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Oracle 1z0-1054-23 Exam Syllabus Topics:

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

Question 1

What are two uses of the Column Flattening and Row Flattening features? (Choose two.)

A. Set the status of a tree to active.
B. Create additional versions of a tree.
C. Verify correctness of trees.
D. Optimize parent/child relationships.
E. View information for runtime performance.

Question 2

On a primary ledger in the system options close section, the following field has been selected 'Prevent General Ledger Period Closure When Open Subledger Periods Exist'.
For which three subledgers can you opt out of the period close checking feature by using the lookup ORA_GL_INCLD_STRICT_PRD_CLOSE? (Choose three.)

A. Revenue Management
B. Order Management
C. Receivables
D. Receipt accounting
E. Assets

Question 3

A company implementing Oracle General Ledger has a business requirement to report under two accounting conventions and is considering setting up a primary and secondary ledger. The two accounting standards are very close.
Which data conversion level should you recommend to ensure only manual journals will be entered in the secondary ledger?

A. Adjustment only level
B. Balance level
C. FBDI level
D. Subledger level
E. Journal level

Question 4

Which two are valid Data Access Set types? (Choose two.)

A. Read Only access
B. Read and Write access
C. Full access
D. Full Ledger
E. Primary Balancing Segment Value

Question 5

Your customer has a number of Chart of Account Mapping Rules for their Primary and Secondary ledgers.
You decide to use the FBDI template to load the rules.
Which two statements are true when using this method of entry? (Choose two.)

A. It supports external integration using REST services.
B. You can create, update, and delete segment rules for a chart of accounts mapping.
C. You can download the template only from the Manage Chart of Accounts Mappings page.
D. You can create, update, and delete account rules for a chart of accounts mapping.

Solutions: