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

1. Which two statements are true regarding the Translation process? (Choose two.)

A) If necessary, before submitting the Translation process, the Revaluation process should be completed.
B) Any resulting offset from the translation is entered in the Cumulative Translation Adjustment account.
C) The Translation process can only be used to translate balance sheet accounts.
D) The Translation process can only be used for translating the balances of Secondary ledgers.
E) The Translation process should be run before posting Period Close adjustment entries.

2. The Cloud Client wants to add a global branding logo and more predefined transactional attributes to the journal approval email notification.
Which two Business Intelligence catalog objects should you copy (or customize) and edit? (Choose two.)

A) Output type
B) The Data Source
C) The layout-Template
D) The Sub_Template
E) The Data Model

3. When will Intercompany processing balance a journal using the accounts identified here for the UK Ledger?

A) when the journal is balanced by the primary BSV but not by second or third BSV
B) when the journal is balanced by second balancing segment value
C) when the journal is not balanced by the primary balancing segment value (BSV)
D) when there is a many-to-many journal and you want to use a clearing company

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

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

5. You need to define a chart of accounts that includes an intercompany segment. Your customer plans to use segment value security rules for the Company segment.
What is Oracle's recommended method to define this chart of accounts?

A) Share the same value set for the company and intercompany segments.
B) Define the company segment and assign both the primary balancing segment and intercompany segment labels.
C) Create two different value sets for the company and intercompany segments.
D) Define the intercompany segment with a default value.

Solutions: