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

1. Management wants to use the budget transfer function available on the Review Budgetary control Which privilege is required to perform the budget transfer?

A) Manage Control Budgets (XCC_HANAGI_CONIROL_BUDGrs.PRIV)
B) Import Budget Amount from Spreadsheet (XCC_IMPORT_BUDET_FROM_SPREADSHEET_PRIV)
C) Import Budget Amounts (XCC_IMPORT_BUDGET_AMOUNTS_PRIV)
D) Budget Loading (XCC_BUDGET_LOADING_DUiPRIV)

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

3. You need to build a complex account rule. Which four value types can you use in your definition?

A) Account Combination
B) Constant
C) Existing Account Rule
D) Value Set
E) Source
F) Mapping Set

4. There is a business requirement for a subsidiary company to report to the parent company basis.
Given that:
The subsidiary is in another country from the parent.
There is no requirement to have daily balances.
The objective is to minimize the data stored in the reporting currency.
Which data conversion level should you recommend?

A) Journal Level
B) Adjustment only level
C) Balances Level
D) Spreadsheet level
E) Subledger level

5. Alter submitting the journal for approval, you realize that the department value in the journal incorrect.
How do you correct the value?

A) Reverse the journaland create a new one
B) Delete the journal and create a new journal
C) Click the Withdraw Approval button in the Edit Journals page and edit the journal
D) Update the journal through workflow

Solutions: