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Oracle 1z0-1054-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Reporting and Analysis | - Financial Reporting
|
| Topic 2: Journal Processing | - Journal Creation and Posting
|
| Topic 3: Subledger Accounting | - Subledger to GL Integration
|
| Topic 4: Period Close Process | - Close Activities
|
| Topic 5: General Ledger Setup | - Accounting Configuration
|
Oracle Financials Cloud: General Ledger 2023 Implementation Professional Sample Questions:
You are planning to create an Income Statement using Smart View.
Which Smart View tool should you use for this?
- A. Ad Hoc Analysis
- B. Smart Queries
- C. Query Designer
- D. Smart Slices
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Which two statements are true regarding the Translation process? (Choose two.)
- A. The Translation process can only be used to translate balance sheet accounts.
- B. The Translation process can only be used for translating the balances of Secondary ledgers.
- C. Any resulting offset from the translation is entered in the Cumulative Translation Adjustment account.
- D. If necessary, before submitting the Translation process, the Revaluation process should be completed.
- E. The Translation process should be run before posting Period Close adjustment entries.
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An Oracle Fusion Cloud customer has a complex enterprise structure that includes multiple legal entities in multiple countries. To match the intercompany balancing requirements, all four levels of rules have been defined. In user testing, the business experts are asking which rule will be considered first when balancing an intercompany journal?
- A. Chart of accounts rule
- B. Legal entity-level rule
- C. Ledger-level rule
- D. Primary balancing segment rule
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You are setting up Close Monitor and want to view high-level profit and loss results for each ledger.
What should you associate with the ledger set to achieve this?
- A. OTBI report
- B. Trial Balance report
- C. Financial Reporting Web Studio report
- D. Account group
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Users with the General Accountant job role have reported that they are unable to access the UK Ledger. They require read/write access to the full ledger. The accounting configuration completed successfully.
What should you do to allow access to the ledger?
- A. Assign the General Accounting Manager role to those users.
- B. Assign the UK reference set to the user/role combination.
- C. Create a data access set that allows access to the UK Ledger.
- D. Assign the security context value of UK Ledger to the user/role combination.
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