Jack Lee Jack Lee's Profile Page

Jack Lee Jack Lee

0 Course Enrolled • 0 Course Completed

Biography

Test 1z0-1054-24 Guide - Relevant 1z0-1054-24 Exam Dumps

2025 Latest TopExamCollection 1z0-1054-24 PDF Dumps and 1z0-1054-24 Exam Engine Free Share: https://drive.google.com/open?id=1nsK6tok039iLCui7rZuCcsWRoOZOMpW-

Created on the exact pattern of the Actual 1z0-1054-24 Tests, TopExamCollection’s dumps comprise questions and answers and provide all important information in easy to grasp and simplified content. The easy language does not pose any barrier for any learner. The complex portions of the certification syllabus have been explained with the help of simulations and real-life based instances. The best part of TopExamCollection’s dumps is their relevance, comprehensiveness and precision. You need not to try any other source for exam preparation. The innovatively crafted dumps will serve you the best; imparting you information in fewer number of questions and answers.

Oracle 1z0-1054-24 Exam Syllabus Topics:

Topic
Details

Topic 1

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.

Topic 2

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 3

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 4

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 5

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.

>> Test 1z0-1054-24 Guide <<

Pass-Sure Test 1z0-1054-24 Guide | Amazing Pass Rate For 1z0-1054-24: Oracle Financials Cloud: General Ledger 2024 Implementation Professional | Useful Relevant 1z0-1054-24 Exam Dumps

TopExamCollection trained experts have made sure to help the potential applicants of Oracle 1z0-1054-24 certification to pass their Oracle 1z0-1054-24 exam on the first try. Our PDF format carries real Oracle 1z0-1054-24 Exam Dumps. You can use this format of Oracle 1z0-1054-24 actual questions on your smart devices.

Oracle Financials Cloud: General Ledger 2024 Implementation Professional Sample Questions (Q32-Q37):

NEW QUESTION # 32
You are using the Create Budgets in a Spreadsheet option to load your budget balances into the General Ledger balances cube. Your FYXX Budget is not appearing in the Budget Name list of values.
What are two reasons for this?

A. Transfer Budget Balances to Budget Cubes has not been run.
B. A value for the budget scenario is not created.
C. Budgeting is not enabled in the Ledger options.
D. Publish Chart of Accounts Dimension Members and Hierarchies to the Balances Cube has not been run.
E. The Create Scenario Dimension Members program has not been run.

Answer: B,E

Explanation:
To use the Create Budgets in a Spreadsheet option, you need to have a budget scenario value and a scenario dimension member for your budget. A budget scenario value is a user-defined value that identifies a budget, such as FYXX Budget. A scenario dimension member is a member of the scenario dimension in the General Ledger balances cube that corresponds to a budget scenario value, such as FYXX_Budget. You can create budget scenario values and scenario dimension members using the Manage Budget Scenario Values task or the Create Scenario Dimension Members program. If you do not create these values and members, your budget will not appear in the Budget Name list of values in the spreadsheet. Therefore, the two reasons for your issue are:
* A value for the budget scenario is not created: You need to create a budget scenario value for your budget using the Manage Budget Scenario Values task. This task enables you to define and maintain budget scenario values and their attributes, such as description, start date, end date, and status. You can also specify whether the budget scenario value is enabled for budgeting and reporting. You need to enable the budget scenario value for budgeting to use it in the spreadsheet.
* The Create Scenario Dimension Members program has not been run: You need to run the Create Scenario Dimension Members program to create scenario dimension members for your budget scenario values. This program automatically creates scenario dimension members for all budget scenario values that are enabled for budgeting and do not have existing scenario dimension members. You can run this program manually or schedule it to run periodically. You need to run this program after you create or update budget scenario values to ensure that they are reflected in the scenario dimension.
References:
* Create Budgets in a Spreadsheet
* Manage Budget Scenario Values
* Create Scenario Dimension Members

NEW QUESTION # 33
Your company wants to change theCumulative Translation Adjustment (CTA) accountto record gains
/losses from varying currency rates.
What steps must you perform to achieve this objective without causing data corruption?

A. Purge all translated balances, change the CTA account in the Ledger page, and rerun Translation for all periods required.
B. Open the Ledgers page and update the CTA account and then rerun Translation for all periods required.The system will automatically update the translated balances.
C. Query the Translation journals and delete all of them, then change the CTA account in the Ledger page, and rerun Translation for all periods required.
D. Define a new ledger and accounting configuration. The CTA account cannot be updated after the ledger has been in use.

Answer: A

NEW QUESTION # 34
Your customer has alarge number of legal entities. Thelegal entity valuesare defined in thecompany segment and the primary balancing segment.
They want to easily createeliminating entriesfor theintercompany activity.
What should you recommend?

A. Define an intercompany segment and qualify it as the second balancing segment to make sure all entries are balanced for the primary balancing segment and intercompany segment.
B. There is no need to define an intercompany segment, the Intercompany module keeps track of the trading partners for you based on the Intercompany rules you define.
C. There is no need to define an intercompany segment. You can track the Intercompany trading partner using distinct intercompany receivable/payable natural accounts to identify the trading partner.
D. Define an intercompany segment in the chart of accounts. The Intercompany module and theIntercompany balancing feature in general ledger and subledger accounting will automatically populate the intercompany segment with the balancing segment value of the legal entity with which you are trading.

Answer: D

NEW QUESTION # 35
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. It supports external integration using REST services.
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. You can create, update, and delete account rules for a chart of accounts mapping.

Answer: B,D

Explanation:
According to Oracle documentation3, when using FBDI template to load Chart of Account Mapping Rules for their Primary and Secondary ledgers, you can create, update, and delete account rules for a chart of accounts mapping, and you can create, update, and delete segment rules for a chart of accounts mapping. FBDI enables you to import chart of accounts mapping rules from a spreadsheet template into General Ledger. You can use FBDI to manage both account rules and segment rules for a chart of accounts mapping. Therefore, options C and D are correct. Option A is incorrect because you can download the template from other pages besides the Manage Chart of Accounts Mappings page. Option B is incorrect because FBDI does not support external integration using REST services.

NEW QUESTION # 36
Which two are valid Data Access Set types? (Choose two.)

A. Primary Balancing Segment Value
B. Full access
C. Full Ledger
D. Read and Write access
E. Read Only access

Answer: B,E

Explanation:
The two valid Data Access Set types are Full access and Read Only access. A Data Access Set is a security feature that defines the access level that users have to ledger data, such as balances, budgets, or journals. A Data Access Set type is an attribute that determines the type of access that users have to ledger data within a Data Access Set. The two valid Data Access Set types are Full access and Read Only access. Full access allows users to view and enter data for ledger data within a Data Access Set. Read Only access allows users to view but not enter data for ledger data within a Data Access Set. Full Ledger is not a valid Data Access Set type, but an option that determines whether a Data Access Set grants access to all balancing segment values in a ledger or only specific balancing segment values. Primary Balancing Segment Value is not a valid Data Access Set type, but an attribute that identifies the legal entity or business unit for which financial statements are prepared and balanced. Read and Write access is not a valid Data Access Set type, but an alternative term for Full access. Reference: Oracle Financials Cloud: General Ledger 2022 Implementation Professional Objectives - Define Ledgers 12

NEW QUESTION # 37
......

Maybe now you are leading a quite comfortable life. But you also need to plan for your future. Getting the 1z0-1054-24 training guide will enhance your ability. Also, various good jobs are waiting for you choose. Your life will become wonderful if you accept our guidance on 1z0-1054-24 study questions. We warmly welcome you to try our free demo of the 1z0-1054-24 preparation materials before you decide to purchase.

Relevant 1z0-1054-24 Exam Dumps: https://www.topexamcollection.com/1z0-1054-24-vce-collection.html

P.S. Free 2025 Oracle 1z0-1054-24 dumps are available on Google Drive shared by TopExamCollection: https://drive.google.com/open?id=1nsK6tok039iLCui7rZuCcsWRoOZOMpW-

Jack Lee Jack Lee

Biography

Resources

Social Links