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

1. Which two statements are true about infotiles and infolets?

A) Infotiles have Front view. Back view, and Expanded view.
B) You can create your own user-defined infolets.
C) Infolets are accessed only from the News Feed home page layout.
D) Infotiles pull data from a Smart View analysis.
E) You can refresh infolets to see up-to-date data.

2. You have a requirement to have invoices generated for certain Intercompany transactions.
Where do you enable invoicing?

A) the transaction source
B) the transaction category
C) the transaction type
D) the transaction batch

3. Which two statements are true regarding the Translation process? (Choose two.)

A) If necessary, before submitting the Translation process, the Revaluation process should be completed.
B) The Translation process can only be used to translate balance sheet accounts.
C) The Translation process can only be used for translating the balances of Secondary ledgers.
D) Any resulting offset from the translation is entered in the Cumulative Translation Adjustment account.
E) The Translation process should be run before posting Period Close adjustment entries.

4. You have three ledgers that use the same chart of accounts with one intercompany payable and one intercompany receivable account. The chart of accounts also has an intercompany segment. Each ledger has one legal entity assigned to it and each legal entity is associated with one balancing segment value.
At what level should you define the default intercompany balancing rule?

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

5. You are trying to run a Financial Reporting Web Studio report from Financial Reporting Center. However, it is not appearing as a choice.
Which are two reasons for this? (Choose two.)

A) You have not uploaded it to Financial Reporting Center.
B) You have not saved it in the MyFolders directory.
C) You have not saved it in the Shared Folder/Custom/Financials directory.
D) You have not downloaded the report to your local drive.

Solutions: