Free Practice Oracle 1D0-1054-24-D Exam Questions 2025

Stay ahead with 100% Free Oracle Financials Cloud: General Ledger 2024 Implementation Professional - Delta 1D0-1054-24-D Dumps Practice Questions

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Total 108 Questions | Updated On: Mar 25, 2025

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Question 1

Identify three roles that get access to the reports in the Fusion Accounting Hub Reporting Cloud Service (FAHRCS). (Choose three.)

A : Controller

B : General Accountant

C : General Accountant Manager

D : Business Intelligence Administrator (BI Admin)

E : Financial Analyst

Answer: A,C,D

Question 2

Your company has a legal entity in the UK, US, and CanadA. They can all share the same chart of accounts

but are required to transact and report in their local currency.

What is the minimum number of ledgers you need and why?

A : One, because they can all share the same chart of accounts

B : Three, because each requires a different currency

C : Two, because the US and Canada can share the same ledger because they are in North America

D : Four, because the UK has statutory requirements and you will need a separate ledger for statutory reporting

Answer: A

Question 3

Management has added a requirement to segregate the duties of transferring journals to the General Ledger from the posting function. Which two new features allow this segregation? (Choose two.)

A : Uncheck the Enable Posting from the Manage Subledger Accounting Options task.

B : Journal entry spreadsheets are not impacted by this new function.

C : Must have separate user defined roles using the privilegeXLA_CREATE_GENERAL_LEDGER_AND_SUBLEDGER _JOURNALS.

D : For previously scheduled automated processes, it is recommended to cancel and rescheduled the process for the option to be effective.

Answer: A,D

Question 4

You defined a tree or hierarchy, but you are unable to set its status to Active. What is the reason?

A : Two tree versions were not defined

B : An Audit process needs to be successfully performed before a tree version can be set to Active

C : Accounting Configuration was not submitted

D : Chart of accounts was not deployed

Answer: B

Question 5

During implementation, a consultant accidentally designated the cost center segment as the natural account.

Values have already been assigned and journals have been posted.

Select the process that allows you to change the qualifier back to cost center qualifier.

A : Create a new chart of accounts.

B : Delete the segment and create a new segment with the correct qualifier.

C : Change and save the segment qualifier.

D : Delete the chart of accounts and create a new one.

Answer: D

Page: 1 / 22

Total 108 Questions | Updated On: Mar 25, 2025

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