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

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

A) You can only drill down to the General Ledger journal and then from there to the Subledger journal entry.
B) It displays all clearing company balancing lines for a period.
C) It can be run using an additional currency and conversion rate that converts all amounts into a common currency for comparison.
D) 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.
E) It displays the intercompany receivables and intercompany payables balances in summary for a period.

2. Which three factors should you consider while specifying Intercompany System options?

A) Whether to allow receivers to reject intercompany transactions
B) Automatic or manual batch numbering and the maximum transaction amount
C) Automatic or manual batch numbering and the minimum transaction amount
D) Approvers who will approve intercompany transactions
E) Whether to enforce an enterprise-wide currency or allow intercompany transactions in local currencies

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

4. In the implementation project, there is a requirement to add new transactional attributes to the journal approval notification.
Which two Business Intelligence catalog objects should you copy (or customize) and edit? (Choose two.)

A) The layout Template
B) The Sub Template
C) The Style Template
D) Output type
E) The Data Model

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

Solutions: