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Oracle Financials Cloud: General Ledger 2024 Implementation Professional Sample Questions (Q56-Q61):

NEW QUESTION # 56
When working with Essbase, versions of the tree hierarchy as defined in the Fusion are not available in the Essbase balances cube. What should you do to correct this situation?

A. Make sure the tree is active.
B. Make sure the tree version was published successfully.
C. Make sure to flatten the rows of the tree version.
D. Redeploy the chart of accounts.

Answer: B

NEW QUESTION # 57
Which two statements are true if a journal description rule is defined with sources?

A. The description rule can only be assigned to the header or line level.
B. You cannot assign journal description rules to sources.
C. The description rule may be assigned to either the header or line level, or to both.
D. The description rule can only be assigned to the journal line level.
E. The sources must also be assigned to the accounting event class that is assigned to the journal entry rule set.

Answer: C,E

NEW QUESTION # 58
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. HZ_GEO_IDENTIFIER_SUBTYPE Lookup
B. Address Cleansing
C. Geocoding
D. Validation

Answer: C

Explanation:
According to Oracle documentation1, you should enable geocoding to achieve the requirement of finding points of interest, such as customers, while out on business. Geocoding is the process of assigning geographic coordinates to a physical address. Geocoding enables you to use maps and location-based services to find and visualize points of interest. Therefore, option B is correct. Option A is incorrect because HZ_GEO_IDENTIFIER_SUBTYPE Lookup is not a feature that enables finding points of interest. Option C is incorrect because validation is not a feature that enables finding points of interest. Option D is incorrect because address cleansing is not a feature that enables finding points of interest.

NEW QUESTION # 59
You have set up asupporting reference with balancesto capturerevenue by account manager.
Which option should you use to view thesupporting reference balances?

A. An Account Group
B. A SmartView analysis
C. An OTBI analysis
D. General Ledger inquiries and reports

Answer: C

NEW QUESTION # 60
You have redesigned your chart of accounts and need to update your existing cross-validation rules. There is a requirement for new rules; some simply need to be updated and others need to be deleted.
What is the most efficient way to achieve this?

A. by creating Cross-Validation Rules desktop-integrated spreadsheet.
B. by using the Manage Cross-Validation Rules page.
C. by using the Manage General Ledger Security page.
D. by using Cross-Validation Rules Import file-based data import (FBDI).

Answer: D

Explanation:
According to Oracle documentation1, the most efficient way to update your existing cross-validation rules when you have redesigned your chart of accounts is to use Cross-Validation Rules Import file-based data import (FBDI). FBDI enables you to import cross-validation rules from a spreadsheet template into General Ledger. You can use FBDI to create new rules, update existing rules, or delete rules. Therefore, option C is correct. Option A is incorrect because using the Manage General Ledger Security page does not enable you to update cross-validation rules. Option B is incorrect because creating Cross-Validation Rules desktop- integrated spreadsheet does not enable you to update cross-validation rules. Option D is incorrect because using the Manage Cross-Validation Rules page does not enable you to update cross-validation rules efficiently.
According to Oracle documentation2, you should create a Data Access Set that allows access to the UK Ledger to allow users with the General Accountant job role to access the UK Ledger. A Data Access Set is a security feature that defines the ledgers and balancing segment values that a user can access. You can assign Data Access Sets to users or roles using the Manage Data Access for Users page. Therefore, option B is correct. Option A is incorrect because assigning the security context value of UK Ledger to the user/role combination does not enable access to the ledger. Option C is incorrect because assigning the General Accounting Manager role to those users does not enable access to the ledger. Option D is incorrect because assigning the UK reference set to the user/role combination does not enable access to the ledger.

NEW QUESTION # 61
......

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