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Oracle 1z0-1054-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Reporting and Analysis | - Financial Reporting
|
| Topic 2: Subledger Accounting | - Subledger to GL Integration
|
| Topic 3: Period Close Process | - Close Activities
|
| Topic 4: General Ledger Setup | - Enterprise Structure Configuration
|
| Topic 5: Journal Processing | - Journal Creation and Posting
|
Oracle Financials Cloud: General Ledger 2023 Implementation Professional Sample Questions:
Which delivered role can access the full functionality of Functional Setup Manager?
- A. Application Implementation Consultant
- B. Application Implementation Manager
- C. Any functional user
- D. IT Security Manager
- E. Functional Setup Manager Superuser
Correct Answer: B 🗳️
Explanation: Only visible for Prep4pass members. You can sign-up / login (it's free).
Your customer has a number of Chart of Account Mapping Rules for their Primary and Secondary ledgers.
You decide to use the FBDI template to load the rules.
Which two statements are true when using this method of entry? (Choose two.)
- A. You can create, update, and delete account rules for a chart of accounts mapping.
- B. You can create, update, and delete segment rules for a chart of accounts mapping.
- C. It supports external integration using REST services.
- D. You can download the template only from the Manage Chart of Accounts Mappings page.
Correct Answer: A,B 🗳️
Explanation: Only visible for Prep4pass members. You can sign-up / login (it's free).
Which two allow access to the BI Catalog for creating an Oracle Transactional Business Intelligence analysis?
(Choose two.)
- A. Universal Content Management Workspace
- B. Business Process Management Workspace
- C. Reports and Analytics
- D. Enterprise Performance Management Workspace
- E. Scheduled Processes
Correct Answer: C,D 🗳️
Explanation: Only visible for Prep4pass members. You can sign-up / login (it's free).
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. The original journal entry in Euros is updated.
- B. You have an unrealized exchange loss recorded.
- C. There is no unrealized exchange gain or loss calculated.
- D. You have an unrealized exchange gain recorded.
- E. The original journal entry in Euros remains the same.
Correct Answer: B,D 🗳️
Explanation: Only visible for Prep4pass members. You can sign-up / login (it's free).
What are two uses of the Column Flattening and Row Flattening features? (Choose two.)
- A. Verify correctness of trees.
- B. View information for runtime performance.
- C. Create additional versions of a tree.
- D. Optimize parent/child relationships.
- E. Set the status of a tree to active.
Correct Answer: A,E 🗳️
Explanation: Only visible for Prep4pass members. You can sign-up / login (it's free).
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