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Oracle 1z0-1054-23 Exam Syllabus Topics:

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

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

2. Which two statements are true about the Intercompany Reconciliation report?

A) It displays the intercompany receivables and intercompany payables balances in summary for a period.
B) It displays all clearing company balancing lines for a period.
C) It includes ledger balancing lines generated when the primary balancing segment value (BSV) is in balance, but either the second or third BSVs are not.
D) It can be run using an additional currency and conversion rate that converts all amounts into a common currency for comparison.
E) You can only drill down to the General Ledger journal and then from there to the Subledger journal entry.

3. 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 Source
D) The Data Model
E) The Sub_Template

4. Your customer uses Financials Cloud, Projects, Inventory, and SCM.
Which two statements are true regarding intercompany accounting for these products? (Choose two.)

A) Intercompany balancing rules in General Ledger need to be mapped with the intercompany configuration in each product.
B) Intercompany Balancing Rules are defined centrally and applied across Financials and Projects.
C) In Financials Cloud, Intercompany Balancing Rules are used to balance both cross-ledger allocation journals and single-ledger journals.
D) Each product has its own Intercompany Accounting feature that needs to be configured separately.

5. 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 Source
D) The Data Model
E) The Sub_Template

Solutions: