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Oracle 1z0-1054-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Journal Processing | - Journal Management
|
| Topic 2: Security and Data Access | - Access Management
|
| Topic 3: Enterprise Structure and General Ledger Setup | - Enterprise Configuration
|
| Topic 4: Period Close and Financial Reporting | - Close and Reporting Activities
|
| Topic 5: Budgeting and Allocations | - Financial Planning
|
| Topic 6: Intercompany Accounting | - Intercompany Processing
|
| Topic 7: Ledger Configuration | - Ledger Management
|
Oracle Financials Cloud: General Ledger 2023 Implementation Professional Sample Questions:
1. You are using the Create Budgets in a Spreadsheet option to load your budget balances into the General Ledger balances cube. Your FYXX Budget is not appearing in the Budget Name list of values.
What are two reasons for this?
A) Publish Chart of Accounts Dimension Members and Hierarchies to the Balances Cube has not been run.
B) The Create Scenario Dimension Members program has not been run.
C) Transfer Budget Balances to Budget Cubes has not been run.
D) A value for the budget scenario is not created.
E) Budgeting is not enabled in the Ledger options.
2. You are trying to run a Financial Reporting Web Studio report from Financial Reporting Center. However, it is not appearing as a choice.
Which are two reasons for this? (Choose two.)
A) You have not uploaded it to Financial Reporting Center.
B) You have not saved it in the Shared Folder/Custom/Financials directory.
C) You have not saved it in the MyFolders directory.
D) You have not downloaded the report to your local drive.
3. 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 gain recorded.
B) There is no unrealized exchange gain or loss calculated.
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.
4. In which two ways can your users personalize the Springboards and Work Areas to suit their individual working styles? (Choose two.)
A) Users have very little control configuring their Springboards and Work Areas; they can only resize columns
B) They can use "+" under the Apps section of the News Feed homepage
C) They can have the System Administrator configuring pages for them using Page Composer
D) They can format certain tables by hiding and showing columns, moving columns, and resizing columns
5. You notice that a lot of erroneous address data is being saved. How do you ensure that only valid addresses are entered in the system?
A) Define the Geography Validation for Country option to Error.
B) Redefine the location structure.
C) Redefine the geography hierarchy.
D) Define the Geography Validation for Country option to No Validation.
Solutions:
| Question # 1 Answer: B,D | Question # 2 Answer: A,C | Question # 3 Answer: A,C | Question # 4 Answer: B,D | Question # 5 Answer: A |
