Oracle Oracle Financials Cloud 1Z0-1054-21

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Oracle 1Z0-1054-21 Exam Syllabus Topics:

Oracle Financials Cloud: General Ledger 2021 Implementation Essentials Sample Questions:

1. You are implementing Financials Cloud and are using spreadsheets to load Legal Entities, Business Units, and Account Hierarchies. Which three setup objects can be loaded via a spreadsheet from Functional Setup Manager?

A) Banks, Bank Accounts, and Branches
B) chart of account values, accounting calendar, and ledger
C) setup data for Receivables and Payables product
D) complete Accounting Configuration
E) Suppliers and Customers

2. Your client has been using Budgetary Control for six months. Now, they want to use the: spend Authorization After opting in the new feature Spend Authorization with Budgetary Control, what additional field actions need to be accomplished to activate this feature? .

A) Create a Payment Process Profile
B) Enable spend authorization
C) Enable Payment Request Subtypes
D) Rebuild the GL Balances Cube
E) Rebuild the Budgetary Control Cube.

3. Account combinations can be created and/or modified using the Import Account Combinations file- based data import (FBDI).Which represents the appropriate upload steps?

A) Insert rows into the GL_BULK_COMBINATIONS_INT table using the FBDI template and then submit the Import Account Combinations process.
B) Insert rows into the GL_MULTI_COMBINATIONS_INT table using the FBDI template and then submit the Import Account Combinations process.
C) Submit the Import Account Combinations process, then insert rows into the GL_BULK_COMBINATIONS_INT table using the FBDI template.
D) Submit the Import Account Combinations process, then insert rows into the GL_MULTI_COMBINATIONS_INT table using the FBDI template.

4. In which two ways can your users customize the Springboards and Work Areas to suit their individual working styles? (Choose two.)

A) They can use Personalization to move and remove regions from those pages
B) They can have the System Administration customize pages for them using Page Composer
C) Users have very little control their Springboards and Work Areas; they can only resize columns
D) They can format each table by hiding and showing columns, moving columns, and resizing columns

5. You are required to change today's daily rates for converting GBP to USD. What are three ways in which you can update existing daily rates

A) Use the spreadsheet loader from the Currency Rates Manager
B) Import daily rates through the Daily Rates open interface table
C) Edit existing transactions and update the rates manually
D) Update rates manually using the Currency Rates Manager, which can be accessed only from the Functional Setup Manager
E) Update rates manually using the Currency Rates Manager, which can be accessed from the Functional Setup Manager or the General Ledger's Period Close work area

Solutions: