Oracle Financials Cloud: General Ledger 2022 Implementation Professional - 1z0-1054-22 Exam Practice Test

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

A. CVRs only test new account combinations being inserted into the table. They ignore any invalid account combinations already existing in the table B. Nothing has changed. If you have an invalid account combination existing in the table, you must deactivate it to prevent further usage C. If CVR determines that an invalid combination exists in the CCID table, it will automatically disable that account code combination. D. CVRs are assigned to the end user role; therefore controlling what account code combination individuals can leverage in the General Ledger and the subledgers

A. The general accountant has a segment value security rule assigned which restricts access to that cost center B. The general accountant does not have the Financials Application administrator role assigned and, therefore, has view-only privileges on this page C. There is a primary balancing segment attached to the legal entity of the primary ledger D. A cross validation rule is in place to prevent the resulting combination from being created

A. Intercompany Balancing Rules are defined centrally and applied across Financials and Projects B. Intercompany balancing rules in General Ledger need to be mapped with the intercompany configuration in each product C. Each product has its own Intercompany Accounting feature that needs to be configured separately D. In Financials Cloud, Intercompany Balancing Rules are used to balance both cross-ledger allocation journals and single-ledger journals

A. whether to allow receivers to reject intercompany transactions B. whether to enforce an enterprise-wide currency or allow intercompany transactions in local currencies C. automatic or manual batch numbering and the minimum transaction amount D. the approvers who will approve intercompany transactions E. automatic or manual batch numbering and the maximum transaction amount

A. when the journal is not balanced by the primary balancing segment value (BSV) B. when the journal is balanced by the primary BSV but not by second or third BSV C. when there is a many-to-many journal and you want to use a clearing company D. when the journal is balanced by second balancing segment value

A. The budget will increase by USD 100 and the funds available will decrease by USD 100 B. The funds reserved for the purchase order is reinstated while the invoice expenditure is reserved by USD 100 C. Funds available will change when the invoice is approved D. The budget and funds available will increase by USD 100