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GL Interview Questions & Answers

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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GL Interview Questions & Answers

OracleŽ 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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What is the difference between gl_date,gl_posted

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What is the difference between discounts and adjustments?

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What is meant by ADI?

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Can I update/adjust an existing account range in my budget organization?

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What Subledgers does Oracle General Ledger 11i Drilldown support?

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What are cycles of GL, AP, and AR?

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What are the setup steps for AP, AR, and GL?

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How to import data to General Ledger by Feeder System?

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y types of invoices are there in AP and AR?

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

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

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Expain ADI and it's features

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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?

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What is a funding budget?

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In GL there is no org id. So how do we differentiate the data from different operating units ?

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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 ?

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What is the difference between cross-validation rules and security-rules?

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What are Summary Accounts and Rollup groups?

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How can we integrate AR or AP to GL ?

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What is an Invoice? How man

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Latest 20 Questions
Payment of time- barred debt is: (a) Valid (b) Void (c) Illegal (d) Voidable
Consideration is defined in the Indian Contract Act,1872 in: (a) Section 2(f) (b) Section 2(e) (c) Section 2(g) (d) Section 2(d)
Which of the following is not an exception to the rule, "No consideration, No contract": (a) Natural love and affection (b) Compensation for involuntary services (c) Completed gift (d) Agency
Consideration must move at the desire of: (a) The promisor (b) The promisee (c) The promisor or any other party (d) Both the promisor and the promisee
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



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