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

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Oracle 1z0-1054-23 Exam Syllabus Topics:

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

1. 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.

2. You can run predefined reports to reconcile subledger application balances to General Ledger balances. Which attribute must you set up on the Manage Values page for chart of accounts segment values so that you can run the Payables to General Ledger Reconciliation report or Receivables to General Ledger Reconciliation report?'

A) Reconcile
B) Financial Category
C) Third Party Control Account
D) Start Date
E) End Date

3. Which delivered role can access the full functionality of Functional Setup Manager?

A) Any functional user
B) Application Implementation Consultant
C) Application Implementation Manager
D) Functional Setup Manager Superuser
E) IT Security Manager

4. Which three factors should you consider while specifying Intercompany System options?

A) Whether to allow receivers to reject intercompany transactions
B) Automatic or manual batch numbering and the minimum transaction amount
C) Approvers who will approve intercompany transactions
D) Whether to enforce an enterprise-wide currency or allow intercompany transactions in local currencies
E) Automatic or manual batch numbering and the maximum transaction amount

5. Which two statements are true about the Intercompany Reconciliation report?

A) You can only drill down to the General Ledger journal and then from there to the Subledger journal entry.
B) It includes ledger balancing lines generated when the primary balancing segment value (BSV) is in balance, but either the second or third BSVs are not.
C) It displays the intercompany receivables and intercompany payables balances in summary for a period.
D) It displays all clearing company balancing lines for a period.
E) It can be run using an additional currency and conversion rate that converts all amounts into a common currency for comparison.

Solutions: