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

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

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

2. You are setting up Close Monitor and want to view high-level profit and loss results for each ledger.
What should you associate with the ledger set to achieve this?

A) Account group
B) Financial Reporting Web Studio report
C) OTBI report
D) Trial Balance report

3. Which two are valid Data Access Set types? (Choose two.)

A) Read Only access
B) Primary Balancing Segment Value
C) Read and Write access
D) Full access
E) Full Ledger

4. Which two statements are true regarding the Intercompany Reconciliation Report? (Choose two.)

A) The report displays all clearing company balancing lines for a period.
B) The report includes Ledger balancing lines generated when the primary balancing segment value (BSV) is in balance, but either the second or third BSVs are not.
C) The report displays the intercompany receivables and intercompany payables balances in summary for a period.
D) You can only drill down to the general ledger journal and then from there to the subledger journal entry.
E) The report can be run using an additional currency and conversion rate that converts all amounts into a common currency for comparison.

5. Which two statements are true about infotiles and infolets?

A) You can create your own user-defined infolets.
B) Infolets are accessed only from the News Feed home page layout.
C) You can refresh infolets to see up-to-date data.
D) Infotiles pull data from a Smart View analysis.
E) Infotiles have Front view. Back view, and Expanded view.

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