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Oracle Financials Cloud: General Ledger 2023 Implementation Professional Sample Questions:

1. Your customer has a number of Chart of Account Mapping Rules for their Primary and Secondary ledgers.
You decide to use the FBDI template to load the rules.
Which two statements are true when using this method of entry? (Choose two.)

A) You can download the template only from the Manage Chart of Accounts Mappings page.
B) You can create, update, and delete account rules for a chart of accounts mapping.
C) You can create, update, and delete segment rules for a chart of accounts mapping.
D) It supports external integration using REST services.

2. When creating your financial statements, you want a chart such as a bar graph to be included in the report output. Which two reporting tools allow you to achieve this?

A) Account Inspector
B) Financial Statement Generator
C) Smart View
D) Financial Reporting Studio

3. You want your sales representatives to be able to find points of interest, such as customers, while out on business. What should you enable to achieve this?

A) Geocoding
B) Validation
C) HZ_GEO_IDENTIFIER_SUBTYPE Lookup
D) Address Cleansing

4. Which two statements are true about the Intercompany Reconciliation report?

A) It displays all clearing company balancing lines for a period.
B) It includes ledger balancing lines generated when the primary balancing segment value (BSV) is in balance, but either the second or third BSVs are not.
C) It displays the intercompany receivables and intercompany payables balances in summary for a period.
D) You can only drill down to the General Ledger journal and then from there to the Subledger journal entry.
E) It can be run using an additional currency and conversion rate that converts all amounts into a common currency for comparison.

5. There is a business requirement for a subsidiary company to report to the parent company on a monthly basis.
Given that:
The subsidiary is in another country from the parent.
There is no requirement to have daily balances.
The objective is to minimize the data stored in the reporting currency.
Which data conversion level should you recommend?

A) Journal Level
B) Adjustment only level
C) Balances Level
D) Subledger level
E) Spreadsheet level

Solutions: