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

1. What are two uses of the Column Flattening and Row Flattening features? (Choose two.)

A) Set the status of a tree to active.
B) Create additional versions of a tree.
C) Optimize parent/child relationships.
D) Verify correctness of trees.
E) View information for runtime performance.

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

3. The Cloud Client wants to add a global branding logo and more predefined transactional attributes to the journal approval email notification.
Which two Business Intelligence catalog objects should you copy (or customize) and edit? (Choose two.)

A) Output type
B) The Data Model
C) The Sub_Template
D) The layout-Template
E) The Data Source

4. An Oracle Fusion Cloud customer has a complex enterprise structure that includes multiple legal entities in multiple countries. To match the intercompany balancing requirements, all four levels of rules have been defined. In user testing, the business experts are asking which rule will be considered first when balancing an intercompany journal?

A) Primary balancing segment rule
B) Ledger-level rule
C) Legal entity-level rule
D) Chart of accounts rule

5. On a primary ledger in the system options close section, the following field has been selected 'Prevent General Ledger Period Closure When Open Subledger Periods Exist'.
For which three subledgers can you opt out of the period close checking feature by using the lookup ORA_GL_INCLD_STRICT_PRD_CLOSE? (Choose three.)

A) Revenue Management
B) Order Management
C) Assets
D) Receivables
E) Receipt accounting

Solutions: