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GL Interview Questions

Below we have listed all the GL Interview Questions and answers. Feel free to comment on any GL Interview Questions or answer by the comment feature available on the page.

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Oracle? General Ledger is a comprehensive financial management solution that provides highly automated financial processing, effective management control, and real-time visibility to financial results. It provides everything you need to meet financial compliance and improve your bottom line. Oracle General Ledger provides highly automated financial processing, and tools for effective management control and real-time visibility to financial results.

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Get the following message on Drilldown - Function not available to this responsibility. Change responsibility or contact your system administrator.

4.2 Rating
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What are cycles of GL, AP, and AR?

3.6 Rating
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At what stage is the subledger data posted to GL ?

4.9 Rating
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How to import data to General Ledger by Feeder System?

4.8 Rating
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What is meant by ADI?

4.8 Rating
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What is the difference between GL date and GL posted date in GL ?

4.5 Rating
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What is Consolidation in GL?

3.7 Rating
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What is the difference between GL date and GL posted date in GL module ?

4.8 Rating
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What is FSG and its use ???

4.1 Rating
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What is planing budget

4.1 Rating
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Is there a limit to the number of periods in a budget year or how many years a budget can span?

3.8 Rating
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What is the difference between gl_date,gl_posted

3.0 Rating
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I was able to post a budget journal to a closed period, why?

4.9 Rating
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What is the difference between discounts and adjustments?

4.5 Rating
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Why cant interest rates be set uniqely supplierwise in payables module.whereas interest rate is applied to all suppliers the same rate.

4.5 Rating
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What Subledgers does Oracle General Ledger 11i Drilldown support?

3.9 Rating
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Why don't my budget amounts appear on FSGs?

4.0 Rating
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What is Set of Books? What are the four conditions when you change your SOBs

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What is the difference between GL date and GL posted date ?

4.2 Rating
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In GL there is no org id. So how can we differentiate the data different operating units when no other modules are given ?

4.3 Rating
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Latest 20 Questions
An offer which is open for acceptance over a period of time is: (a) Cross Offer (b) Counter Offer (c) Standing Offer (d) Implied Offer
Specific offer can be communicated to__________ (a) All the parties of contract (b) General public in universe (c) Specific person (d) None of the above
_________ amounts to rejection of the original offer. (a) Cross offer (b) Special offer (c) Standing offer (d) Counter offer
A advertises to sell his old car by advertising in a newspaper. This offer is caleed: (a) General Offer (b) Special Offer (c) Continuing Offer (d) None of the above
In case a counter offer is made, the original offer stands: (a) Rejected (b) Accepted automatically (c) Accepted subject to certain modifications and variations (d) None of the above
In case of unenforceable contract having some technical defect, parties (a) Can sue upon it (b) Cannot sue upon it (c) Should consider it to be illegal (d) None of the above
If entire specified goods is perished before entering into contract of sale, the contract is (a) Valid (b) Void (c) Voidable (d) Cancelled
______________ contracts are also caled contracts with executed consideration. (a) Unilateral (b) Completed (c) Bilateral (d) Executory
A offers B to supply books @ Rs 100 each but B accepts the same with condition of 10% discount. This is a case of (a) Counter Offer (b) Cross Offer (c) Specific Offer (d) General Offer
_____________ is a game of chance. (a) Conditional Contract (b) Contingent Contract (c) Wagering Contract (d) Quasi Contract
There is no binding contract in case of _______ as one's offer cannot be constructed as acceptance (a) Cross Offer (b) Standing Offer (c) Counter Offer (d) Special Offer
An offer is made with an intention to have negotiation from other party. This type of offer is: (a) Invitation to offer (b) Valid offer (c) Voidable (d) None of the above
When an offer is made to the world at large, it is ____________ offer. (a) Counter (b) Special (c) General (d) None of the above
Implied contract even if not in writing or express words is perfectly _______________ if all the conditions are satisfied:- (a) Void (b) Voidable (c) Valid (d) Illegal
A specific offer can be accepted by ___________. (a) Any person (b) Any friend to offeror (c) The person to whom it is made (d) Any friend of offeree
An agreement toput a fire on a person's car is a ______: (a) Legal (b) Voidable (c) Valid (d) Illegal
"Holiday Packages" announced as an advertisement are an example of _________: (a) Offer (b) Counter Offer (c) Invitation to Offer (d) None of the above
A match fixing contract between a player and a broker is a: (a) Valid Contract (b) Unenforceable Contract (c) Void Contract (d) Illegal Contract
When a bookseller sells a book on cash payment then it is called as ___________: (a) Unilateral Contract (b) Bilateral Contract (c) Executed Contract (d) Executory Contract
____________ agreements are created by situation: (a) Written (b) Oral (c) Void (d) Implied
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