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

1. 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

2. After completing a business requirement mapping session, it has been decided that only single Currency Journals will be entered for this Company.
To achieve this requirement, on which two objects should you enable "Limit a Journal to a Single Currency"?
(Choose two.)

A) Journal lookup codes
B) Ledger options
C) Journal category
D) Journal sources
E) Profile option

3. Users with the General Accountant job role have reported that they are unable to access the UK Ledger. They require read/write access to the full ledger. The accounting configuration completed successfully.
What should you do to allow access to the ledger?

A) Create a data access set that allows access to the UK Ledger.
B) Assign the General Accounting Manager role to those users.
C) Assign the security context value of UK Ledger to the user/role combination.
D) Assign the UK reference set to the user/role combination.

4. You are using Oracle General Ledger (GL), Oracle Payables, and Oracle Receivables and you want to prevent the closure of the GL period if the corresponding subledger period is not closed. How do you achieve this?

A) Set the relevant option on the Specify Ledger Options page.
B) Set the ORA_GLJNCLD_STRICT_PRD_CLOSE profile option to yes.
C) Opt in to the Prevent Period Close option for the offering.
D) You don't have to do anything; this option is enabled automatically.

5. 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 Source
C) The layout-Template
D) The Sub_Template
E) The Data Model

Solutions: