Hub
C) Fourevents: one for invoice creation, one each for the two lines arid one for the adjustment
D) Threeevents: one for invoice creation and two for line creation

Solutions: