1Z0-1054-24 TEST TUTORIALS - LATEST 1Z0-1054-24 DUMPS PPT

1z0-1054-24 Test Tutorials - Latest 1z0-1054-24 Dumps Ppt

1z0-1054-24 Test Tutorials - Latest 1z0-1054-24 Dumps Ppt

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Oracle 1z0-1054-24 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Using Financial Reporting: This section of the exam measures the skills of an Implementation Consultant and covers the use of financial reporting tools in Oracle Financials Cloud. It explains how to work with the Financial Reporting Center, create and manage reports using Financial Reporting Web Studio, use Oracle Transactional Business Intelligence (OTBI), leverage Smart View for reporting, and utilize the General Accounting Dashboard. It also describes analyzing budgets versus actuals with these tools.
Topic 2
  • Managing Period Close Components: This section of the exam measures the skills of a Financial Consultant and covers activities necessary to complete a successful period close. It explains managing revaluations, translations, and consolidations, handling reconciliations, configuring the Close Monitor to track period close status, and creating allocations and periodic journal entries needed for finalizing accounting records.
Topic 3
  • Configuring Enterprise and Financial Reporting Structures: This section of the exam measures the skills of an Implementation Consultant and covers the setup of enterprise structures necessary for financial reporting. It includes configuring the chart of accounts, setting up account hierarchies, managing accounting calendars, securing chart of accounts segments, and handling legal jurisdictions, authorities, legal entities, geographies, and currencies to support an organization's financial operations.
Topic 4
  • Processing Journals: This section of the exam measures the skills of a Financial Consultant and covers the processes involved in capturing and managing journals. It explains how to configure journal approval workflows, outlines methods for entering journals, discusses average daily balance processing, and details the configuration and processing of intercompany transactions.
Topic 5
  • Configuring Ledgers: This section of the exam measures the skills of an Implementation Consultant and focuses on setting up and maintaining ledgers. It explains managing ledger configurations, understanding the General Ledger balances cube for reporting purposes, and applying security controls to protect ledger data and ensure proper access management.

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Oracle Financials Cloud: General Ledger 2024 Implementation Professional Sample Questions (Q82-Q87):

NEW QUESTION # 82
You are implementing amultipillarimplementation of bothHCM CloudandERP Cloud. You are implementingERP first, followed byHCM Cloud. You want to ensure yourledgers and chart of accounts are correctly defined.
What should you do? (Choose three.)

  • A. Create your chart of accounts in the following order: value sets, COA structure, and instance before assigning values to the value sets.
  • B. Deploy your chart of accounts.
  • C. Use the Rapid Implementation spreadsheet when creating your enterprise structure.
  • D. Use HCM's Enterprise Structure Configurator (ESC) first.
  • E. Use file-based spreadsheet loaders using UCM to mass load and maintain chart of accounts segment values and hierarchies.

Answer: A,C,D


NEW QUESTION # 83
On a primary ledger in Use system options close section, the following field has been selected:
'Prevent General Ledger Period Close When Open Subledger Periods Exist'.
What three exceptions will prevent closing of the accounting period?

  • A. Pending Intercompany Transactions
  • B. No pending transaction in the General Ledger Interface table
  • C. Intercompany Transactions are completed
  • D. Pending Transaction in General Ledger Interface

Answer: A,C,D


NEW QUESTION # 84
You have set up asupporting reference with balancesto capturerevenue by account manager.
Which option should you use to view thesupporting reference balances?

  • A. An Account Group
  • B. A SmartView analysis
  • C. General Ledger inquiries and reports
  • D. An OTBI analysis

Answer: D


NEW QUESTION # 85
You attempt to activate a tree version, but the audit process fails. In which two ways can you resolve this?

  • A. Make sure all users sign out of the calculation manager.
  • B. Run the Chart of Accounts Deployment process.
  • C. Ensure that you do not assign children to child values.
  • D. Run the Publish Chart of Accounts Dimension Members and Hierarchies program.
  • E. Ensure that parent values have the summary attributes set correctly.

Answer: C,E


NEW QUESTION # 86
You are using theCreate Budgets in a Spreadsheetoption toload your budget balancesinto theGL balances cube. YourFYXX Budgetis not appearing in theBudget Namelist of values.
Which two are the reasons for this?

  • A. The Transfer Budget Balances to Budget Cubes has not been run.
  • B. Budgeting has not been enabled in the ledger options.
  • C. A value for the budget scenario has not been created.
  • D. The Publish Chart of Accounts Dimension Members and Hierarchies to the Balances Cube has not been run.
  • E. The Create Scenario Dimension Members program has not been run.

Answer: C,E


NEW QUESTION # 87
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