Blog

Ed Lee Ed Lee

0 Course Enrolled • 0 Course Completed

Biography

Tips to Crack the Oracle 1z0-1054-24 Exam

DOWNLOAD the newest Prep4SureReview 1z0-1054-24 PDF dumps from Cloud Storage for free: https://drive.google.com/open?id=1OdZTOVPg3zw5sNmVBEJZm3CoTSP4znrw

The Oracle 1z0-1054-24 is available in three easy-to-use forms. The first one is Oracle 1z0-1054-24 dumps PDF format. It is printable and portable. You can print Oracle Financials Cloud: General Ledger 2024 Implementation Professional (1z0-1054-24) questions PDF or access them via your smartphones, tablets, and laptops. The PDF format can be used anywhere and is essential for students who like to learn on the go.

Oracle 1z0-1054-24 Exam Syllabus Topics:

Topic
Details

Topic 1

Configuring Ledgers: This section of the exam measures the skills of an Implementation Consultant and focuses on setting up and maintaining ledgers. It explains managing ledger configurations, understanding the General Ledger balances cube for reporting purposes, and applying security controls to protect ledger data and ensure proper access management.

Topic 2

Managing Period Close Components: This section of the exam measures the skills of a Financial Consultant and covers activities necessary to complete a successful period close. It explains managing revaluations, translations, and consolidations, handling reconciliations, configuring the Close Monitor to track period close status, and creating allocations and periodic journal entries needed for finalizing accounting records.

Topic 3

Processing Journals: This section of the exam measures the skills of a Financial Consultant and covers the processes involved in capturing and managing journals. It explains how to configure journal approval workflows, outlines methods for entering journals, discusses average daily balance processing, and details the configuration and processing of intercompany transactions.

Topic 4

Configuring Enterprise and Financial Reporting Structures: This section of the exam measures the skills of an Implementation Consultant and covers the setup of enterprise structures necessary for financial reporting. It includes configuring the chart of accounts, setting up account hierarchies, managing accounting calendars, securing chart of accounts segments, and handling legal jurisdictions, authorities, legal entities, geographies, and currencies to support an organization's financial operations.

Topic 5

Using Financial Reporting: This section of the exam measures the skills of an Implementation Consultant and covers the use of financial reporting tools in Oracle Financials Cloud. It explains how to work with the Financial Reporting Center, create and manage reports using Financial Reporting Web Studio, use Oracle Transactional Business Intelligence (OTBI), leverage Smart View for reporting, and utilize the General Accounting Dashboard. It also describes analyzing budgets versus actuals with these tools.

>> Authorized 1z0-1054-24 Certification <<

1z0-1054-24 Actual Cert Test & 1z0-1054-24 Certking Torrent & 1z0-1054-24 Free Pdf

We also provide timely and free update for you to get more 1z0-1054-24 questions torrent and follow the latest trend. The 1z0-1054-24 exam torrent is compiled by the experienced professionals and of great value. You can master them fast and easily. We provide varied versions for you to choose and you can find the most suitable version of 1z0-1054-24 Exam Materials. So it is convenient for the learners to master the 1z0-1054-24 questions torrent and pass the 1z0-1054-24 exam in a short time.

Oracle Financials Cloud: General Ledger 2024 Implementation Professional Sample Questions (Q86-Q91):

NEW QUESTION # 86
What type ofusermust be defined before you can create anImplementation Project?

A. All roles that will be used throughout the implementation
B. None. The Fusion Applications Superuser, FAADMIN, has full access to create an Implementation Project.
C. None. The OIM system administrator user ID, XELSYSADM, which is assigned by the person provisioning the system, has full access.
D. Implementation Users
E. A full-time employee that has the FSM Superuser role assigned

Answer: B

NEW QUESTION # 87
What are the tables or views from which the Create Accounting program takes source data that is used in rules to create journal entries?

A. Mapping Sets
B. Accounting Attributes
C. Transaction Objects
D. Event Entities

Answer: C

NEW QUESTION # 88
On a primary ledger in the system options close section, the following field has been selected 'Prevent General Ledger Period Closure When Open Subledger Periods Exist'.
For which three subledgers can you opt out of the period close checking feature by using the lookup ORA_GL_INCLD_STRICT_PRD_CLOSE? (Choose three.)

A. Order Management
B. Revenue Management
C. Assets
D. Receipt accounting
E. Receivables

Answer: C,D,E

Explanation:
According to Oracle documentation3, you can opt out of the period close checking feature for these three subledgers by using the lookup ORA_GL_INCLD_STRICT_PRD_CLOSE: Receipt accounting, Receivables, and Assets. The period close checking feature prevents you from closing a General Ledger period if there are any open subledger periods that exist for that ledger. You can opt out of this feature for specific subledgers by using the lookup ORA_GL_INCLD_STRICT_PRD_CLOSE and setting the Enabled flag to No for those subledgers. Therefore, options A, B, and D are correct. Option C is incorrect because Revenue Management is not a subledger that can be opted out of the period close checking feature. Option E isincorrect because Order Management is not a subledger that can be opted out of the period close checking feature.

NEW QUESTION # 89
Your ledger currency is USD. At month end, you have a balance on the Accounts Payable Liability Account of 100,000 Euros, which is equivalent to 136,550 USD. This balance needs to be revalued. The month-end exchange rate for revaluation is 1 Euro = 1.3755 USD.
What two statements are true about the resulting revaluation run?

A. The original journal entry in Euros is updated.
B. The original journal entry in Euros remains the same.
C. You have an unrealized exchange gain recorded.
D. There is no unrealized exchange gain or loss calculated.
E. You have an unrealized exchange loss recorded.

Answer: B,E

Explanation:
The revaluation process is used to adjust account balances denominated in a foreign currency. Revaluation adjustments represent the difference in account balances due to changes in conversion rates between the date of the original journal and the revaluation date. These adjustments are posted through journal entries to the underlying account with the offset posted to an unrealized gain or loss account. The two statements that are true about the resulting revaluation run are:
* You have an unrealized exchange loss recorded: Since the ledger currency (USD) has depreciated against the foreign currency (Euro) from the date of the original journal to the revaluation date, the account balance in USD has increased. This means that you have a loss on the

NEW QUESTION # 90
TheDelete Translated Balancesprocess provides the ability to completely reset translations in the event that significant changesare made to the accounting configuration.
Once the deletion process completes, what additional process must you run?

A. Submit the Create General Ledger Balances Cube process to ensure that the balances cube maintains translated balances that are consistent with future translations.
B. Submit the Create Scenario Dimension Members process to ensure that the balances cube maintains translated balances that are consistent with future translations.
C. Submit the Create Currency Dimension Members process to ensure that the balances cube maintains translated balances that are consistent with future translations.
D. Submit the Update General Ledger Balances Cube process to ensure that the balances cube maintains translated balances that are consistent with future translations.

Answer: A

NEW QUESTION # 91
......

It is known to us that getting the 1z0-1054-24 certification is not easy for a lot of people, but we are glad to tell you good news. The 1z0-1054-24 study materials from our company can help you get the certification in a short time. Now we are willing to let you know our 1z0-1054-24 Practice Questions in detail on the website, we hope that you can spare your valuable time to have a look to our products. Please believe that we will not let you down.

1z0-1054-24 Valid Test Practice: https://www.prep4surereview.com/1z0-1054-24-latest-braindumps.html

P.S. Free 2025 Oracle 1z0-1054-24 dumps are available on Google Drive shared by Prep4SureReview: https://drive.google.com/open?id=1OdZTOVPg3zw5sNmVBEJZm3CoTSP4znrw

Cookie	Duration	Description
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Ed Lee Ed Lee

Biography

COOKIE NOTICE