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

1. Journal Description Rules are assigned to Subledger Journal Entry Rule Sets. What are the other three subcomponents of a Subledger Journal Entry Rule Set? (Choose three.)

A) Chart of Accounts
B) Accounting Date
C) Journal Line Rules
D) Account Rules
E) Supporting References

2. 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 have the System Administration customize pages for them using Page Composer
C) They can format each table by hiding and showing columns, moving columns, and resizing columns
D) Users have very little control their Springboards and Work Areas; they can only resize columns

3. The Accounting Manager requests that a schedule be created to automate.ca.ly post journals from subledgers at different times. Which journal attribute should you use to set the automatic posting criteria?

A) Journal Category
B) Journal Source
C) Journal Description
D) Journal Batch

4. 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) Journal Entry
D) Event Class
E) Event Type

5. Your customer is reconciling their Intercompany Receivables accounts. Which two reports should they use in addition to using the intercompany Reconciliation report?

A) General Ledger Trial Balance report
B) AR Aging report
C) Receivables to General Ledger Reconciliation report
D) Receivables Aging by General Ledger Account report

Solutions: