Free 1D0-1054-24-D Practice Exam Questions Online

Why Oracle 1D0-1054-24-D Practice Exam Questions?

Ready to level up your Oracle 1D0-1054-24-D exam study? Just TheExamsLab 1D0-1054-24-D practice tests free.

1D0-1054-24-D exam questions are expertly crafted practice tests designed to simulate the real Oracle certification exam environment and help you assess your knowledge and figure out where you are lacking. From our free Oracle Financials Cloud: General Ledger 2024 Implementation Professional - Delta 1D0-1054-24-D practice exam, you will feel secure in passing any question type or time limit. TheExamsLab offers the 1D0-1054-24-D exam questions 2024. Don’t settle or do it half-heartedly get the best and invest in the best what you want is what you get.

Page: 1 / 22

Total 108 Questions | Updated On: Nov 18, 2024

Add To Cart

Question 1

Your enterprise structure has one ledger and two business units. Business unit one wants to enable budgetary control for Requisitioning only on Procure-to-Pay Business Functions and business unit two wants to enable budgetary control for Payable Invoicing only in Procure-to-Pay Business Functions. Which two statements are correct? (Choose two.)

A : While defining control for business unit two, enable control at Requisitioning and define the exceptions to only include invoicing

B : While defining control for business unit one, enable control at purchasing and define the exceptions to only include requisitioning

C : Define budgetary control at ledger level with Budgetary Control Exceptions for each business unit

D : While defining control for business unit one, disable control for Purchasing, Payable Invoicing, and Receiving

E : Define budgetary control at ledger level and only encumbrance control at the business units

F : Define control for business unit two to disable control for Requisitioning, Purchasing, and Receiving

Answer: A,D

Question 2

You are defining intercompany balancing rules that are applied to a specific source and category, such as

payable and invoices, or a specific intercompany transaction type, such as Intercompany Sales.

Which two statements are correct? (Choose two.)

A : You can create a rule for all sources and categories by selecting the source “Other” and the category “Other”.

B : If you choose to have rules at various levels, then intercompany balancing evaluates the rules in this order: Ledger, Legal Entity, chart of accounts, and primary balancing segment value.

C : You must define rules for every combination of specific categories and sources. Otherwise, the intercompany balancing will not work.

D : Set up a chart of accounts rule for every chart of accounts structure you have in order to ensure that Intercompany Balancing will always find a rule to use to generate balancing accounts.

Answer: A,D

Question 3

You create an invoice for USD 100 that is matched to a purchase order of USD 100. You validate the invoice to consume the budget and reduce funds available. And then later, you cancel the invoice. What happens to funds available when you cancel an invoice that requires budgetary control?

A : Funds available will change when the invoice is approved

B : The funds reserved for the purchase order is reinstated while the invoice expenditure is reserved by USD 100

C : The budget will increase by USD 100 and the funds available will decrease by USD 100

D : The budget and funds available will increase by USD 100

Answer: B

Question 4

Most of the accounting entries for transactions form your source system use TRANSACTION_AMOUNT as a source of the entered amount accounting attribute. For some events, you need to use TAX_AMOUNT as the source. At what level can you override the default accounting attribute assignment?

A : Journal Entry Rule Set

B : Event Type

C : Journal Line Rule

D : Journal Entry

E : Event Class

Answer: C

Question 5

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

Page: 1 / 22

Total 108 Questions | Updated On: Nov 18, 2024

Add To Cart