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Oracle 1z0-1054-23 Exam Syllabus Topics:

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

1. You need to add new transactional attributes to the journal approval notification in an implementation project.
Which two Business Intelligence catalog objects should you copy (or customize) and edit?

A) Sub template
B) Data model
C) Output type
D) Layout template
E) Style template

2. Which two statements are true about infotiles and infolets?

A) Infotiles have Front view. Back view, and Expanded view.
B) Infolets are accessed only from the News Feed home page layout.
C) Infotiles pull data from a Smart View analysis.
D) You can create your own user-defined infolets.
E) You can refresh infolets to see up-to-date data.

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

A) 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.
B) It displays the intercompany receivables and intercompany payables balances in summary for a period.
C) It can be run using an additional currency and conversion rate that converts all amounts into a common currency for comparison.
D) It displays all clearing company balancing lines for a period.
E) You can only drill down to the General Ledger journal and then from there to the Subledger journal entry.

4. Your customer uses Financials Cloud, Projects, Inventory, and SCM.
Which two statements are true regarding intercompany accounting for these products? (Choose two.)

A) In Financials Cloud, Intercompany Balancing Rules are used to balance both cross-ledger allocation journals and single-ledger journals.
B) Intercompany balancing rules in General Ledger need to be mapped with the intercompany configuration in each product.
C) Intercompany Balancing Rules are defined centrally and applied across Financials and Projects.
D) Each product has its own Intercompany Accounting feature that needs to be configured separately.

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

Solutions: