Amazon
Avaya
Checkpoint
Cisco®
CompTIA
CrowdStrike
EC-Council
EXIN
Fortinet
Google
ISC
ISC2
ITIL®
Juniper
Microsoft
MuleSoft
Okta
Oracle
Palo Alto Networks
Salesforce
All Vendors
  1. Home
  2. Oracle
  3. Oracle Financials Cloud: General Ledger 2020 Implementation Essentials

Oracle Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam (page: 1)
Oracle Financials Cloud: General Ledger 2020 Implementation Essentials
Updated on: 28-Sep-2025

Viewing Page 1 of 12
Oracle Financials Cloud: General Ledger 2020 Implementation Essentials PDF 55 Questions

The general accountant is trying to update the cost center for the Default Suspense Account in the Ledger Options to match the cost center for the Rounding Account.

The rounding account is showing as 01-110-7699-00; however, 110 is not appearing in the List of Values for the accountant to select in the Suspense Account.
What is the reason for this?

  1. The general accountant does not have the Financials Application administrator role assigned and, therefore, has view-only privileges on this page
  2. The general accountant has a segment value security rule assigned which restricts access to that cost center
  3. There is a primary balancing segment attached to the legal entity of the primary ledger
  4. A cross validation rule is in place to prevent the resulting combination from being created

Answer(s): D


Reference:

https://docs.oracle.com/en/cloud/saas/financials/20c/faiac/implementing-accounting-hub.pdf



Your company has a legal entity in the UK, US, and Canada. They can all share the same chart of accounts but are required to transact and report in their local currency.
What is the minimum number of ledgers you need and why?

  1. One, because they can all share the same chart of accounts
  2. Three, because each requires a different currency
  3. Two, because the US and Canada can share the same ledger because they are in North America
  4. Four, because the UK has statutory requirements and you will need a separate ledger for statutory reporting

Answer(s): A


Reference:

https://docs.oracle.com/cd/E18727_01/doc.121/e13425/T348488T348492.htm



When creating financial reports which two tools use data from the General Ledger Balances Cube? (Choose two).

  1. Financial Reporting Studio
  2. Smart View
  3. Oracle Financial Statement Generator
  4. Financial Reporting Center

Answer(s): A,D


Reference:

https://docs.oracle.com/en/cloud/saas/financials/20c/faugl/financial-reporting-and-analysis.html#FAUGL513446



Your customer has enabled budgetary control for purchase orders. They have a purchase order for $1,000 USD which is fully reserved. An invoice for $600 is entered and matched to the purchase order, and the purchase order is closed for further invoicing.
What happens to the remaining $400 USD?

  1. Only obligation type will have $400 USD funds available
  2. Manual encumbrance journal needs to be entered in General Ledger to release the budget amount of $400 USD
  3. $400 USD will be added back to available funds
  4. Invoice type will have less funds available by $400 USD
  5. $400 USD will be expired and not available for use

Answer(s): C



You need to set up a calendar for fiscal year Apr-XX to March-YY where YY is the following year, and you would like the periods to be named according to the year they fall in.
What Calendar format should you choose?

  1. Calendar
  2. Fiscal
  3. Year
  4. Period

Answer(s): D


Reference:

https://docs.oracle.com/cd/E53547_01/opera_5_04_03_core_help/period_setup.htm



Viewing Page 1 of 12



Share your comments for Oracle Oracle Financials Cloud: General Ledger 2020 Implementation Essentials exam with other users:

ibrahim 11/9/2023 7:57:00 AM

page :20 https://exam-dumps.com/snowflake/free-cof-c02-braindumps.html?p=20#collapse_453 q 74: true or false: pipes can be suspended and resumed. true. desc.: pausing or resuming pipes in addition to the pipe owner, a role that has the following minimum permissions can pause or resume the pipe https://docs.snowflake.com/en/user-guide/data-load-snowpipe-intro
FINLAND


Franklin Allagoa 7/5/2023 5:16:00 AM

i want hcia exam dumps
Anonymous


SSA 12/24/2023 1:18:00 PM

good training
Anonymous


BK 8/11/2023 12:23:00 PM

very useful
INDIA


Deepika Narayanan 7/13/2023 11:05:00 PM

yes need this exam dumps
Anonymous


Blessious Phiri 8/15/2023 3:31:00 PM

these questions are a great eye opener
Anonymous


Jagdesh 9/8/2023 8:17:00 AM

thank you for providing these questions and answers. they helped me pass my exam. you guys are great.
CANADA


TS 7/18/2023 3:32:00 PM

good knowledge
Anonymous


Asad Khan 11/1/2023 2:44:00 AM

answer 10 should be a because only a new project will be created & the organization is the same.
Anonymous


Raj 9/12/2023 3:49:00 PM

can you please upload the dump again
UNITED STATES


Christian Klein 6/23/2023 1:32:00 PM

is it legit questions from sap certifications ?
UNITED STATES


anonymous 1/12/2024 3:34:00 PM

question 16 should be b (changing the connector settings on the monitor) pc and monitor were powered on. the lights on the pc are on indicating power. the monitor is showing an error text indicating that it is receiving power too. this is a clear sign of having the wrong input selected on the monitor. thus, the "connector setting" needs to be switched from hdmi to display port on the monitor so it receives the signal from the pc, or the other way around (display port to hdmi).
UNITED STATES


NSPK 1/18/2024 10:26:00 AM

q 10. ans is d (in the target org: open deployment settings, click edit next to the source org. select allow inbound changes and save
Anonymous


mohamed abdo 9/1/2023 4:59:00 AM

very useful
Anonymous


Tom 3/18/2022 8:00:00 PM

i purchased this exam dumps from another website with way more questions but they were all invalid and outdate. this exam dumps was right to the point and all from recent exam. it was a hard pass.
UNITED KINGDOM


Edrick GOP 10/24/2023 6:00:00 AM

it was a good experience and i got 90% in the 200-901 exam.
Anonymous


anonymous 8/10/2023 2:28:00 AM

hi please upload this
Anonymous


Bakir 7/6/2023 7:24:00 AM

please upload it
UNITED KINGDOM


Aman 6/18/2023 1:27:00 PM

really need this dump. can you please help.
UNITED KINGDOM


Neela Para 1/8/2024 6:39:00 PM

really good and covers many areas explaining the answer.
NEW ZEALAND


Karan Patel 8/15/2023 12:51:00 AM

yes, can you please upload the exam?
UNITED STATES


NISHAD 11/7/2023 11:28:00 AM

how many questions are there in these dumps?
UNITED STATES


Pankaj 7/3/2023 3:57:00 AM

hi team, please upload this , i need it.
UNITED STATES


DN 9/4/2023 11:19:00 PM

question 14 - run terraform import: this is the recommended best practice for bringing manually created or destroyed resources under terraform management. you use terraform import to associate an existing resource with a terraform resource configuration. this ensures that terraform is aware of the resource, and you can subsequently manage it with terraform.
Anonymous


Zhiguang 8/19/2023 11:37:00 PM

please upload dump. thanks in advance.
Anonymous


deedee 12/23/2023 5:51:00 PM

great great
UNITED STATES


Asad Khan 11/1/2023 3:10:00 AM

answer 16 should be b your organizational policies require you to use virtual machines directly
Anonymous


Sale Danasabe 10/24/2023 5:21:00 PM

the question are kind of tricky of you didnt get the hnag on it.
Anonymous


Luis 11/16/2023 1:39:00 PM

can anyone tell me if this is for rhel8 or rhel9?
UNITED STATES


hik 1/19/2024 1:47:00 PM

good content
UNITED STATES


Blessious Phiri 8/15/2023 2:18:00 PM

pdb and cdb are critical to the database
Anonymous


Zuned 10/22/2023 4:39:00 AM

till 104 questions are free, lets see how it helps me in my exam today.
UNITED STATES


Muhammad Rawish Siddiqui 12/3/2023 12:11:00 PM

question # 56, answer is true not false.
SAUDI ARABIA


Amaresh Vashishtha 8/27/2023 1:33:00 AM

i would be requiring dumps to prepare for certification exam
Anonymous