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Oracle Financials Cloud: General Ledger 2025Implementation Professional

Last Update Jun 30, 2025
Total Questions : 89

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Oracle Financials Cloud: General Ledger 2025Implementation Professional Questions and Answers

Questions 1

You are implementing amultipillarimplementation of bothHCM CloudandERP Cloud. You are implementingERP first, followed byHCM Cloud. You want to ensure yourledgers and chart of accountsare correctly defined.

What should you do? (Choose three.)

Options:

A.

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

B.

Use the Rapid Implementation spreadsheet when creating your enterprise structure.

C.

Deploy your chart of accounts.

D.

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

E.

Use HCM’s Enterprise Structure Configurator (ESC) first.

Questions 2

You are required to changetoday’s daily ratesfor convertingGBP to USD. What are three ways in which you can update existing daily rates?

Options:

A.

Update rates manually using the Currency Rates Manager, which can be accessed only from the Functional Setup Manager.

B.

Edit existing transactions and update the rates manually.

C.

Use the spreadsheet loader from the Currency Rates Manager.

D.

Update rates manually using the Currency Rates Manager, which can be accessed from the Functional Setup Manager or the General Ledger’s Period Close work area.

E.

Import daily rates through the Daily Rates open interface table.

Questions 3

You already ranTranslation, but a last-minuteadjusting journal entryin yourledger currencywas entered after you consolidated your results.

What does Oracle considerbest practicewhen this occurs?

Options:

A.

Rerun Revaluation and then rerun Translation.

B.

Translate only the adjusting journal entry.

C.

Rerun Translation and then reconsolidate your results.

D.

Enter another adjusting journal entry in the target currency to true up the balances.