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Updated: Jun 02, 2026
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Oracle Financials Cloud: General Ledger 2023 Implementation Professional Sample Questions:
1. You are using the Create Budgets in a Spreadsheet option to load your budget balances into the General Ledger balances cube. Your FYXX Budget is not appearing in the Budget Name list of values.
What are two reasons for this?
A) Publish Chart of Accounts Dimension Members and Hierarchies to the Balances Cube has not been run.
B) Transfer Budget Balances to Budget Cubes has not been run.
C) The Create Scenario Dimension Members program has not been run.
D) A value for the budget scenario is not created.
E) Budgeting is not enabled in the Ledger options.
2. You want your sales representatives to be able to find points of interest, such as customers, while out on business. What should you enable to achieve this?
A) Geocoding
B) Validation
C) Address Cleansing
D) HZ_GEO_IDENTIFIER_SUBTYPE Lookup
3. In which two ways can your users personalize the Springboards and Work Areas to suit their individual working styles? (Choose two.)
A) They can format certain tables by hiding and showing columns, moving columns, and resizing columns
B) They can use "+" under the Apps section of the News Feed homepage
C) Users have very little control configuring their Springboards and Work Areas; they can only resize columns
D) They can have the System Administrator configuring pages for them using Page Composer
4. A subsidiary company is about to configure their General Ledger in a highly regulated country where there is a legal requirement to produce fiscal reports under local GAAP. Subledgers transferring to General Ledger must use the local currency, and there is a requirement to report to the parent company (not local currency) using International Financial Reporting Standards (IFRS).
Which two ledger types should be configured to fulfill this reporting requirement?
A) Reporting currency with the local accounting convention
B) Reporting currency with the IFRS accounting convention
C) Secondary ledger with the IFRS accounting convention
D) Primary ledger with the local accounting convention
E) Primary ledger with the IFRS accounting convention
5. You are using account hierarchies for reporting and allocations.
Which two statements are true about these types of hierarchies? (Choose two.)
A) Child values in these hierarchies can belong to only one parent.
B) Hierarchies for reporting and allocations do not have to be published to Essbase cubes.
C) Hierarchies for reporting and allocations have to be published to Essbase cubes.
D) You can have only one version of a hierarchy published to the Essbase cube at any time.
Solutions:
| Question # 1 Answer: C,D | Question # 2 Answer: A | Question # 3 Answer: A,B | Question # 4 Answer: C,D | Question # 5 Answer: A,D |
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