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Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional Sample Questions:

1. You have enabled budgetary control and have a control budget set toAdvisorycontrol level. For September
2016, your budget for a given account combination is$5,000 USD.
In the same month, there is anapproved requisitionfor that account of$900and anapproved purchase orderfor that account of$2,500 USD. There is also aGeneral Ledger adjustment journal entryfor that account of$1,600 USD. Anapproved purchase order line of $400 USDis thencanceled.
Aninvoice is matchedto the purchase order for$2,100 USD.
Which two statements are true? (Choose two.)

A) Purchase order encumbrance will be released for $2,100 USD.
B) The system always consumes the budget of future periods if the limit for the current period is expired, so October 2016 budget will be considered for reservation.
C) Funds reservation only happens for non-matched invoices, so the system will not reserve funds.
D) As there are cancellations for $400 USD, the system will partially reserve the funds in September 2016 and fully reserve it in October 2016.


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


3. You want your sales representatives to be able to find points of interest, such as customers, while out on business. What should you enable to achieve this?

A) Address Cleansing
B) Geocoding
C) Validation
D) HZ_GEO_IDENTIFIER_SUBTYPE Lookup


4. The Vision Corporation Chart of Accounts is used by four ledgers, two of which share the same calendar and the other two have their own distinct calendars.
How many balances cubes are automatically created?

A) Three balances cubes
B) Two balances cubes
C) Four balances cubes
D) One balances cube


5. For translation purposes, the Financials reporting team has decided to load the monthly Historical currency rates by using File-Based Data Interface (FBDI).
What happens to the existing historical rate for a specific ledger, currency, account combination, and accounting period if they use insert in the spreadsheet?

A) Nothing, existing historical rates are not updated.
B) The historical rate is replaced.
C) The existing historical rate is deleted.
D) Historical rates are converted into an average rate (original and new rate).


Solutions:

Question # 1
Answer: A,D
Question # 2
Answer: B,E
Question # 3
Answer: B
Question # 4
Answer: A
Question # 5
Answer: B

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