Oracle 1z0-1054-23 Questions & Answers - in .pdf
- Vendor: Oracle
- Exam Code: 1z0-1054-23
- Exam Name: Oracle Financials Cloud: General Ledger 2023 Implementation Professional
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- Exam Code: 1z0-1054-23
- Exam Name: Oracle Financials Cloud: General Ledger 2023 Implementation Professional
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Oracle 1z0-1054-23 Exam Overview:
| Certification Vendor: | Oracle |
| Exam Name: | Oracle Financials Cloud: General Ledger 2023 Implementation Professional |
| Exam Number: | 1Z0-1054-23 |
| Passing Score: | 68% |
| Exam Format: | Multiple Choice |
| Exam Duration: | 90 minutes |
| Related Certifications: | Oracle Financials Cloud Certification Oracle Cloud ERP Financials |
| Exam Price: | $245 USD |
| Certificate Validity Period: | Oracle Cloud certifications are typically valid for the corresponding product release cycle |
| Available Languages: | English |
| Real Exam Qty: | 50 |
| Sample Questions: | Oracle 1z0-1054-23 Sample Questions |
| Exam Way: | Online proctored exam or test center delivery through Oracle Certification program. |
| Pre Condition: | Oracle recommends implementation experience with Oracle Financials Cloud General Ledger and related ERP Financials modules. |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1z0-1054-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Enterprise Structure and General Ledger Setup | - Enterprise Configuration
|
| Topic 2: Period Close and Financial Reporting | - Close and Reporting Activities
|
| Topic 3: Ledger Configuration | - Ledger Management
|
| Topic 4: Journal Processing | - Journal Management
|
| Topic 5: Security and Data Access | - Access Management
|
| Topic 6: Intercompany Accounting | - Intercompany Processing
|
| Topic 7: Budgeting and Allocations | - Financial Planning
|
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) Layout template
B) Output type
C) Sub template
D) Style template
E) Data model
2. You have just been hired to add a new subsidiary to the corporate enterprise structure in the customer's Oracle Fusion Cloud.
The subsidiary will capture transaction information from subledgers in the local currency and under International Financial Reporting standards (IFRS) and local GAAP for corporate reporting requirements, which will report via the use of a secondary ledger.
The secondary ledger is used only at period end; there is no need to have real-time transaction or Journal details. It is noted that most of the accounting between IFRS and Corporate GAAP is similar.
Which conversion level would you recommend to keep a thin secondary ledger?
A) Balance level
B) Adjustment only
C) Sub-ledger level.
D) Journal ledger
3. You are planning to create an Income Statement using Smart View.
Which Smart View tool should you use for this?
A) Smart Slices
B) Smart Queries
C) Ad Hoc Analysis
D) Query Designer
4. 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) Journal Level
C) Adjustment only level
D) Spreadsheet level
E) Subledger level
5. You are trying to run a Financial Reporting Web Studio report from Financial Reporting Center. However, it is not appearing as a choice.
Which are two reasons for this? (Choose two.)
A) You have not saved it in the MyFolders directory.
B) You have not downloaded the report to your local drive.
C) You have not uploaded it to Financial Reporting Center.
D) You have not saved it in the Shared Folder/Custom/Financials directory.
Solutions:
| Question # 1 Answer: A,E | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: A,C |
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