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- Reconciliation with subledgers
- Period close process and monitor
- Opening and closing accounting periods
- Trial balance and period-end adjustments
Topic 2: Financial Reporting and Inquiry
12%
- Financial Reporting Center and OTBI
- Balances and transaction inquiry
- Account Monitor and Account Inspector
- Reporting tools and integration options
Topic 3: Integration and Security
8%
- Data access and security policies
- Accounting Hub and third-party integration
- Integration with Subledger Accounting
Topic 4: Multi-Currency and Intercompany Accounting
15%
- Currency configuration and daily rates
- Intercompany transactions and reconciliation
- Translation and consolidation processes
- Foreign currency transactions and revaluation
Topic 5: Journal Entries and Processing
20%
- Creating, importing, and posting journals
- Reversing, correcting, and reviewing journals
- Allocation and periodic entries
- Approval workflows and rules
Topic 6: Overview of Oracle Fusion Financials and General Ledger
10%
- Fusion Financials architecture and deployment options
- General Ledger role within the financial ecosystem
- Key features and benefits of Fusion General Ledger
Topic 7: Chart of Accounts Configuration
20%
- Designing and defining chart of accounts structure
- Account combinations and security rules
- Cross-validation and segment validation rules
- Value sets, segments, and hierarchies
Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:
Which keyboard shortcut is used to navigate to Focus Annotations Area Control?
Explanation: Only visible for PrepAwayTest members. You can sign-up / login (it's free).
Select the appropriate financial Reporting Center functionality that helps users to view, input, manipulate, distribute and share data from the General Ledger balances to Microsoft Excel.
Explanation: Only visible for PrepAwayTest members. You can sign-up / login (it's free).
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
Explanation: Only visible for PrepAwayTest members. You can sign-up / login (it's free).
discussion
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