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Oracle Financials Cloud Oracle Financials Cloud: General Ledger 2026 Implementation Professional

Oracle Financials Cloud: General Ledger 2026 Implementation Professional

Last Update Jul 4, 2026
Total Questions : 143

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Questions 2

When constructing a new chart of accounts instances, it has been decided to control the list of values within certain segments, with the use of related value sets.

When defining new related value sets, which three configuration steps should be considered?

Options:

A.  

Link two value sets together

B.  

Use independent validation type value sets only

C.  

Order of the segments determines filtering sequence

D.  

Use table validated type value sets only

E.  

Link multiple value sets together

F.  

Order of the segments does not determine filtering sequence.

Discussion 0
Questions 3

You have enabled budgetary control and have a control budget set toAdvisorycontrol level. For September 2016, your budget for a given account combination is$5,000 USD.

In the same month, there is anapproved requisitionfor that account of$900and anapproved purchase orderfor that account of$2,500 USD. There is also aGeneral Ledger adjustment journal entryfor that account of$1,600 USD. Anapproved purchase order line of $400 USDis thencanceled.

Aninvoice is matchedto the purchase order for$2,100 USD.

Which two statements are true? (Choose two.)

Options:

A.  

As there are cancellations for $400 USD, the system will partially reserve the funds in September 2016 and fully reserve it in October 2016.

B.  

The system always consumes the budget of future periods if the limit for the current period is expired, so October 2016 budget will be considered for reservation.

C.  

Funds reservation only happens for non-matched invoices, so the system will not reserve funds.

D.  

Purchase order encumbrance will be released for $2,100 US

D.  

Discussion 0
Questions 4

For translation purposes, the Financials reporting team has decided to load the monthly Historical currency rates by using File-Based Data Interface (FBDI).

What happens to the existing historical rate for a specific ledger, currency, account combination, and accounting period if they use insert in the spreadsheet?

Options:

A.  

Historical rates are converted into an average rate (original and new rate).

B.  

The existing historical rate is deleted.

C.  

Nothing, existing historical rates are not updated.

D.  

The historical rate is replaced.

Discussion 0
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Questions 5

After completing a business requirement mapping session, it has been decided that only single Currency Journals will be entered for this Company.

To achieve this requirement, on which two objects should you enable “Limit a Journal to a Single Currency”? (Choose two.)

Options:

A.  

Journal lookup codes

B.  

Ledger options

C.  

Journal sources

D.  

Journal category

E.  

Profile option

Discussion 0

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