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Oracle 1z0-1054-23 Exam Syllabus Topics:

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

Question #1

You need to define a chart of accounts that includes an intercompany segment. Your customer plans to use segment value security rules for the Company segment.
What is Oracle's recommended method to define this chart of accounts?

A. Create two different value sets for the company and intercompany segments.
B. Define the company segment and assign both the primary balancing segment and intercompany segment labels.
C. Define the intercompany segment with a default value.
D. Share the same value set for the company and intercompany segments.

Question #2

Your customer has a number of Chart of Account Mapping Rules for their Primary and Secondary ledgers.
You decide to use the FBDI template to load the rules.
Which two statements are true when using this method of entry? (Choose two.)

A. You can create, update, and delete account rules for a chart of accounts mapping.
B. You can create, update, and delete segment rules for a chart of accounts mapping.
C. You can download the template only from the Manage Chart of Accounts Mappings page.
D. It supports external integration using REST services.

Question #3

You have three ledgers that use the same chart of accounts with one intercompany payable and one intercompany receivable account. The chart of accounts also has an intercompany segment. Each ledger has one legal entity assigned to it and each legal entity is associated with one balancing segment value.
At what level should you define the default intercompany balancing rule?

A. Primary balancing segment rule
B. Chart of accounts rule
C. Ledger-level rule
D. Legal entity-level rule

Question #4

You are setting up Close Monitor and want to view high-level profit and loss results for each ledger.
What should you associate with the ledger set to achieve this?

A. Financial Reporting Web Studio report
B. OTBI report
C. Trial Balance report
D. Account group

Question #5

Which two allow access to the BI Catalog for creating an Oracle Transactional Business Intelligence analysis?
(Choose two.)

A. Enterprise Performance Management Workspace
B. Business Process Management Workspace
C. Scheduled Processes
D. Reports and Analytics
E. Universal Content Management Workspace

Solutions: