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

1. In which two ways can your users customize the Springboards and Work Areas to suit their individual working styles? (Choose two.)

A) They can use Personalization to move and remove regions from those pages
B) They can format each table by hiding and showing columns, moving columns, and resizing columns
C) They can have the System Administration customize pages for them using Page Composer
D) Users have very little control their Springboards and Work Areas; they can only resize columns

2. You want to process multiple allocations at the same time. What feature do you use?

A) Point of View(POV)
B) Formulas
C) General Ledger Entries
D) Rulesets

3. Most of the accounting entries for transactions from your source system use TRANSACTION_AMOUNT as a source of the entered amount accounting attribute. For some events, you need to use TAX_AMOUNT as the source. At what level can you override the default accounting attribute assignment?

A) Journal line Rule
B) Journal Entry Rule Set
C) Event Class
D) Event Type
E) Journal Entry

4. You are setting up Close Monitor, which comprise a ledger set hierarchy definition. Which two components of the enterprise structure should the ledgers in the ledger set share.(Choose Two)

A) Chart of Accounts. Currency, Accounting Calendar, an subledger Accounting Method.
B) Accounting Calendar
C) Legal Entities, Business Units and Chart of Accounts.
D) Chart of Accounts and Business Units.

5. What Is Oracle Essbase?

A) A multidimensional Online Analytical Processing (OLAP) server that is embedded in Fusion GeneralLedger
B) A robust reporting and analysis tool
C) A data ware house
D) A relational database

Solutions: