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| Section | Weight | Objectives |
|---|
| Leveraging AI/ML/Mobile and Automation Features | 3% | - Use AI/ML/mobile and automation features for process efficiency
|
| Implementing Ledgers | 15% | - Ledger configuration
|
| Configuring Financial Reports | 15% | - Financial reporting options - Financial report and analysis creation
- 1. General Accounting infolets
|
| Implementing Enterprise and Financial Reporting Structures | 15% | - Configuration of Financial Reporting Structures - Key features and capabilities of Enterprise and Financial Reporting Structures
- 1. Chart of Accounts design
|
| Enabling Redwood Capabilities | 2% | - Enable Redwood capabilities and understand configuration impacts
|
| Processing Intercompany | 15% | - Intercompany transaction processing and reconciliation - Intercompany transaction configuration
|
| Implementing and Managing Journals | 20% | - Journal configuration - Key features and capabilities of journal processing
|
| Performing Period Close | 15% | - Period Close process overview - Period Close configuration
|
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Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional Sample Questions (Q95-Q100):
NEW QUESTION # 95
You are setting up Close Monitor for your organization. What is the key consideration when selecting the ledgers or ledger sets that form part of the Close Monitor hierarchy?
- A. The members of the Close Monitor hierarchy must all be primary ledgers or secondary ledgers.
- B. The members of the Close Monitor hierarchy must all share the same accounting convention.
- C. The members of the Close Monitor hierarchy must share a common Chart of Accounts and calendar.
Answer: C
NEW QUESTION # 96
Which two statements areTRUEregarding theBalances CubesinGeneral Ledger?
- A. They are updated automatically when the General Ledger period is opened.
- B. A new Balances Cube is created for a unique combination of Ledger and Currency.
- C. New dimensions can be added to a General Ledger Balances Cube.
- D. They are updated automatically when the Revaluation process is run.
- E. They are updated automatically when the Translation process is run.
Answer: A,E
NEW QUESTION # 97
Your company hascomplex consolidation requirementswithmultiple general ledger instances. You are usingOracle Hyperion Financial Managementto consolidate the disparateGeneral Ledgers.
You can typically map segments between yourgeneral ledger segmentto aHyperion Financial Management segment, such as:
Company to Entity
Department to Department
Account to Account
What happens to segments in yoursource general ledger, such asProgram, thatcannot be mappedtoHyperion Financial Management?
- A. Data is summarized across segments that are not mapped to Hyperion Financial Management.
- B. The data is not transferred.
- C. The unmapped segments default tofuture use segmentsin Hyperion Financial Management.
- D. Errors occur for unmapped segments. You must map multiple segments from source general ledgers to the target segment in Hyperion Financial Management.
Answer: A
NEW QUESTION # 98
Which two statements are true about the Intercompany Reconciliation report?
- A. It can be run using an additional currency and conversion rate that converts all amounts into a common currency for comparison.
- B. It includes ledger balancing lines generated when the primary balancing segment value (BSV) is in balance, but either the second or third BSVs are not.
- C. It displays the intercompany receivables and intercompany payables balances in summary for a period.
- D. It displays all clearing company balancing lines for a period.
- E. You can only drill down to the General Ledger journal and then from there to the Subledger journal entry.
Answer: A,C
Explanation:
The Intercompany Reconciliation report is a tool that helps you reconcile your intercompany transactions and identify any discrepancies between the provider and receiver sides. The report shows the entered or transaction amount of the accounting entries booked to the intercompany receivables and payables accounts for a pair of provider and receiver legal entities. The accounted amounts may be different when the conversion rates used for the intercompany receivables and payables are different. Therefore, you can run the report using an additional currency and conversion rate that converts all amounts into a common currency for comparison. This option helps you manage the currency risk and the conversion rate fluctuations for intercompany transactions. The report also displays the intercompany receivables and payables balances in summary for a period, and any differences between them. You can drill down on the links to view the balances by source and then by journal lines. You have full drill-down capabilities to the general ledger journal, subledger accounting entry, and source receivables or payables transaction. References:
Intercompany Reconciliation
Intercompany Reconciliation Reports
NEW QUESTION # 99
You are defining an income statement report using Financial Reporting Web Studio. Users of the report need to be able to analyze the balances directly from the report.
What should you enable to allow this?
- A. Drill Through in Grid Properties
- B. Allow Expansion in Report Functions
- C. Drill Down in Report Functions
Answer: A
NEW QUESTION # 100
......
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