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

2. Which delivered role can access the full functionality of Functional Setup Manager?

A) IT Security Manager
B) Any functional user
C) Application Implementation Consultant
D) Application Implementation Manager
E) Functional Setup Manager Superuser

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

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

5. Your ledger currency is USD. At month end you have a balance on the Accounts Payable Liability Account of
100,000 Euros which is equivalent to USD 136,550. This balance needs to be revalued.
The month end exchange rate for revaluation is 1 Euro = 1.3755 USD.
What two statements are true for the resulting revaluation run? (Choose two.)

A) There is no unrealized exchange gain or loss calculated.
B) You have an unrealized exchange loss recorded.
C) The original journal entry in Euros is updated.
D) The original journal entry in Euros remains the same.
E) You have an unrealized exchange gain recorded.

Solutions: