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

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

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

2. How do you hide accounts with no balances showing #Missing in Smart view?

A) Select the Data/Missing check box in the Data Options tab
B) Use Excel functions to hide rows with #Missing assigned
C) This indicates a database connection issue
D) Choose the Suppress Zeros option under Data options

3. In Financial Cloud, which three reporting tools can be used to access General Ledger balances? (Choose three.)

A) Smart View
B) Oracle Transactions Business Intelligence
C) Application Composer
D) Oracle Enterprise Repository
E) Financial Reporting Studio

4. Which feature outside of reporting and analysis leverages the Essbase cube?

A) Journal entries and journal approval to create journals that update balances to the cube directly.
B) period closing and opening of ledgers to keep General Ledger Cloud and the Essbase cubes in sync
C) Calculation manager to perform allocations based on multidimensional balances and budgets
D) Revaluations and translation of revalue and translate currencies stored in the Essbase cube

5. You have a requirement for the Intercompany Provider and Receiver distribution account to be balance automatically for all intercompany transactions.
What should you configure?

A) the AutoAccounting Definition
B) Provider and Receiver distribution set -
C) Intercompany transaction type default accounts
D) the Transaction Account Definition g

Solutions: