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Oracle 1z0-1054-23 Exam Syllabus Topics:

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

Question 1

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

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

Question 2

An Oracle Fusion Cloud customer has a complex enterprise structure that includes multiple legal entities in multiple countries. To match the intercompany balancing requirements, all four levels of rules have been defined. In user testing, the business experts are asking which rule will be considered first when balancing an intercompany journal?

A. Primary balancing segment rule
B. Legal entity-level rule
C. Chart of accounts rule
D. Ledger-level rule

Question 3

You have three ledgers that use the same chart of accounts with one intercompany payable and one intercompany receivable account. The chart of accounts also has an intercompany segment. Each ledger has one legal entity assigned to it and each legal entity is associated with one balancing segment value.
At what level should you define the default intercompany balancing rule?

A. Primary balancing segment rule
B. Legal entity-level rule
C. Chart of accounts rule
D. Ledger-level rule

Question 4

In the implementation project, there is a requirement to add new transactional attributes to the journal approval notification.
Which two Business Intelligence catalog objects should you copy (or customize) and edit? (Choose two.)

A. Output type
B. The Sub Template
C. The Data Model
D. The Style Template
E. The layout Template

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. Period
B. Calendar Year
C. Fiscal Year
D. Year

Solutions: