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Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional Sample Questions:
1. A company implementing Oracle General Ledger has a business requirement to report under two accounting conventions and is considering setting up a primary and secondary ledger. The two accounting standards are very close.
Which data conversion level should you recommend to ensure only manual journals will be entered in the secondary ledger?
A) Balance level
B) Journal level
C) Adjustment only level
D) FBDI level
E) Subledger level
2. Your ledger currency is USD. At month end you have a balance on the Accounts Payable Liability Account of 100,000 Euros which is equivalent to USD 136,550. This balance needs to be revalued.
The month end exchange rate for revaluation is 1 Euro = 1.3755 USD.
What two statements are true for the resulting revaluation run? (Choose two.)
A) You have an unrealized exchange loss recorded.
B) The original journal entry in Euros remains the same.
C) The original journal entry in Euros is updated.
D) There is no unrealized exchange gain or loss calculated.
E) You have an unrealized exchange gain recorded.
3. For translation purposes, the Financials reporting team has decided to load the monthly Historical currency rates by using File-Based Data Interface (FBDI).
What happens to the existing historical rate for a specific ledger, currency, account combination, and accounting period if they use insert in the spreadsheet?
A) The existing historical rate is deleted.
B) The historical rate is replaced.
C) Nothing, existing historical rates are not updated.
D) Historical rates are converted into an average rate (original and new rate).
4. You are capturing rental costs for a building in a corporate cost center. At month end, you want to allocate those costs to the cost centers in the building based on the floor area occupied. A statistical journal has been entered to record the floor are a. You use Calculation Manager to create the allocation.
Where do you reference the statistical balance within the allocation component?
A) Offset
B) Source
C) Allocation Range
D) Basis
E) Target
5. When creating your financial statements, you want a chart such as a bar graph to be included in the report output. Which two reporting tools allow you to achieve this?
A) Financial Reporting Studio
B) Financial Statement Generator
C) Account Inspector
D) Smart View
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A,E | Question # 3 Answer: B | Question # 4 Answer: B | Question # 5 Answer: A,D |




