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

1. You have exported data from your budgeting application into a .csv file.
What should you use to load that data into General Ledger?

A) Application Developer Framework desktop integrator
B) Enterprise Resource Budget Integrator
C) Budget journal spreadsheet
D) File-based data import

2. Budgetary control for accounts5020and5021has a budget of$90,000 USDeach for the year2012. The accounts also have balances onobligation of $10,000 USDfor each and anexpenditure of $20,000 USDfor each.
AFund of $50,000 USDis available for account5020only. You have run theEncumbrance Year End Carry Forward processfor obligation from the last period of the year2012to the first period of year2013.
Which statement is true?

A) The Encumbrance Year End Carry Forward process will run for all the accounts to carry forward the general ledger balances.
B) If you have included 5020 and 5021 in the encumbrance rule, then budget balances $90,000 USD, obligation $10,000 USD, and expenditure $20,000 USD, and the funds available $50,000 USD will be carried forward.
C) If you have included 5020 and 5021 in the encumbrance rule, then obligation $10,000 USD and expenditure $20,000 USD only will be carried forward.
D) If you have included 5020 and 5021 in the encumbrance rule, then only the obligation of $10,000 USD will be carried forward.

3. You are creating a Multitier Intercompany agreement and haven chosen to use a clearing organization in Financial Route.
How many clearing organizations can be involved in Financial Route?

A) 9
B) 5
C) 3
D) 2

4. SIMULATION
Manage Chart of Accounts Structure and Instance
Scenario
Your client is implementing Oracle Fusion Cloud Financials. The decision is to have a 5-segment Chart of Accounts: Company, Cost Center, Account, Product, and Intercompany. You are working in the General Ledger team and will be responsible for creating the Chart of Accounts Structure and Instance for the Chart of Accounts.
Task 1
Create a Chart of Accounts Structure and Instance for the following Chart of Accounts:

Note: Prefix all your setups with 07, where 07 is your candidate ID There is one balancing segment. Choose the appropriate segment labels. . For the purpose of this test there is no need to deploy the flexfield. . Valid code combinations should be added to the Code Combination table automatically. Shorthand aliases will not be implemented. . Accept the defaults for the instance segments.

5. You have created several account groups with the Display in option as Expenses.
Which setting determines the account group that will be displayed in the General Accounting infolets on your home page?

A) Access is Shared
B) Set as Default
C) Access is Public
D) Set in Expenses

Solutions: