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Oracle 1z0-1054-23 Exam Syllabus Topics:

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

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

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

3. Which two statements are true about infotiles and infolets?

A) Infolets are accessed only from the News Feed home page layout.
B) You can refresh infolets to see up-to-date data.
C) Infotiles pull data from a Smart View analysis.
D) Infotiles have Front view. Back view, and Expanded view.
E) You can create your own user-defined infolets.

4. You are using Oracle General Ledger (GL), Oracle Payables, and Oracle Receivables and you want to prevent the closure of the GL period if the corresponding subledger period is not closed. How do you achieve this?

A) Opt in to the Prevent Period Close option for the offering.
B) Set the relevant option on the Specify Ledger Options page.
C) You don't have to do anything; this option is enabled automatically.
D) Set the ORA_GLJNCLD_STRICT_PRD_CLOSE profile option to yes.

5. Which two statements are true about balances cubes in General Ledger?

A) A new balances cube is created for a unique combination of ledger and currency.
B) They are updated automatically when the Translation process is run.
C) They are updated automatically when the Revaluation process is run.
D) New dimensions can be added to a General Ledger balances cube.
E) They are updated automatically when the General Ledger period is opened.

Solutions: