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

1. There is a business requirement for a subsidiary company to report to the parent company on a monthly basis.
Given that:
The subsidiary is in another country from the parent.
There is no requirement to have daily balances.
The objective is to minimize the data stored in the reporting currency.
Which data conversion level should you recommend?

A) Journal Level
B) Balances Level
C) Adjustment only level
D) Subledger level
E) Spreadsheet level

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

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 saved it in the Shared Folder/Custom/Financials directory.
B) You have not uploaded it to Financial Reporting Center.
C) You have not saved it in the MyFolders directory.
D) You have not downloaded the report to your local drive.

4. You are using account hierarchies for reporting and allocations.
Which two statements are true about these types of hierarchies? (Choose two.)

A) Hierarchies for reporting and allocations have to be published to Essbase cubes.
B) Hierarchies for reporting and allocations do not have to be published to Essbase cubes.
C) Child values in these hierarchies can belong to only one parent.
D) You can have only one version of a hierarchy published to the Essbase cube at any time.

5. You are capturing rental costs for a building in a corporate cost center. At month end, you want to allocate those costs to the cost centers in the building based on the floor area occupied. A statistical journal has been entered to record the floor area. You use Calculation Manager to create the allocation.
Where do you reference the statistical balance within the allocation component?

A) Allocation Range
B) Target
C) Offset
D) Basis
E) Source

Solutions: