Free 1z0-1054-25 Questions for Oracle Financials Cloud: General Ledger 2025 Implementation Professional 1z0-1054-25 Exam as PDF & Practice Test Engine
You are creating values for thechart of account value setthat you are planning to use for theaccount segmentwithin yourChart of Accounts. You are not able to assign anAccount Type.
What is the reason for this?
What is the reason for this?
Correct Answer: A
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There is a business requirement for a subsidiary company to report to the parent company on a monthly basis.
Given that:
The subsidiary is in another country from the parent.
There is no requirement to have daily balances.
The objective is to minimize the data stored in the reporting currency.
Which data conversion level should you recommend?
Given that:
The subsidiary is in another country from the parent.
There is no requirement to have daily balances.
The objective is to minimize the data stored in the reporting currency.
Which data conversion level should you recommend?
Correct Answer: C
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A new Oracle Fusion Cloud client needs to produce an income statement on a regular basis using Smart View.
Which Smart View tool would be best for this?
Which Smart View tool would be best for this?
Correct Answer: C
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You are capturing rental costs for a building in a corporate cost center. At month end, you want to allocate those costs to the cost centers in the building based on the floor area occupied. A statistical journal has been entered to record the floor area. You use Calculation Manager to create the allocation.
Where do you reference the statistical balance within the allocation component?
Where do you reference the statistical balance within the allocation component?
Correct Answer: B
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TheDelete Translated Balancesprocess provides the ability to completely reset translations in the event thatsignificant changesare made to the accounting configuration.
Once the deletion process completes, what additional process must you run?
Once the deletion process completes, what additional process must you run?
Correct Answer: A
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Your customer isexpanding its operations. You defined a newledgerand severalbusiness units. However, you areunable to assignthe newly generateddata rolesto existingAccounts Payables and Accounts Receivablesusers in the shared service center.
What should you do to correct the problem?
What should you do to correct the problem?
Correct Answer: B
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Which two statements are true about balances cubes in General Ledger?
Correct Answer: B,E
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You need to integrateFusion Accounting Hubwithexternal source systemsused forBilling. Identify the step that isnot correctwhen implementing this integration.
Correct Answer: D
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