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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) Ad Hoc Analysis
D) Query Designer

2. You notice that a lot of erroneous address data is being saved. How do you ensure that only valid addresses are entered in the system?

A) Redefine the location structure.
B) Redefine the geography hierarchy.
C) Define the Geography Validation for Country option to Error.
D) Define the Geography Validation for Country option to No Validation.

3. You have a requirement to have invoices generated for certain Intercompany transactions.
Where do you enable invoicing?

A) the transaction source
B) the transaction category
C) the transaction batch
D) the transaction type

4. 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) Subledger level
B) Journal Level
C) Spreadsheet level
D) Adjustment only level
E) Balances Level

5. When creating your financial statements, you want a chart such as a bar graph to be included in the report output. Which two reporting tools allow you to achieve this?

A) Smart View
B) Financial Statement Generator
C) Account Inspector
D) Financial Reporting Studio

Solutions: