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

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

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

3. When will Intercompany processing balance a journal using the accounts identified here for the UK Ledger?

A) when the journal is balanced by the primary BSV but not by second or third BSV
B) when the journal is balanced by second balancing segment value
C) when there is a many-to-many journal and you want to use a clearing company
D) when the journal is not balanced by the primary balancing segment value (BSV)

4. Users with the General Accountant job role have reported that they are unable to access the UK Ledger. They require read/write access to the full ledger. The accounting configuration completed successfully.
What should you do to allow access to the ledger?

A) Assign the General Accounting Manager role to those users.
B) Create a data access set that allows access to the UK Ledger.
C) Assign the UK reference set to the user/role combination.
D) Assign the security context value of UK Ledger to the user/role combination.

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

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

Solutions: