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Updated: Jul 15, 2026
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Oracle Financials Cloud: General Ledger 2023 Implementation Professional Sample Questions:
1. On a primary ledger in the system options close section, the following field has been selected 'Prevent General Ledger Period Closure When Open Subledger Periods Exist'.
For which three subledgers can you opt out of the period close checking feature by using the lookup ORA_GL_INCLD_STRICT_PRD_CLOSE? (Choose three.)
A) Receipt accounting
B) Revenue Management
C) Receivables
D) Assets
E) Order Management
2. 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) Geocoding
B) Validation
C) Address Cleansing
D) HZ_GEO_IDENTIFIER_SUBTYPE Lookup
3. Your customer uses Financials Cloud, Projects, Inventory, and SCM.
Which two statements are true regarding intercompany accounting for these products? (Choose two.)
A) Each product has its own Intercompany Accounting feature that needs to be configured separately.
B) Intercompany Balancing Rules are defined centrally and applied across Financials and Projects.
C) Intercompany balancing rules in General Ledger need to be mapped with the intercompany configuration in each product.
D) In Financials Cloud, Intercompany Balancing Rules are used to balance both cross-ledger allocation journals and single-ledger journals.
4. A new Oracle Fusion Cloud client needs to produce an income statement on a regular basis using Smart View.
Which Smart View tool would be best for this?
A) Account Groups
B) Smart Slices
C) Query Designer
D) Smart Queries
5. You are using Oracle General Ledger (GL), Oracle Payables, and Oracle Receivables and you want to prevent the closure of the GL period if the corresponding subledger period is not closed. How do you achieve this?
A) Set the relevant option on the Specify Ledger Options page.
B) You don't have to do anything; this option is enabled automatically.
C) Opt in to the Prevent Period Close option for the offering.
D) Set the ORA_GLJNCLD_STRICT_PRD_CLOSE profile option to yes.
Solutions:
| Question # 1 Answer: A,C,D | Question # 2 Answer: A | Question # 3 Answer: A,B | Question # 4 Answer: C | Question # 5 Answer: A |
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