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Oracle Financials Cloud: General Ledger 2021 Implementation Essentials Sample Questions:
1. You are using budgetary control. You have an open purchase order for $500 USD, and an invoice for
$300 is matched to the purchase order. What will be the funds status of the purchase order and the invoice?
A) Both are reserved
B) The purchase order is Partially Liquidated and the invoice will be Reserved
C) The purchase order is Liquidated and the invoice is Partially Reserved
D) The purchase order is Open and the invoice is Validated
E) The purchase order is Partially Liquidated and the invoice is Partially Reserved
2. You are implementing Financials Cloud and are using spreadsheets to load Legal Entities, Business Units, and Account Hierarchies. Which three setup objects can be loaded via a spreadsheet from Functional Setup Manager?
A) setup data for Receivables and Payables product
B) complete Accounting Configuration
C) Suppliers and Customers
D) Banks, Bank Accounts, and Branches
E) chart of account values, accounting calendar, and ledger
3. Fusion Accounting Hub includes Hyperion Data Management. For which two tasks can Hyperion Data Management be used?
A) integration with transactions from external feeder systems
B) cross-validation rules
C) data access and security
D) chart of accounts master data maintenance
E) chart of accounts hierarchy maintenance
4. How do you hide accounts with no balances showing #Missing in Smart view?
A) This indicates a database connection issue
B) Use Excel functions to hide rows with #Missing assigned
C) Select the Data/Missing check box in the Data Options tab
D) Choose the Suppress Zeros option under Data options
5. What type of user must be defined before you can create an Implementation Project?
A) None. The Fusion Applications Superuser, FAADMIN, has full access to create an ImplementationProject
B) A full-time employee that has the FSM Superuser role assigned
C) All roles that will be used throughout the implementationImplementation Users
D) None The OIM system administrator user ID, XELSYSADM, which is assigned by the person provisioning the system, has full access
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: C,D,E | Question # 3 Answer: D,E | Question # 4 Answer: C | Question # 5 Answer: C |



