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Oracle 1z0-1054-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Journal Processing | - Journal Management
|
| Enterprise Structure and General Ledger Setup | - Enterprise Configuration
|
| Intercompany Accounting | - Intercompany Processing
|
| Budgeting and Allocations | - Financial Planning
|
| Ledger Configuration | - Ledger Management
|
| Security and Data Access | - Access Management
|
| Period Close and Financial Reporting | - Close and Reporting Activities
|
Oracle Financials Cloud: General Ledger 2023 Implementation Professional Sample Questions:
Question 1
Which delivered role can access the full functionality of Functional Setup Manager?
A. Application Implementation Manager
B. Functional Setup Manager Superuser
C. IT Security Manager
D. Any functional user
E. Application Implementation Consultant
Question 2
When will Intercompany processing balance a journal using the accounts identified here for the UK Ledger?
A. when the journal is not balanced by the primary balancing segment value (BSV)
B. when the journal is balanced by the primary BSV but not by second or third BSV
C. when there is a many-to-many journal and you want to use a clearing company
D. when the journal is balanced by second balancing segment value
Question 3
Which two statements are true about infotiles and infolets?
A. Infotiles have Front view. Back view, and Expanded view.
B. Infotiles pull data from a Smart View analysis.
C. You can refresh infolets to see up-to-date data.
D. Infolets are accessed only from the News Feed home page layout.
E. You can create your own user-defined infolets.
Question 4
You already ran Translation, but a last-minute adjusting journal entry in your ledger currency was entered and posted after you consolidated your results.
What is Oracle's recommended practice when this occurs?
A. Enter another adjusting journal entry in the target currency to true up the balances.
B. Translate only the adjusting journal entry.
C. Rerun Translation and then reconsolidate your results.
D. Rerun Revaluation and then rerun Translation.
Question 5
You need to set up a calendar for the year Apr-XX to Mar-YY where YY is the following year, and you would like the periods to be named according to the year they fall in.
What format should you choose?
A. Calendar Year
B. Fiscal Year
C. Year
D. Period
Solutions:
| Question 1 Answer: A | Question 2 Answer: B | Question 3 Answer: A,C | Question 4 Answer: C | Question 5 Answer: B |
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