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

1. You are trying to run a Financial Reporting Web Studio report from Financial Reporting Center. However, it is not appearing as a choice.
Which are two reasons for this? (Choose two.)

A) You have not saved it in the MyFolders directory.
B) You have not uploaded it to Financial Reporting Center.
C) You have not downloaded the report to your local drive.
D) You have not saved it in the Shared Folder/Custom/Financials directory.

2. You are using the Create Budgets in a Spreadsheet option to load your budget balances into the General Ledger balances cube. Your FYXX Budget is not appearing in the Budget Name list of values.
What are two reasons for this?

A) Transfer Budget Balances to Budget Cubes has not been run.
B) The Create Scenario Dimension Members program has not been run.
C) Budgeting is not enabled in the Ledger options.
D) Publish Chart of Accounts Dimension Members and Hierarchies to the Balances Cube has not been run.
E) A value for the budget scenario is not created.

3. After completing a business requirement mapping session, it has been decided that only single Currency Journals will be entered for this Company.
To achieve this requirement, on which two objects should you enable "Limit a Journal to a Single Currency"?
(Choose two.)

A) Ledger options
B) Profile option
C) Journal sources
D) Journal category
E) Journal lookup codes

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

5. Challenge 2
Manage Shorthand Aliases
Scenario
Your client intends to utilize the Shorthand Aliasfeature and would like to see how the aliases willappear when entering transactions.
Task 2
Create a shorthand alias for the US Chart of Accounts to record Revenue Domestic for Supremo Fitness, Line of Business 2, and US Operations Cost Center.

Note:
. Prefix your alias name with 07, where 07 is your exam ID.
. There is no Product or Intercompany impact.

Solutions: