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

1. On a primary ledger in the system options close section, the following field has been selected 'Prevent General Ledger Period Closure When Open Subledger Periods Exist'.
For which three subledgers can you opt out of the period close checking feature by using the lookup ORA_GL_INCLD_STRICT_PRD_CLOSE? (Choose three.)

A) Revenue Management
B) Receipt accounting
C) Order Management
D) Assets
E) Receivables

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

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

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

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

4. You are using the Create Budgets in a Spreadsheet option to load your budget balances into the General Ledger balances cube. Your FYXX Budget is not appearing in the Budget Name list of values.
What are two reasons for this?

A) Budgeting is not enabled in the Ledger options.
B) Transfer Budget Balances to Budget Cubes has not been run.
C) The Create Scenario Dimension Members program has not been run.
D) Publish Chart of Accounts Dimension Members and Hierarchies to the Balances Cube has not been run.
E) A value for the budget scenario is not created.

5. Which two statements are true about balances cubes in General Ledger?

A) New dimensions can be added to a General Ledger balances cube.
B) They are updated automatically when the Revaluation process is run.
C) A new balances cube is created for a unique combination of ledger and currency.
D) They are updated automatically when the Translation process is run.
E) They are updated automatically when the General Ledger period is opened.

Solutions: