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

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

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

2. 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.

3. A subsidiary company is about to configure their General Ledger in a highly regulated country where there is a legal requirement to produce fiscal reports under local GAAP. Subledgers transferring to General Ledger must use the local currency, and there is a requirement to report to the parent company (not local currency) using International Financial Reporting Standards (IFRS).
Which two ledger types should be configured to fulfill this reporting requirement?

A) Primary ledger with the local accounting convention
B) Reporting currency with the IFRS accounting convention
C) Secondary ledger with the IFRS accounting convention
D) Reporting currency with the local accounting convention
E) Primary ledger with the IFRS accounting convention

4. You need to set up a calendar for the year Apr-XX to Mar-YY where YY is the following year, and you would like the periods to be named according to the year they fall in.
What format should you choose?

A) Calendar Year
B) Year
C) Fiscal Year
D) Period

5. Which delivered role can access the full functionality of Functional Setup Manager?

A) Functional Setup Manager Superuser
B) Any functional user
C) Application Implementation Manager
D) Application Implementation Consultant
E) IT Security Manager

Solutions: