Oracle Financials Cloud: General Ledger 2025 Implementation Professional

QUESTION NO: 1
Users with the General Accountant job role have reported that they are unable to access the UK Ledger. They require read/write access to the full ledger. The accounting configuration completed successfully.
What should you do to allow access to the ledger?

A. Assign the security context value of UK Ledger to the user/role combination. B. Assign the UK reference set to the user/role combination. C. Create a data access set that allows access to the UK Ledger. D. Assign the General Accounting Manager role to those users.

Correct Answer: C

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QUESTION NO: 2
You already ranTranslation, but a last-minuteadjusting journal entryin yourledger currencywas entered after you consolidated your results.
What does Oracle considerbest practicewhen this occurs?

A. Rerun Translation and then reconsolidate your results. B. Rerun Revaluation and then rerun Translation. C. Translate only the adjusting journal entry. D. Enter another adjusting journal entry in the target currency to true up the balances.

Correct Answer: A

QUESTION NO: 3
What are two uses of the Column Flattening and Row Flattening features? (Choose two.)

A. Verify correctness of trees. B. Set the status of a tree to active. C. View information for runtime performance. D. Optimize parent/child relationships. E. Create additional versions of a tree.

Correct Answer: A,B

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QUESTION NO: 4
What are The two advantages of having an intercompany segment in the Chart of Accounts?

A. Assists reconciling intercompany transactions and helps identify elimination entries. B. Assists reconciliation through balancing, by populating the intercompany payable and intercompany receivable accounts. C. Enables balancing of many to-many primary balancing segment value journals and many to many legal entity journals D. Identifies partners in each intercompany line through balancing, by populating the intercompany segment with the trading partner.

Correct Answer: A,D

QUESTION NO: 5
In the implementation project, there is a requirement to add new transactional attributes to the journal approval notification.
Which two Business Intelligence catalog objects should you copy (or customize) and edit? (Choose two.)

A. The Sub Template B. The Data Model C. The Style Template D. The layout Template E. Output type

Correct Answer: B,E

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QUESTION NO: 6
You need to define a chart of accounts that includes an intercompany segment. Your customer plans to use segment value security rules for the Company segment.
What is Oracle's recommended method to define this chart of accounts?

A. Create two different value sets for the company and intercompany segments. B. Define the company segment and assign both the primary balancing segment and intercompany segment labels. C. Define the intercompany segment with a default value. D. Share the same value set for the company and intercompany segments.

Correct Answer: D

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QUESTION NO: 7
TheDelete Translated Balancesprocess provides the ability to completely reset translations in the event thatsignificant changesare made to the accounting configuration.
Once the deletion process completes, what additional process must you run?

A. Submit the Create General Ledger Balances Cube process to ensure that the balances cube maintains translated balances that are consistent with future translations. B. Submit the Update General Ledger Balances Cube process to ensure that the balances cube maintains translated balances that are consistent with future translations. C. Submit the Create Scenario Dimension Members process to ensure that the balances cube maintains translated balances that are consistent with future translations. D. Submit the Create Currency Dimension Members process to ensure that the balances cube maintains translated balances that are consistent with future translations.

Correct Answer: A

QUESTION NO: 8
The Journal Import process pulls information from the GL Interface table to create valid, postable journal entries in General Ledger.
Which two statements are true about the Journal Import process?

A. Any error transactions from Oracle Subledgers can be easily deleted and resubmitted. B. The process validates all your data before it creates journal entries in General Ledger. C. FBDI can be used to upload journal entry data from external sources into General Ledger. D. You can only validate and select to transfer journal data in the Summary mode.

Correct Answer: B,C

Oracle Financials Cloud: General Ledger 2025 Implementation Professional - 1z0-1054-25 Exam Questions