Download Oracle Financials Cloud-General Ledger 2018 Implementation Essentials.actualtests.1z0-1004.2019-05-03.1e.44q.vcex

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Exam Oracle Financials Cloud: General Ledger 2018 Implementation Essentials
Number 1z0-1004
File Name Oracle Financials Cloud-General Ledger 2018 Implementation Essentials.actualtests.1z0-1004.2019-05-03.1e.44q.vcex
Size 29 Kb
Posted May 03, 2019
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Demo Questions

Question 1
When working with Essbase, versions of the tree hierarchy as defined in the General Ledger Cloud are not available in the Essbase balances cube. What should you do to correct this situation?

  • A: Make sure to flatten the rows of the tree version
  • B: Make sure the tree is active
  • C: Make sure the tree version was published successfully
  • D: Redeploy the chart of accounts



Question 2
You are setting up Close Monitor, which compromises a ledger set hierarchy definition.  
Which two components of the enterprise structure should the ledgers in the ledger set share? (Choose two.)

  • A: Accounting Calendar
  • B: Legal Entities, Business Units, and Chart of Accounts
  • C: Chart of Accounts
  • D: Chart of Accounts and Business Units
  • E: Chart of Accounts, Currency, Accounting Calendar, and Subledger Accounting Method



Question 3
You want to monitor the close process of all your financial subledgers and ledgers. How can you quickly obtain this information?

  • A: Use the Manage Accounting Periods page to view the status of all subledgers and ledgers
  • B: Access each subledgers’ calendar and General Ledger’s Manage Accounting Periods page to view the status of each period
  • C: Run Closing Status reports
  • D: Use Close Monitor in General Accounting Dashboard



Question 4
Your customer has three legal entities, 50 departments, and 10,000 natural accounts. They use intercompany entries. What is Oracle’s recommended practice when implementing a new chart of accounts? How many segments and what segment qualifiers should be used?

  • A: Define three segments for the company, department, and natural account. The qualifiers for the first segment should be primary balancing segment and intercompany segment, cost center segment, and natural account segment, respectively.
  • B: Define four segments for the company, department, natural account, and intercompany segment. The qualifiers should be primary balancing segment, cost center segment, and natural account segment, and intercompany segment, respectively.
  • C: Define three segments for the company, department, and natural account. The qualifiers should be primary balancing segment, cost center segment, and natural account segment, respectively.
  • D: Define five segments for the company, department, natural account, intercompany, and future use segment. The qualifiers should be primary balancing segment, cost center segment, natural account segment, intercompany segment, and no qualifier, respectively.



Question 5
You want to define an allocation rule where segment values are constants for rules and formulas. What should you do?

  • A: Never use the Outer Point of View (POV)
  • B: Always use the Outer Point of View (POV)
  • C: Specify Run Time Prompts (RTP)
  • D: Only specify segment values in formulas



Question 6
After loading your budget data into General Ledger Cloud, you can view budget balances using these features. Which feature does not belong on the list?

  • A: Application Development Framework Desktop Integration Budget Balances Report
  • B: Account Monitor
  • C: Smart View
  • D: Account Inspector



Question 7
You need to define multiple allocation rules as efficiency as possible.  
Which three components can be reused across allocation rules? (Choose three.)

  • A: Point of View (POV)
  • B: Formulas
  • C: Run Time Prompts (RTP)
  • D: RuleSets



Question 8
The budget managers specify the budget accounts they want to monitor and decide on percentage threshold of funds availability. Where must you define the details while analyzing budget balances in the Budget Account Monitor page?

  • A: Budget Controller
  • B: Budget Group
  • C: Account Group
  • D: Budget Account Group
  • E: Application Development Framework Desktop Integration (ADFdi)



Question 9
You are implementing Segment Value Security rules. Which two statements are true? (Choose two.)

  • A: When you enable Segment Value Security on a segment, users will not be able to access any values until you grant access to users and products
  • B: You can use hierarchies to define rules
  • C: When you enable or disable Segment Value Security, you do not need to redeploy your chart of accounts
  • D: The Segment Value Security rules do not take effect until you assign the rules to users and products



Question 10
Which three objectives must be considered when designing the chart of accounts? (Choose three.)

  • A: Anticipate growth and maintenance needs as organizational changes occur
  • B: Effectively manage an organization’s financial business
  • C: Try to use all 30 segments and 25 characters per segment because you cannot change it later
  • D: Consider implementing a single, global chart of accounts
  • E: Limit the number of segments to those you need today to reduce data entry









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