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[General] Oracle 1z0-1054-25 Exam Pass Guide | New Exam 1z0-1054-25 Braindumps

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【General】 Oracle 1z0-1054-25 Exam Pass Guide | New Exam 1z0-1054-25 Braindumps

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Oracle 1z0-1054-25 Exam Syllabus Topics:
TopicDetails
Topic 1
  • Implementing and Managing Journals: This section targets Oracle General Ledger Consultants and covers the full cycle of journal processing—from creation through approval to management. It includes configuration of journal-related objects and understanding how journals are sourced, tracked, and approved using predefined rules and workflows.
Topic 2
  • Configuring Financial Reports: This portion of the exam measures the abilities of Financial Reporting Analysts and includes creating and managing a range of reports using tools like the Financial Reporting Center, Web Studio, OTBI, Smart View, and Dashboards. Candidates must know how to define account groups, set up infolets, and build custom analytics tailored to user needs.
Topic 3
  • Performing Period Close: Designed for Oracle Financial Application Managers, this section evaluates expertise in executing and managing the period close lifecycle. Topics include reconciliations, revaluation, translation, and consolidation. Candidates are required to configure the Period Close Monitor and associated setups like revaluation, allocations, and chart mappings for financial consolidation.

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Oracle Financials Cloud: General Ledger 2025 Implementation Professional Sample Questions (Q14-Q19):NEW QUESTION # 14
You entered across-validation ruleto prevent thebalance sheet cost center (000)from being used withProfit and Loss Accounts (4000-ZZZZ).
The following combinations exist in theCode Combination table:
* 01-000-4110-00
* 01-000-5299-000
* 01-000-5105-000
* 01-000-7640-00
Which two statements aretrueregardingcross-validation rules?
  • A. You need to run theCross-Validation Rules processto list and optionally disable combinations that violate rules.
  • B. There is no need to create cross-validation rules ifDynamic Combination Creation Allowedis not enabled for your chart of accounts instance.
  • C. The rules validate and apply tonew accounts only.
  • D. The rules will validate and apply tonew and existing accounts.
  • E. You need to run theCross-Validation Rule Violations processto allow rules to apply to existing combinations that violate rules.
Answer: D,E

NEW QUESTION # 15
Which two statements are true about balances cubes in General Ledger?
  • A. They are updated automatically when the Revaluation process is run.
  • B. They are updated automatically when the Translation process is run.
  • C. A new balances cube is created for a unique combination of ledger and currency.
  • D. They are updated automatically when the General Ledger period is opened.
  • E. New dimensions can be added to a General Ledger balances cube.
Answer: C,E
Explanation:
Balances cubes are multidimensional databases that store financial balances for interactive reporting and analysis. A balances cube is created for each unique combination of ledger and currency, and it contains dimensions such as chart of accounts segments, periods, scenarios, and other user-defined attributes. New dimensions can be added to a balances cube by using the Manage Balances Cube Dimensions task in General Ledger. Balances cubes are updated automatically when journals are posted in General Ledger, and they can also be refreshed manually by using the Refresh Balances Cube task. Balances cubes are not affected by the Translation or Revaluation processes, as these processes only update the balances tables in General Ledger. References:
* Overview of Oracle General Ledger Balances Cubes1
* Considerations for General Ledger Balances Cubes2
* Overview of Oracle Essbase Balances Cubes3

NEW QUESTION # 16
You are required to changetoday's daily ratesfor convertingGBP to USD. What are three ways in which you can update existing daily rates?
  • A. Edit existing transactions and update the rates manually.
  • B. Update rates manually using the Currency Rates Manager, which can be accessed only from the Functional Setup Manager.
  • C. Use the spreadsheet loader from the Currency Rates Manager.
  • D. Import daily rates through the Daily Rates open interface table.
  • E. Update rates manually using the Currency Rates Manager, which can be accessed from the Functional Setup Manager or the General Ledger's Period Close work area.
Answer: C,D,E

NEW QUESTION # 17
When constructing a new chart of accounts instances, it has been decided to control the list of values within certain segments, with the use of related value sets.
When defining new related value sets, which three configuration steps should be considered?
  • A. Link multiple value sets together
  • B. Use independent validation type value sets only
  • C. Order of the segments determines filtering sequence
  • D. Order of the segments does not determine filtering sequence.
  • E. Link two value sets together
  • F. Use table validated type value sets only
Answer: B,C,E

NEW QUESTION # 18
You have redesigned your chart of accounts and need to update your existing cross-validation rules. There is a requirement for new rules; some simply need to be updated and others need to be deleted.
What is the most efficient way to achieve this?
  • A. by using the Manage General Ledger Security page.
  • B. by using Cross-Validation Rules Import file-based data import (FBDI).
  • C. by creating Cross-Validation Rules desktop-integrated spreadsheet.
  • D. by using the Manage Cross-Validation Rules page.
Answer: B
Explanation:
According to Oracle documentation1, the most efficient way to update your existing cross-validation rules when you have redesigned your chart of accounts is to use Cross-Validation Rules Import file-based data import (FBDI). FBDI enables you to import cross-validation rules from a spreadsheet template into General Ledger. You can use FBDI to create new rules, update existing rules, or delete rules. Therefore, option C is correct. Option A is incorrect because using the Manage General Ledger Security page does not enable you to update cross-validation rules. Option B is incorrect because creating Cross-Validation Rules desktop- integrated spreadsheet does not enable you to update cross-validation rules. Option D is incorrect because using the Manage Cross-Validation Rules page does not enable you to update cross-validation rules efficiently.
According to Oracle documentation2, you should create a Data Access Set that allows access to the UK Ledger to allow users with the General Accountant job role to access the UK Ledger. A Data Access Set is a security feature that defines the ledgers and balancing segment values that a user can access. You can assign Data Access Sets to users or roles using the Manage Data Access for Users page. Therefore, option B is correct. Option A is incorrect because assigning the security context value of UK Ledger to the user/role combination does not enable access to the ledger. Option C is incorrect because assigning the General Accounting Manager role to those users does not enable access to the ledger. Option D is incorrect because assigning the UK reference set to the user/role combination does not enable access to the ledger.

NEW QUESTION # 19
......
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