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Oracle Financials Cloud: General Ledger 2021 Implementation Essentials Sample Questions:

1. Which reporting tool is best suited for submitting high-volume transactions reports, such as Invoice Registers or Trial Balance reports, that can be configured to extract the data in Rich Text Format or xml?

A) Smart View
B) Financial Reporting Center
C) Oracle Data Visualization Cloud Service
D) Business Intelligence Publisher (BI Publisher)

2. You entered a journal and the client is asking for the following information: - the current Account balance - What the future account balance will be if the Journal is approved and poste how will you get this information?

A) Use Oracle Transactional Business Intelligence (OTBI) to query General Ledger Balances
B) Query the account balance online
C) View the Projected Balances region in the create Journals page.
D) Run a Trial Balance before and after posting

3. Your customer is implementing budgetary control with encumbrance accounting. Your customer has businesses is Australia, New Zealand, and Singapore with a ledger in each country with a Corporate Chart of Account instance that has four segments. Which three statements are true regarding the creation of a control budget?

A) A Control Budget Can be associated with a different calendar than accounting calendar.
B) A Control Budget can allow override rules only if the control level is absolute.
C) A control budget is associated to a ledger and creates three control budgets for Australia, New Zealand and Singapore.
D) The control Budget structure has all the chart of accounts segments as budget segments.
E) Control Budget are always absolute to generate encumbrance accounting.

4. You have a requirement for the Intercompany Provider and Receiver distribution account to be balance automatically for all intercompany transactions.
What should you configure?

A) Provider and Receiver distribution set -
B) Intercompany transaction type default accounts
C) the AutoAccounting Definition
D) the Transaction Account Definition g

5. You entered users who are both employees and contingent workers. You want an automated way to assign, reassign, and remove roles from users. What feature do you use?

A) YOU CANNOT REASSIGN CONTINGENT WORKERS
B) ACCESS POLICY MANAGER'S ROLE GENERATION
C) DATA ROLES
D) ORACLE IDENTITY MANAGER ROLES ASSIGNMENT
E) ROLE MAPPINGS

Solutions: