Oracle Financials Cloud: General Ledger 2017 Implementation Essentials — Question 18

Which statement is true when you create an Implementation Project for Oracle Financials Cloud?

Answer options

• A. The Implementation Project is preconfigured and cannot be deleted or changed.
• B. You must plan your Implementation Project carefully because you cannot delete it or make changes later.
• C. You must select the offering "Financials" and each individual product or option to perform the setup for each product in Oracle Financials Cloud.
• D. When you select the offering "Financials," it automatically allows you to perform the setup for all Oracle Financials Cloud products.
• E. You need to make only the project name unique, and then you can perform the setup for any product family, such as Financials, Procurement, Human Capital

Correct answer: E

Explanation

The correct answer is E because it accurately reflects that only the project name needs to be unique for setting up various product families. Options A and B are incorrect as they imply restrictions on changes that do not exist. Option C is misleading as it suggests that each product must be selected individually, while D incorrectly states that selecting 'Financials' provides access to all products automatically.