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Oracle Financials Cloud: General Ledger 2022 Implementation Professional

Last Update Nov 29, 2023
Total Questions : 131

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Oracle Financials Cloud: General Ledger 2022 Implementation Professional Questions and Answers

Questions 1

During implementation, a consultant accidentally designated the cost center segment as the natural account. Values have already been assigned and journals have been posted.

Select the process that allows you to change the qualifier back to cost center qualifier.



Create a new chart of accounts.


Delete the segment and create a new segment with the correct qualifier.


Change and save the segment qualifier.


Delete the chart of accounts and create a new one.

Questions 2

You entered a journal and the client is asking for the following information:

  • The current account balance
  • What the future account balance will be if the journal is approved and posted

How will you get this information?



Query the account balance online


Use Oracle Transactional Business Intelligence (OTBI) to query General Ledger balances


View the Projected Balances region in the Create Journals page


Run a Trial Balance before and after posting

Questions 3

You are implementing a multipillar implementation of both HCM Cloud and ERP Cloud. You are implementing ERP first followed by HCM Cloud. You want to ensure your ledgers and chart of accounts are correctly defined. What should you do? (Choose three)



Deploy your chart of accounts


Use HCM’s Enterprise Structure Configurator (ESC) first


Create your chart of accounts in the following order: value sets, COA structure, and instance before assigning values to the value sets


Use file-based spreadsheet loaders using UCM to mass load and maintain chart of accounts segment values and hierarchies


Use the Rapid Implementation spreadsheet when creating your enterprise structure