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Oracle 1z0-1054-23 Exam Syllabus Topics:

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

1. When creating your financial statements, you want a chart such as a bar graph to be included in the report output. Which two reporting tools allow you to achieve this?

A) Account Inspector
B) Smart View
C) Financial Statement Generator
D) Financial Reporting Studio

2. For translation purposes, the Financials reporting team has decided to load the monthly Historical currency rates by using File-Based Data Interface (FBDI).
What happens to the existing historical rate for a specific ledger, currency, account combination, and accounting period if they use insert in the spreadsheet?

A) The historical rate is replaced.
B) The existing historical rate is deleted.
C) Nothing, existing historical rates are not updated.
D) Historical rates are converted into an average rate (original and new rate).

3. You need to define a chart of accounts that includes an intercompany segment. Your customer plans to use segment value security rules for the Company segment.
What is Oracle's recommended method to define this chart of accounts?

A) Define the company segment and assign both the primary balancing segment and intercompany segment labels.
B) Create two different value sets for the company and intercompany segments.
C) Define the intercompany segment with a default value.
D) Share the same value set for the company and intercompany segments.

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

5. In the implementation project, there is a requirement to add new transactional attributes to the journal approval notification.
Which two Business Intelligence catalog objects should you copy (or customize) and edit? (Choose two.)

A) The layout Template
B) The Style Template
C) The Data Model
D) The Sub Template
E) Output type

Solutions: