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Updated: May 26, 2026

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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Changing a Fusion Intercompany system option would______________.

A) be effective on transactions in progress
B) will be retroactive and include historical transactions
C) take effect on new, existing, and transactions in progress
D) take effect only on new transactions going forward
E) impact both new and transactions in progress


2. Which is an INCORRECT Function for Fusion intercompany?

A) You do NOT have the functionality to define rules for specific Journal and category combinations for intercompany transaction types.
B) Intercompany enables you to have a more granular set of rules.
C) You can use a simple setup in which you define one rule for your chart of accounts.
D) The rule defined in intercompany canbe used for all intercompany balancing of all ledgers that use the same chart of accounts.


3. How can data from a Chart of Accounts instance be viewed in Oracle Business Intelligence?

A) Data is automatically available in Oracle Business intelligence through the transaction tables and cubes.
B) Select the Business Intelligence check box for the Chart of AccountsInstance.
C) Use the Migrate Oracle Fusion Financials function within the Setup and Maintenance work area.
D) Enable the offerings in the Manage BI Applications dialog box.
E) Select the Enable for Implementation check box.


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


5. In Oracle Fusion Applications, a calendar can only have ___________.

A) Multiple period types
B) Multiple period frequencies
C) Oneperiod frequency and period type
D) Multiple period frequencies and period types


Solutions:

Question # 1
Answer: D
Question # 2
Answer: A
Question # 3
Answer: A
Question # 4
Answer: C
Question # 5
Answer: C

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