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

1. A company implementing Oracle General Ledger has a business requirement to report under two accounting conventions and is considering setting up a primary and secondary ledger. The two accounting standards are very close.
Which data conversion level should you recommend to ensure only manual journals will be entered in the secondary ledger?

A) FBDI level
B) Journal level
C) Subledger level
D) Adjustment only level
E) Balance level

2. In which two ways can your users personalize the Springboards and Work Areas to suit their individual working styles? (Choose two.)

A) Users have very little control configuring their Springboards and Work Areas; they can only resize columns
B) They can format certain tables by hiding and showing columns, moving columns, and resizing columns
C) They can have the System Administrator configuring pages for them using Page Composer
D) They can use "+" under the Apps section of the News Feed homepage

3. Which two statements are true regarding the Intercompany Reconciliation Report? (Choose two.)

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

4. When will Intercompany processing balance a journal using the accounts identified here for the UK Ledger?

A) when the journal is not balanced by the primary balancing segment value (BSV)
B) when the journal is balanced by the primary BSV but not by second or third BSV
C) when there is a many-to-many journal and you want to use a clearing company
D) when the journal is balanced by second balancing segment value

5. Which delivered role can access the full functionality of Functional Setup Manager?

A) IT Security Manager
B) Any functional user
C) Application Implementation Consultant
D) Functional Setup Manager Superuser
E) Application Implementation Manager

Solutions: