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

1. You have redesigned your chart of accounts and need to update your existing cross-validation rules. There is a requirement for new rules; some simply need to be updated and others need to be deleted.
What is the most efficient way to achieve this?

A) by using the Manage Cross-Validation Rules page.
B) by creating Cross-Validation Rules desktop-integrated spreadsheet.
C) by using the Manage General Ledger Security page.
D) by using Cross-Validation Rules Import file-based data import (FBDI).

2. You need to define a chart of accounts that includes an 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) Create two different value sets for the company and intercompany segments.
B) Define the company segment and assign both the primary balancing segment and intercompany segment labels.
C) Share the same value set for the company and intercompany segments.
D) Define the intercompany segment with a default value.

3. 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.

4. You can run predefined reports to reconcile subledger application balances to General Ledger balances. Which attribute must you set up on the Manage Values page for chart of accounts segment values so that you can run the Payables to General Ledger Reconciliation report or Receivables to General Ledger Reconciliation report?'

A) Third Party Control Account
B) Start Date
C) End Date
D) Reconcile
E) Financial Category

5. You notice that a lot of erroneous address data is being saved. How do you ensure that only valid addresses are entered in the system?

A) Redefine the geography hierarchy.
B) Redefine the location structure.
C) Define the Geography Validation for Country option to Error.
D) Define the Geography Validation for Country option to No Validation.

Solutions: