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

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

2. 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) Spreadsheet level
C) Balances Level
D) Subledger level
E) Journal Level

3. Which two allow access to the BI Catalog for creating an Oracle Transactional Business Intelligence analysis?
(Choose two.)

A) Reports and Analytics
B) Business Process Management Workspace
C) Enterprise Performance Management Workspace
D) Scheduled Processes
E) Universal Content Management Workspace

4. In which two ways can your users personalize the Springboards and Work Areas to suit their individual working styles? (Choose two.)

A) They can format certain tables by hiding and showing columns, moving columns, and resizing columns
B) They can have the System Administrator configuring pages for them using Page Composer
C) Users have very little control configuring their Springboards and Work Areas; they can only resize columns
D) They can use "+" under the Apps section of the News Feed homepage

5. Which two statements are true about the Intercompany Reconciliation report?

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

Solutions: