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

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

A) Use the spreadsheet loader from the Currency Rates Manager.
B) Edit existing transactions and update the rates manually.
C) 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.
D) Import daily rates through the Daily Rates open interface table.
E) Update rates manually using the Currency Rates Manager, which can be accessed only from the Functional Setup Manager.

2. Your organization would like to use the journal sequencing functionality in General Ledger. You want to include all journal sources but would like a different sequence assigned to journals originating in the Joint Venture application.
What should you create to achieve this?

A) An Exception
B) An Exclusion
C) A Condition Filter
D) A Validation Filter

3. Which two are valid Data Access Set types? (Choose two.)

A) Read Only access
B) Full access
C) Full Ledger
D) Read and Write access
E) Primary Balancing Segment Value

4. In a primary ledger, under the System options, in the Close section, the "Prevent General Ledger Period Closure When Open Subledger Periods Exist" option has been selected.
For which subledger can you opt out of the Period Close Checking feature by using the ORA_GL_INCLD_STRICT_PRD_CLOSE lookup?

A) Accounts Payable
B) Lease Accounting
C) Order Management

5. You need to integrateFusion Accounting Hubwithexternal source systemsused forBilling. Identify the step that isnot correctwhen implementing this integration.

A) Determine the accounting impact of transactions.
B) Capture accounting events.
C) Create the accounting in the source system and then import the journal entries into subledger accounting.
D) Analyze external system transactions.

Solutions: