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Oracle 1z0-1054-23 Exam Syllabus Topics:

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

1. Which two statements are true regarding the Intercompany Reconciliation Report? (Choose two.)

A) You can only drill down to the general ledger journal and then from there to the subledger journal entry.
B) The report displays the intercompany receivables and intercompany payables balances in summary for a period.
C) The report 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) The report displays all clearing company balancing lines for a period.
E) The report can be run using an additional currency and conversion rate that converts all amounts into a common currency for comparison.

2. You are using account hierarchies for reporting and allocations.
Which two statements are true about these types of hierarchies? (Choose two.)

A) Hierarchies for reporting and allocations have to be published to Essbase cubes.
B) Hierarchies for reporting and allocations do not have to be published to Essbase cubes.
C) You can have only one version of a hierarchy published to the Essbase cube at any time.
D) Child values in these hierarchies can belong to only one parent.

3. Your company has complex consolidation requirements with multiple General Ledger instances. You are using Oracle Hyperion Financial Management to consolidate the disparate General Ledgers. You can typically map segments between your General Ledger segment to a Hyperion Financial Management segment, such as Company to Entity, Department to Department, and Account to Account What happens to segments in your source General Ledger, such as Program, that cannot be mapped to Hyperion Financial Management?

A) Data is summarized across segments that are not mapped to Hyperion Financial Management.
B) The unmapped segments default to future use segments in Hyperion Financial Management.
C) No data is transferred.
D) Errors occur for unmapped segments. You must map multiple segments from source General Ledgers to the target segment in Hyperion Financial Management.

4. You are trying to run a Financial Reporting Web Studio report from Financial Reporting Center. However, it is not appearing as a choice.
Which are two reasons for this? (Choose two.)

A) You have not downloaded the report to your local drive.
B) You have not saved it in the MyFolders directory.
C) You have not saved it in the Shared Folder/Custom/Financials directory.
D) You have not uploaded it to Financial Reporting Center.

5. You need to set up a calendar for the year Apr-XX to Mar-YY where YY is the following year, and you would like the periods to be named according to the year they fall in.
What format should you choose?

A) Calendar Year
B) Year
C) Period
D) Fiscal Year

Solutions: