1Z0-211 – Oracle 11i General Ledger Fundamentals Practice Test

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About the Oracle 1Z0-211 exam

Oracle’s 1Z0-211 exam is based on Oracle 11i E-Business Suite. Passing this exam helps you to get Oracle 11i Financials Consultant certification. Oracle E-Business Suite 11i Financials validates that the candidate has proficiency and knowledge of Oracle general ledger financial controls.

This exam will prepare you to achieve the highest transaction rates, largest data volumes, and smallest processing windows needed to keep your company competitive. If you would like to know more about the Oracle 11i General Ledger Fundamentals test, please visit the Oracle 1Z0-211 exam page.

The 1Z0-211 exam measures the skills of a candidate in identifying the steps required to complete the accounting cycle using Oracle General Ledger, describing the elements required to create a set of books within Oracle General Ledger, etc. You should pass 1Z0-200 exam before taking this exam.

What to expect in 1Z0-211 exam?

This exam may contain multiple-choice, fill-in-the-blank and interactive graphical questions. Some questions also include exhibits, which are presented to you on the screen and can be reviewed while you answer the question. You will be required to attempt 66 questions in 90 minutes. You should attempt all the questions in the exam. You need a score of 60% to pass this exam.

Preparing for the Oracle 1Z0-211 exam

There is no quick mantra for success. Several studies have shown that the best way to learn is to take a test! Practice tests that is. Taking practice tests before a subsequent exam appears to be the most popular method of learning, even more favored that other popular methods such as repetition and concept mapping.
A high quality test preparation software such as uCertify Prepkits will not only help you learn the 1Z0-211 exam material and pass the certification exam in your first attempt.

You are required to practice the following topics carefully to pass your exam with good percentage:

• Describe how journal entries are positioned in the accounting cycle; identify the types of journal entries; create manual journal entries; post journal entries using various posting options
• Describe summary accounts and how they are used in General Ledger; describe the difference between Summary accounts and Parent values
• Describe, create, and generate the three types of recurring Journals
• Describe GIS (Global Intercompany System)
• Explain the anatomy of a budget; enumerate the budget accounting cycle, define a budget and budget organization, and enumerate the budget entry methods
• Describe the foreign currency concepts; explain Multiple Currency Accounting; list the steps that need to be completed before entering foreign currency transactions; enter foreign currency journals and explain conversion

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What is covered in the Oracle’s 1Z0-211 PrepKit?

The Practice guide having excellent practice questions of 1Z0-211 covers 100% objectives for Oracle’s 1Z0-211: Oracle 11i General Ledger Fundamentals, in accordance with actual exam pattern and question types. The 1Z0-211 PrepKit covers following exam essentials:

• Oracle General Ledger Process – This objective includes describe how Oracle General Ledger integrates with other Oracle eBusiness applications, describe the implementation considerations for setting up and using Oracle General Ledger and the Oracle eBusiness Suite, etc.
• Set of Books – This objective includes explain the steps for Creating a Set of Books, identify key implementation issues involved when creating a set of books in Oracle General Ledger, identify the attributes, options, and settings required to define the Accounting Flexfield; define an accounting calendar and enable predefined currencies, etc.
• Basic Journal Entries – This objective includes perform account inquiries; perform drilldowns to Oracle subledger applications; create reversing entries; use ADI to create journal entries; import journal entry information using the GL_INTERFACE, etc.
• Summary Accounts – This objective includes define rollup groups for summary account creation and assign parent values to rollup groups; determine the number of summary accounts created by a template using a specific formula, enter summary account templates to create summary accounts and maintain summary accounts, etc.
• Advanced Journal Entries – This objective includes describe the features of AutoAllocations; describe AutoScheduling and Journal Scheduling, describe the features and process of Journal Approval; identify the key issues and considerations when implementing the Auto Allocation workbench and Journal Entry Automation, etc.
• Intercompany – This objective includes describe the setup steps for Intercompany Accounting, enter Intercompany Transactions, etc.
• Global Intercompany System – This objective includes Set up GIS Subsidiaries, Create GIS Transaction Types, Define GIS Clearing Accounts and Autoaccounting Rules, etc.