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Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional Sample Questions:

1. Which two are predefined roles in General Ledger?

A) General Accounting Supervisor
B) General Accounting Clerk
C) General Accountant
D) General Accounting Manager

2. 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.)

A) Journal category
B) Journal sources
C) Journal lookup codes
D) Profile option
E) Ledger options

3. Your customer uses Financials Cloud, Projects, Inventory, and SCM.
Which two statements are true regarding intercompany accounting for these products? (Choose two.)

A) Intercompany balancing rules in General Ledger need to be mapped with the intercompany configuration in each product.
B) Intercompany Balancing Rules are defined centrally and applied across Financials and Projects.
C) Each product has its own Intercompany Accounting feature that needs to be configured separately.
D) In Financials Cloud, Intercompany Balancing Rules are used to balance both cross-ledger allocation journals and single-ledger journals.

4. You have a requirement to override the Period End or Period Average rate that is used for translating several accounts at month end. How can you achieve this?

A) Use the Manage Historical Rates task to assign a historical rate or amount to those accounts.
B) Use the Manage Revaluations task to create a revaluation definition for those accounts.
C) Use the Translate Balances process parameters to specify the rate or amount for those accounts.

5. You are using account hierarchies for reporting and allocations.
Which two statements are true about these types of hierarchies? (Choose two.)

A) Child values in these hierarchies can belong to only one parent.
B) Hierarchies for reporting and allocations do not have to be published to Essbase cubes.
C) Hierarchies for reporting and allocations have to be published to Essbase cubes.
D) You can have only one version of a hierarchy published to the Essbase cube at any time.

Solutions: