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Updated: Jun 01, 2026

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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Which statement about intercompany balancing is INCORRECT?

A) Intercompany balancingisused to track intercompany duo to/due from balances by identifying the specific trading company.
B) Intercompany balancing is used to balance transactions by an additional dimension beyond the primary segment.
C) Segment values can be assigned more than once within your chart of account.
D) Segment values can be assigned only once within your chart of account.
E) The intercompany qualified segment can NOT be set with any of the three balancing segment qualifiers.


2. Which view do you use to set parameters and define the data that is displayed in the SmartView report.

A) SmartCube
B) SmrtView
C) SmartSlice
D) Point of View


3. The Profitability Dashboard providers visibility into a company's performance. Which indicator is via the Profitability Dashboard?

A) Budget
B) Recruitment
C) Pipeline
D) Suppliers
E) Return on Equity


4. A company has different methods of inventory valuation. What would be the best way of capturing this in the Fusion Accounting Hub?

A) Secondary Valuation method
B) Adjustments in the General Ledger
C) Account Derivation Rules
D) Journal Line Types


5. What is the primary source of data that is used for the Financial Reporting Center?

A) transaction tables
B) data from the balances cubes and dimensions contained in the chart of account segments
C) the Code Combinations table
D) defined dimensions for journals


Solutions:

Question # 1
Answer: C
Question # 2
Answer: C
Question # 3
Answer: E
Question # 4
Answer: D
Question # 5
Answer: B

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