Download Oracle Financials Cloud-General Ledger 2020 Implementation Essentials.PremDumps.1Z0-1054-20.2020-12-22.1e.37q.vcex

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Exam Oracle Financials Cloud: General Ledger 2020 Implementation Essentials
Number 1Z0-1054-20
File Name Oracle Financials Cloud-General Ledger 2020 Implementation Essentials.PremDumps.1Z0-1054-20.2020-12-22.1e.37q.vcex
Size 27 Kb
Posted December 22, 2020
Downloads 69

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Demo Questions

Question 1
Which feature outside of reporting and analysis leverages the Essbase cube?

  • A: revaluations and translation to revalue and translate currencies stored in the Essbase cube
  • B: calculation manager to perform allocations based on multidimensional balances and budgets
  • C: period closing and opening of ledgers to keep General Ledger Cloud and the Essbase cubes in sync
  • D: journal entries and journal approval to create journals that update balances to the cube directly

Question 2
Which reporting tool is best suited for submitting high-volume transactional reports, such as Invoice Registers or Trial Balance reports, that can be configured to extract the data in Rich Text Format or xml?

  • A: Oracle Transactional Business Intelligence (OTBI)
  • B: Business Intelligence Publisher (BI Publisher)
  • C: Financial Reporting Center 
  • D: Smart View
  • E: Oracle Data Visualization Cloud Service

Question 3
You want to process multiple allocations at the same time. What feature do you use?

  • A: RuleSets
  • B: Formulas
  • C: General Ledger journal entries
  • D: Point of View (POV) 

Question 4
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 5
You are creating financial statements and want to have charts, such as a bar graph, automatically inserted to improve the understanding financial results. How would you achieve this?

  • A: Use Smart View, which is an Excel Add-on
  • B: Use Account Inspector that automatically creates graphs on financial balances
  • C: When viewing the report, download to Excel and use Excel's Charting features to create your bar graph
  • D: When designing your financial statement using Financial Report (FR), embed a chart into your report 

Question 6
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 7
In Financial Cloud, which three reporting tools can be used to access General Ledger balances? (Choose three.)

  • A: Application Composer
  • B: Oracle Enterprise Repository
  • C: Oracle Transactions Business Intelligence
  • D: Financial Reporting Studio
  • E: Smart View 

Question 8
  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 9
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 10
Most of the accounting entries for transactions form your source system use TRANSACTION_AMOUNT as a source of the entered amount accounting attribute. For some events, you need to use TAX_AMOUNT as the source. 
At what level can you override the default accounting attribute assignment?

  • A: Journal Entry Rule Set 
  • B: Event Type
  • C: Journal Line Rule
  • D: Journal Entry
  • E: Event Class


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