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Oracle Financials Cloud: General Ledger 2021 Implementation Essentials Sample Questions:

1. You want to enter budget date in General Ledger Cloud, which method is not supported?

A) Entering Budget Journal
B) Direct budet balance updaes from a Financial Stement in smart view
C) File-based Data import
D) Application Development framework Desktop Integration (ADFdi)

2. How can your Accounting Manager expedite journal processing during the time-critical month-end close?

A) by running the Journals report using Business Intelligence Publisher
B) by using the Close Status monitor to drill down on the close status across ledgers
C) by using the Journals region to view journals Requiring Attention, Requiring Approval, and Pending Approval from Other
D) by creating an ad hoc query on journals using Oracle Transactional Business Intelligence (OTBI)

3. What type of user must be defined before you can create an Implementation Project?

A) None The OIM system administrator user ID, XELSYSADM, which is assigned by the person provisioning the system, has full access
B) A full-time employee that has the FSM Superuser role assigned
C) All roles that will be used throughout the implementationImplementation Users
D) None. The Fusion Applications Superuser, FAADMIN, has full access to create an ImplementationProject

4. you need to define a chart of accounts includes a intercompany segment. Your customer plans to use segment value security rules for the company segment. What is Oracle's recommended method to define this chart of accounts?

A) Define the company segment only and qualify it as both primary balancing segment and intercompany segment.
B) Share the same value set for the company and intercompany segments to reduce chart of accounts maintenance.
C) Use two different value sets for the company and intercompany segment because segment value security rules are at the value set level.
D) Define Two Different Chart of Accounts

5. Which two methods can your General Ledger accountants use to more easily view large amounts of data contained in the tables in their work areas? (Choose two.)

A) Use the Freeze on the tables to scroll through large amounts of data
B) Export the table to Excel
C) Detach the table to resize it to the maximum size of the monitor.
D) Run a Business Intelligence Publisher report with Excel as the output format

Solutions: