Oracle Financials Cloud: General Ledger 2023 Implementation Professional - 1z0-1054-23 Free Exam Questions

QUESTION NO: 1
Which three factors should you consider while specifying Intercompany System options?

Correct Answer: B,D,E Vote an answer
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QUESTION NO: 2
You have a requirement to have invoices generated for certain Intercompany transactions.
Where do you enable invoicing?

Correct Answer: C Vote an answer
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QUESTION NO: 3
Which delivered role can access the full functionality of Functional Setup Manager?

Correct Answer: E Vote an answer
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QUESTION NO: 4
When creating your financial statements, you want a chart such as a bar graph to be included in the report output. Which two reporting tools allow you to achieve this?

Correct Answer: C,D Vote an answer
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QUESTION NO: 5
You have just been hired to add a new subsidiary to the corporate enterprise structure in the customer's Oracle Fusion Cloud.
The subsidiary will capture transaction information from subledgers in the local currency and under International Financial Reporting standards (IFRS) and local GAAP for corporate reporting requirements, which will report via the use of a secondary ledger.
The secondary ledger is used only at period end; there is no need to have real-time transaction or Journal details. It is noted that most of the accounting between IFRS and Corporate GAAP is similar.
Which conversion level would you recommend to keep a thin secondary ledger?

Correct Answer: B Vote an answer
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QUESTION NO: 6
A new Oracle Fusion Cloud client needs to produce an income statement on a regular basis using Smart View.
Which Smart View tool would be best for this?

Correct Answer: A Vote an answer
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