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

1. Journal Description Rules are assigned to Subledger Journal Entry Rule Sets. What are the other three subcomponents of a Subledger Journal Entry Rule Set? (Choose three.)

A) Chart of Accounts
B) Supporting References
C) Journal Line Rules
D) Accounting Date
E) Account Rules

2. You want to be notified of anomalies in certain account balances in real time. What is the most efficient way to do this?

A) Create an Account Group using Account Monitor
B) Open a Smart View file saved on your desktop
C) Perform an account analysis online
D) Use Account Inspector

3. Which two statements are true regarding infotiles and infolets?

A) Infolets are accessed only from the Newsfeed homepage layout.
B) You can refresh infolets to see up-to-date data.
C) Infotiles pull data from Oracle Transactional Business Intelligence Analyses.
D) Infotiles have Front view, Back view, and Expanded view.
E) You can create your own user defined Infolets.

4. Which two statements are true regarding the export/import of reports?

A) A set of reports are provided for both exported and imported setup data to validate the export/import processes and setup data.
B) To view errors encountered during the export or import Process, you must use SQL queries to obtain that data because no reports exist.
C) Reports on setup data can be used to compare and analyze how the data might have changed over time.
D) The export/import reports are available only for Fusion Customer Relationship Management.
E) A set of reports lists user names, suppliers, and customers that have been exported/imported.

5. Which feature outside of reporting and analysis leverages the Essbase cube?

A) Journal entries and journal approval to create journals that update balances to the cube directly.
B) period closing and opening of ledgers to keep General Ledger Cloud and the Essbase cubes in sync
C) Revaluations and translation of revalue and translate currencies stored in the Essbase cube
D) Calculation manager to perform allocations based on multidimensional balances and budgets

Solutions: