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Last Updated: Jun 21, 2026

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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Which three rule types are used to build an account rule?

A) Segment
B) Value Set
C) Account Combination
D) Mapping Set
E) System Transaction Identifiers


2. Which task enables you to define the legal entities that are classified as intercompany organizations?

A) Define intercompany transactions.
B) Enter intercompany transactions.
C) Edit intercompany transactions.
D) Manage intercompany transactions.


3. What can be used to restrict the events selected for accounting when users submit the Accounting Process?

A) Event Types
B) Process Category
C) EventClasses
D) Batch Name
E) Journal Line Types


4. When reconciling transactions, accounted amounts in a reconciliation report may be different due to differences in the currency conversion rates used. To mitigate the differences in the account balances you should ____________.

A) Run the report using an additional common currency conversion rate
B) Add a ledger-balancing line in the intercompany Payables account and rerun the report
C) Run additional reports using a number of varied currency conversion rates
D) Add a ledger-balancing line in the intercompany Receivables account and rerun the report


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) SmartView
D) Web ADI


Solutions:

Question # 1
Answer: A,B,D
Question # 2
Answer: D
Question # 3
Answer: B
Question # 4
Answer: B
Question # 5
Answer: B

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