Free Practice Oracle 1Z0-1054-24 Exam Questions 2025

Stay ahead with 100% Free Oracle Financials Cloud: General Ledger 2024 Implementation Professional 1Z0-1054-24 Dumps Practice Questions

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Total 170 Questions | Updated On: May 04, 2024

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Question 1

When constructing a new chart of accounts instances, it has been decided to control the list of values within certain segments, with the use of related value sets. When defining new related value sets, which three configuration steps should be considered?

A : Link two value sets together

B : Use independent validation type value sets only

C : Order of the segments determines filtering sequence

D : Use table validated type value sets only

E : Link multiple value sets together

F : Order of the segments does not determine filtering sequence.

Answer: A,B,C

Question 2

Which subject area has been enhanced to allow you to drill down from OTBI General Ledger Reports to a General Ledger journal?

A : General Ledger - Journal Transaction Balances Real Time

B : General Ledger – Journal Balances Real Time

C : General Ledger – Summary Journals Real Time

D : General Ledger – Journals Real Time

Answer: D

Question 3

Your user forgot the password. How do you resolve this?

A : Use the Manage Users page to update the user's information and change the password.

B : Create a new user ID and password for the user.

C : Log in to the user's machine as an Administrator and change the password from the login password.

D : Use Oracle Identity Management (OIM) to reset the user's password.

E : Use Access Policy Manager (APM) to reset the user's password.

Answer: D

Question 4

The Cloud Client wants to add a global branding logo and more predefined transactional attributes to the journal approval email notification. Which two Business Intelligence catalog objects should you copy (or customize) and edit? (Choose two.)

A : Output type

B : The layout-Template

C : The Data Model

D : The Data Source

E : The Sub_Template

Answer: B,C

Question 5

Before implementing Financials Cloud, your customer used to manually reconcile their intercompany payables and receivables accounts. What is a more automated approach to do this?

A : Use Oracle Hyperion Close Manager to automatically reconcile intercompany account balances

B : In Financials Cloud, you must manually reconcile your intercompany account balances

C : Run the BI Publisher reports called Intercompany Transaction Summary and Account Details to automatically reconcile intercompany balances

D : Run the Intercompany Reconciliation report, which shows pairs of intercompany receivables and payables accounts that are out of balance

E : Create a query using Oracle Transactional Business Intelligence (OTBI) that will match the intercompany payables and receivables balances

Answer: D

Page: 1 / 34

Total 170 Questions | Updated On: May 04, 2024

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