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

1. The Budget Manager specify the budget accounts they want to monitor and decide on percentage threshold of funds availability. Where must you define the details while analyzing budget balances in the budget Account Monitor Page?

A) Account Group
B) Budget Account Group
C) Application Development Framework Desktop Integration (Adfdi)
D) Budget Group
E) Budget Controller

2. Your new accountants have been making mistakes in reconciling accounts assigned to them. Your account balances have either spiked or dropped 30-40% every period due to human error. This causes delays in reconciliation. What feature can you use to be proactively notified of account anomalies in a more timely manner?

A) Account Inspector and its charts
B) Account Monitor
C) Financial Reports with Embedded charts
D) Smart View

3. Your Customer requires physical invoice to be generated in payables Cloud and Receivable Cloud for the intercompany payables and receivable transactions. Which two statements are correct with regards to selling this up?

A) You must assign the corresponding Receivables and Payables Business Units.
B) you can only associate one Intercompany Organization per legal Entity.
C) You must have implemented Payables Cloud and Receivables Cloud.
D) you only need to assign the legal entity and organization chart

4. What Is Oracle Essbase?

A) A data ware house
B) A robust reporting and analysis tool
C) A relational database
D) A multidimensional Online Analytical Processing (OLAP) server that is embedded in Fusion GeneralLedger

5. Which two methods can your General Ledger accountants use to more easily view large amounts of data contained in the tables in their work areas? (Choose two.)

A) Run a Business Intelligence Publisher report with Excel as the output format
B) Use the Freeze on the tables to scroll through large amounts of data
C) Detach the table to resize it to the maximum size of the monitor.
D) Export the table to Excel

Solutions: