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

1. You create a Trial Balance type report using Smart View. As you include all segments for the Chart of Accounts, you expect to see zero balance. Further with the Zoom Out function, you expect to see the balances in each account.
Instead, IMTSSTNG is appearing in the report output.
What is the issue with this report?

A) You have not selected a member for Currency.
B) You have not selected a member for Amount Type.
C) You have not selected a member for Balance Amount.

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 136,550 USD. This balance needs to be revalued. The month-end exchange rate for revaluation is 1 Euro = 1.3755 USD.
What two statements are true about the resulting revaluation run?

A) There is no unrealized exchange gain or loss calculated.
B) You have an unrealized exchange gain recorded.
C) You have an unrealized exchange loss recorded.
D) The original journal entry in Euros remains the same.
E) The original journal entry in Euros is updated.

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

A) Period
B) Calendar Year
C) Year
D) Fiscal Year

4. After completing a business requirement mapping session, it has been decided that only single Currency Journals will be entered for this Company.
To achieve this requirement, on which two objects should you enable "Limit a Journal to a Single Currency"? (Choose two.)

A) Journal category
B) Profile option
C) Ledger options
D) Journal sources
E) Journal lookup codes

5. You are planning to use Financial Reporting Web Studio to create your income statement and balance sheet reports.
Which report component allows you to connect with GL Balances Cube?

A) Design Canvas
B) Grid
C) Object Browser
D) Point of View

Solutions: