Oracle 1z0-1054-23 Exam : Oracle Financials Cloud: General Ledger 2023 Implementation Professional

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Oracle 1z0-1054-23 Exam Syllabus Topics:

Oracle Financials Cloud: General Ledger 2023 Implementation Professional Sample Questions:

1. You have three ledgers that use the same chart of accounts with one intercompany payable and one intercompany receivable account. The chart of accounts also has an intercompany segment. Each ledger has one legal entity assigned to it and each legal entity is associated with one balancing segment value.
At what level should you define the default intercompany balancing rule?

A) Primary balancing segment rule
B) Legal entity-level rule
C) Ledger-level rule
D) Chart of accounts rule

2. There is a business requirement for a subsidiary company to report to the parent company on a monthly basis.
Given that:
The subsidiary is in another country from the parent.
There is no requirement to have daily balances.
The objective is to minimize the data stored in the reporting currency.
Which data conversion level should you recommend?

A) Balances Level
B) Adjustment only level
C) Subledger level
D) Spreadsheet level
E) Journal Level

3. The Cloud Client wants to add a global branding logo and more predefined transactional attributes to the journal approval email notification.
Which two Business Intelligence catalog objects should you copy (or customize) and edit? (Choose two.)

A) The Data Source
B) The layout-Template
C) The Sub_Template
D) Output type
E) The Data Model

4. On a primary ledger in the system options close section, the following field has been selected 'Prevent General Ledger Period Closure When Open Subledger Periods Exist'.
For which three subledgers can you opt out of the period close checking feature by using the lookup ORA_GL_INCLD_STRICT_PRD_CLOSE? (Choose three.)

A) Assets
B) Receivables
C) Receipt accounting
D) Revenue Management
E) Order Management

5. Your company has complex consolidation requirements with multiple General Ledger instances. You are using Oracle Hyperion Financial Management to consolidate the disparate General Ledgers. You can typically map segments between your General Ledger segment to a Hyperion Financial Management segment, such as Company to Entity, Department to Department, and Account to Account What happens to segments in your source General Ledger, such as Program, that cannot be mapped to Hyperion Financial Management?

A) No data is transferred.
B) The unmapped segments default to future use segments in Hyperion Financial Management.
C) Data is summarized across segments that are not mapped to Hyperion Financial Management.
D) Errors occur for unmapped segments. You must map multiple segments from source General Ledgers to the target segment in Hyperion Financial Management.

Solutions: