[2023] Pass Oracle 1z0-1054-22 Premium Files Test Engine pdf - Free Dumps Collection [Q18-Q36]

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[2023] Pass Oracle 1z0-1054-22 Premium Files Test Engine pdf – Free Dumps Collection

New 2023 Realistic 1z0-1054-22 Dumps Test Engine Exam Questions in here

NEW QUESTION 18
In which two ways can your users personalize the Springboards and Work Areas to suit their individual working styles? (Choose two.)

They can format certain tables by hiding and showing columns, moving columns, and resizing columns

Users have very little control configuring their Springboards and Work Areas; they can only resize columns

They can have the System Administrator configuring pages for them using Page Composer

They can use “+” under the Apps section of the News Feed homepage

NEW QUESTION 19
Which three objectives must be considered when designing the chart of accounts? (Choose three.)

Anticipate growth and maintenance needs as organizational changes occur

Effectively manage an organization’s financial business

Try to use all 30 segments and 25 characters per segment because you cannot change it later

Consider implementing a single, global chart of accounts

Limit the number of segments to those you need today to reduce data entry

NEW QUESTION 20
All of your subsidiaries can share the same ledger with their parent company and all reside on the same application instance.
They do perform intercompany accounting. What is Oracle’s recommended approach to performing consolidations?

Use General Ledger’s Financial Reporting functionality to produce consolidated reports by balancing segment where each report represents a different subsidiary. Any eliminating entries can be entered in yet another separate balancing segment

Use Oracle Hyperion Financial Management for this type of complex consolidation

Use General Ledger’s Balance Transfer programs to transfer subsidiary ledger balances to the parent ledger, and then enter eliminating entries as a separate balancing segment in the parent ledger.

Define multiple ledgers for consolidation and report on ledger set

NEW QUESTION 21
You want to define an allocation rule where segment values are constants for rules and formulas. What should you do?

Never use the Outer Point of View (POV)

Always use the Outer Point of View (POV)

Specify Run Time Prompts (RTP)

Only specify segment values in formulas

NEW QUESTION 22
You have a requirement for the Intercompany Provider and Receiver distribution accounts to be created automatically for all intercompany transactions.
What should you configure?

a Provider and Receiver distribution set

Intercompany transaction type default accounts

the AutoAccounting Definition

the Transaction Account Definition

NEW QUESTION 23
You are defining an income statement report. You want to allow viewers of the report to be able to drill down from report balances to the underlying transactions. What so you need to enable?

Drill Through in Grid Properties

Nothing. All report balances are drillable in all FR Studio reports

Allow Expansion

Report Functions

NEW QUESTION 24
On which three occasions are Essbase balances updated? (Choose three.)

every time the tree version is published

every time you run the batch program called “Update Essbase Balances”

every time you open a new period

every time journals are posted to the general ledger

at report run-time

NEW QUESTION 25
You want to monitor the close process of all financial subledgers and ledgers.
How can you quickly obtain this information?

Use the Manage Accounting Periods page to view the status of all subledgers and ledgers

Access each subledgers’ calendar and General Ledger’s Manage Accounting Periods page to view the status of each period

Run Closing Status reports

Use Close Monitor in General Accounting Dashboard

NEW QUESTION 26
Which tool can you use to create a Financial Income Statement?

One View Reporting

PS/nVision

Account Inspector

Rapid Implementation Enterprise Structures setup

NEW QUESTION 27
Which two statements are true regarding how Intercompany Balancing Rule are defined? (Choose two.)

All ledgers engaged in an intercompany transaction must share the same chart of accounts in order to define balancing rules.

You can only define balancing rules for different journals’ sources. You cannot define balancing rules for different journal categories.

You can define different balancing rules for different combinations of journal sources, journal categories, and transaction types.

You can define different rules for different charts of accounts, ledgers, legal entities, and primary balancing segment values.ys

NEW QUESTION 28
You are setting up Close Monitor, which compromises a ledger set hierarchy definition.
Which two components of the enterprise structure should the ledgers in the ledger set share? (Choose two.)

Accounting Calendar

Legal Entities, Business Units, and Chart of Accounts

Chart of Accounts

Chart of Accounts and Business Units

Chart of Accounts, Currency, Accounting Calendar, and Subledger Accounting Method

NEW QUESTION 29
You operate in a country whose unstable currency makes it unsuitable for managing your day-to-day business. As a consequence, you need to manage your business in a more stable currency while retaining the ability to report in the unstable local currency. What would be your recommendation when defining ledgers?

Run Revaluation as often as you need to the more stable currency and report on the more stable currency’s balances

Run Revaluation to translate into Statistical Currency

Create a secondary ledger that uses a different chart of accounts that is denominated in the more stable currency

Use Journal-Level or Subledger-Level Reporting Currencies denominated in the more stable currency

NEW QUESTION 30
You are implementing Segment Value Security rules. Which two statements are true? (Choose two.)

When you enable Segment Value Security on a segment, users will not be able to access any values until you grant access to users and products

You can use hierarchies to define rules

When you enable or disable Segment Value Security, you do not need to redeploy your chart of accounts

The Segment Value Security rules do not take effect until you assign the rules to users and products

NEW QUESTION 31
Your customer has three legal entities, 50 departments, and 10,000 natural accounts. They use intercompany entries. What is Oracle’s recommended practice when implementing a new chart of accounts? How many segments and what segment qualifiers should be used?

Define three segments for the company, department, and natural account. The qualifiers for the first segment should be primary balancing segment and intercompany segment, cost center segment, and natural account segment, respectively.

Define four segments for the company, department, natural account, and intercompany segment. The qualifiers should be primary balancing segment, cost center segment, and natural account segment, and intercompany segment, respectively.

Define three segments for the company, department, and natural account. The qualifiers should be primary balancing segment, cost center segment, and natural account segment, respectively.

Define five segments for the company, department, natural account, intercompany, and future use segment. The qualifiers should be primary balancing segment, cost center segment, natural account segment, intercompany segment, and no qualifier, respectively.

NEW QUESTION 32
You need to create a month-end reporting package for an upcoming Audit Committee meeting, you have 10 financial reports that you want to share with executives and auditors that are nicely formatted.
Identify the two Oracle recommended ways to accomplish this. (Choose two.)

Use BI Publisher to configure the reports and then use bursting to email the reports to the executives and Audit Committee

Use a report batch to run reports at a specific time to create a set of snapshot reports

Using Workspace, assemble multiple reports into a book that can be printed and viewed individually as an entire book

Create a Smartview report, where the various sheets represent the different Financial Statements and send them the spreadsheet

Use OTBI to create multiple reports that you save to a folder that only the users can access

NEW QUESTION 33
During implementation, a consultant accidentally designated the cost center segment as the natural account. Values have already been assigned and journals have been posted.
Select the process that allows you to change the qualifier back to cost center qualifier.

Create a new chart of accounts.

Delete the segment and create a new segment with the correct qualifier.

Change and save the segment qualifier.

Delete the chart of accounts and create a new one.

NEW QUESTION 34
Encumbrance accounting is enabled for your ledger. An encumbrance journal dated 3/15/19 was recorded for a purchase order.
The invoice was entered on 5/5/19, but the invoice accounting date was 4/20/19. The encumbrance journal for liquidating the purchase order encumbrance is dated 5/5/19.
What is causing this?

The actual accounting date was set up under the encumbrance accounting Default Date Rule

The current transaction accounting date was set up under the encumbrance accounting Default Date Rule

The subledger accounting option is set to system date

The system date was set up under the encumbrance accounting Default Date Rule

The prior related transaction accounting date was set up under the encumbrance accounting Default Date Rule

NEW QUESTION 35
You entered the following information in the Companies and Legal Entities tab of the Rapid Implementation Spreadsheet:

Assuming currency is left blank in the Ledger worksheet, how many Ledgers will the process create?

NEW QUESTION 36
Which two methods can your General Ledger accountants use to more easily view large amounts of data contained in the tables in their work areas? (Choose two.)

Use the Freeze feauture on the tables to scroll through large amounts of data

Run a Business Intelligence Publisher report with Excel as the output format

Export the table to Excel

Detach the table to resize it to the maximum size of the monitor.

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[2023] Pass Oracle 1z0-1054-22 Premium Files Test Engine pdf – Free Dumps Collection [Q18-Q36]

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