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| Section | Objectives |
|---|
| Security and Controls | - Audit and compliance controls - Role-based access control in General Ledger
|
| Journal Processing | - Journal creation and approval workflows - Recurring journals and allocations - Journal import and automation
|
| Financial Reporting | - Real-time reporting and analytics - Financial Statement Generator (FSG) and reporting tools
|
| General Ledger Configuration | - Chart of Accounts structure and segments - Ledger setup and accounting configuration - Accounting calendar and currency setup
|
| Period Close and Reconciliation | - Account reconciliation and balancing - Period close process in General Ledger
|
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Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional Sample Questions (Q113-Q118):
NEW QUESTION # 113
TheDelete Translated Balancesprocess provides the ability to completely reset translations in the event thatsignificant changesare made to the accounting configuration.
Once the deletion process completes, what additional process must you run?
- A. Submit the Create Scenario Dimension Members process to ensure that the balances cube maintains translated balances that are consistent with future translations.
- B. Submit the Create Currency Dimension Members process to ensure that the balances cube maintains translated balances that are consistent with future translations.
- C. Submit the Update General Ledger Balances Cube process to ensure that the balances cube maintains translated balances that are consistent with future translations.
- D. Submit the Create General Ledger Balances Cube process to ensure that the balances cube maintains translated balances that are consistent with future translations.
Answer: D
NEW QUESTION # 114
You define intercompany balancing rules that are applied to a specific source and category, such as Payables and Invoices, or a specific intercompany transaction type, such as Intercompany Sales.
Which statement on intercompany configuration is true?
- A. You can create a rule for all sources and categories by selecting the source "Other" and category "Other"
- B. You must define intercompany balancing rules for all sources, categories, and transaction types.
- C. Intercompany balancing evaluates the rules in the following order: ledger, legal entity, chart of accounts, and primary balancing segment value.
Answer: A
NEW QUESTION # 115
An Oracle Fusion Cloud customer has a complex enterprise structure that includes multiple legal entities in multiple countries. To match the intercompany balancing requirements, all four levels of rules have been defined. In user testing, the business experts are asking which rule will be considered first when balancing an intercompany journal?
- A. Ledger-level rule
- B. Legal entity-level rule
- C. Primary balancing segment rule
- D. Chart of accounts rule
Answer: C
Explanation:
When balancing an intercompany journal, Oracle Fusion Cloud will first look for a primary balancing segment rule that matches the provider and receiver primary balancing segment values. If such a rule exists, it will be used to generate the intercompany receivables and payables accounts. If not, Oracle Fusion Cloud will look for a chart of accounts rule, then a legal entity-level rule, and finally a ledger-level rule. The primary balancing segment rule has the highest priority and the ledger-level rule has the lowest priority.Reference:
Overview of Intercompany Balancing Rules
Intercompany Balancing Rules
Troubleshooting Guide For Intercompany Balancing
Example of Generating Intercompany Receivables and Intercompany Payables Accounts
NEW QUESTION # 116
In which two ways can your users personalize the Springboards and Work Areas to suit their individual working styles? (Choose two.)
- A. They can have the System Administrator configuring pages for them using Page Composer
- B. They can format certain tables by hiding and showing columns, moving columns, and resizing columns
- C. Users have very little control configuring their Springboards and Work Areas; they can only resize columns
- D. They can use "+" under the Apps section of the News Feed homepage
Answer: B,D
Explanation:
According to Oracle documentation2, your users can personalize the Springboards and Work Areas to suit their individual working styles in these two ways: They can format certain tables by hiding and showing columns, moving columns, and resizing columns, and they can use "+" under the Apps section of the News Feed homepage. Springboards and Work Areas are user interface components that enable users to access tasks and information relevant to their roles. Users can customize these components by adding or removing tiles, changing layouts, filtering data, and formatting tables. Therefore, options A and D are correct. Option B is incorrect because users have more control over configuring their Springboards and Work Areas than just resizing columns. Option C is incorrect because users do not need to have the System Administrator configuring pages for them using Page Composer.
NEW QUESTION # 117
You have a requirement to override the Period End or Period Average rate that is used for translating several accounts at month end. How can you achieve this?
- A. Use the Manage Historical Rates task to assign a historical rate or amount to those accounts.
- B. Use the Translate Balances process parameters to specify the rate or amount for those accounts.
- C. Use the Manage Revaluations task to create a revaluation definition for those accounts.
Answer: A
NEW QUESTION # 118
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