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

1. You are planning to create an Income Statement using Smart View.
Which Smart View tool should you use for this?

A) Smart Queries
B) Smart Slices
C) Query Designer
D) Ad Hoc Analysis

2. 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) Spreadsheet level
C) Adjustment only level
D) Subledger level
E) Balances Level

3. Your company has complex consolidation requirements with multiple General Ledger instances. You are using Oracle Hyperion Financial Management to consolidate the disparate General Ledgers. You can typically map segments between your General Ledger segment to a Hyperion Financial Management segment, such as Company to Entity, Department to Department, and Account to Account What happens to segments in your source General Ledger, such as Program, that cannot be mapped to Hyperion Financial Management?

A) Errors occur for unmapped segments. You must map multiple segments from source General Ledgers to the target segment in Hyperion Financial Management.
B) No data is transferred.
C) Data is summarized across segments that are not mapped to Hyperion Financial Management.
D) The unmapped segments default to future use segments in Hyperion Financial Management.

4. Which three factors should you consider while specifying Intercompany System options?

A) Whether to enforce an enterprise-wide currency or allow intercompany transactions in local currencies
B) Automatic or manual batch numbering and the minimum transaction amount
C) Whether to allow receivers to reject intercompany transactions
D) Automatic or manual batch numbering and the maximum transaction amount
E) Approvers who will approve intercompany transactions

5. In which two ways can your users personalize the Springboards and Work Areas to suit their individual working styles? (Choose two.)

A) They can use "+" under the Apps section of the News Feed homepage
B) Users have very little control configuring their Springboards and Work Areas; they can only resize columns
C) They can format certain tables by hiding and showing columns, moving columns, and resizing columns
D) They can have the System Administrator configuring pages for them using Page Composer

Solutions: