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

1. Which three reporting tools are based on real-time data or balances?

A) Smart view
B) Oracle Business Intelligence Applications (??IA)
C) Business Intelligence Publisher (BI Publisher)
D) Oracle Financial Reporting (FR)
E) Oracle Transactional Business Intelligence (OTBI)

2. You need to setup a calendar for fiscal year Apr-XX to Mar-YY where YY is the following year and you would like the periods to be named accounting to the year they fall in What Calendar format should you choose?

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

3. You have a requirement to have invoices generated for certain Intercompany transaction Where do you enable Invoicing?

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

4. Your client has been using Budgetary Control for six months. Now, they want to use the: spend Authorization After opting in the new feature Spend Authorization with Budgetary Control, what additional field actions need to be accomplished to activate this feature? .

A) Rebuild the GL Balances Cube
B) Enable Payment Request Subtypes
C) Rebuild the Budgetary Control Cube.
D) Create a Payment Process Profile
E) Enable spend authorization

5. When creating financial Reports which two tools use data from the General Ledger Balances Cube?

A) Financial Reporting Studio
B) Oracle Financial Statement Generator
C) Smart view
D) Financial Reporting Center

Solutions:

Question # 1 Answer: A,D,E

Question # 2 Answer: B

Question # 3 Answer: B

Question # 4 Answer: B,C,E

Question # 5 Answer: A,C