Practice Questions

What is the primary purpose of a Ledger in Oracle EBS?

A. Store supplier data B. Record accounting transactions C. Manage inventory D. Process payroll

Which component defines the structure of accounting entries?

A. Ledger B. Chart of Accounts C. Journal Source D. Calendar

What does the Posting process do in General Ledger?

A. Imports journals B. Validates and updates account balances C. Deletes invalid entries D. Closes accounting periods

Which tool is used to generate financial reports in Oracle GL?

A. Oracle Reports Builder B. Financial Statement Generator (FSG) C. SQL Developer D. BI Publisher

What is the purpose of a Secondary Ledger?

A. Backup data storage B. Alternative accounting representation C. User access control D. Transaction logging