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

1. Manage Chart of Accounts Structure and Instance
Scenario
Your client is implementing Oracle Fusion Cloud Financials. The decision is to have a 5-segment Chart of Accounts: Company, Cost Center, Account, Product, and Intercompany. You are working in the General Ledger team and will be responsible for creating the Chart of Accounts Structure and Instance for the Chart of Accounts.
Task 1
Create a Chart of Accounts Structure and Instance for the following Chart of Accounts:

Note:
Prefix all your setups with 07, where 07 is your candidate ID
There is one balancing segment.
Choose the appropriate segment labels.
. For the purpose of this test there is no need to deploy the flexfield.
. Valid code combinations should be added to the Code Combination table automatically.
Shorthand aliases will not be implemented.
. Accept the defaults for the instance segments.

2. What are two uses of the Column Flattening and Row Flattening features? (Choose two.)

A) View information for runtime performance.
B) Set the status of a tree to active.
C) Optimize parent/child relationships.
D) Verify correctness of trees.
E) Create additional versions of a tree.

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) Journal level
C) Subledger level
D) FBDI level
E) Balance level

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

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

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

Solutions: