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[General] New 1z0-1054-25 Dumps Questions - Vce 1z0-1054-25 File

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【General】 New 1z0-1054-25 Dumps Questions - Vce 1z0-1054-25 File

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Oracle 1z0-1054-25 Exam Syllabus Topics:
TopicDetails
Topic 1
  • Implementing Enterprise and Financial Reporting Structures: This section of the exam measures skills of Oracle ERP Implementation Consultants and covers the core components used in setting up enterprise structures and reporting configurations. It assesses knowledge in defining legal entities, jurisdictions, and geographies, as well as the design and configuration of Chart of Accounts. Candidates must also demonstrate how to set up and secure chart structures and manage reporting calendars and currencies.
Topic 2
  • Using AI
  • ML
  • Mobile and Other Automation Features: This final section assesses Finance Transformation Architects and focuses on the business value derived from incorporating AI, machine learning, and mobile capabilities in Oracle Financials. Candidates are expected to understand automation use cases and the practical benefits these modern features offer in streamlining financial operations.
Topic 3
  • Processing Intercompany: This domain assesses the skills of Finance Integration Specialists in configuring and managing intercompany transactions. Candidates must understand balancing rules, clearing configurations, and transaction processing, as well as how to maintain intercompany reconciliations in multi-entity structures.
Topic 4
  • 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.

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Oracle Financials Cloud: General Ledger 2025 Implementation Professional Sample Questions (Q58-Q63):NEW QUESTION # 58
You are planning to create anIncome StatementusingSmart View. WhichSmart View toolshould you use for this?
  • A. Smart Queries
  • B. Smart Slices
  • C. Ad Hoc Analysis
  • D. Query Designer
Answer: D

NEW QUESTION # 59
You already ran Translation, but a last-minute adjusting journal entry in your ledger currency was entered and posted after you consolidated your results.
What is Oracle's recommended practice when this occurs?
  • A. Enter another adjusting journal entry in the target currency to true up the balances.
  • B. Rerun Revaluation and then rerun Translation.
  • C. Translate only the adjusting journal entry.
  • D. Rerun Translation and then reconsolidate your results.
Answer: D
Explanation:
According to Oracle's documentation, if you enter and post additional journal entries in your ledger currency after you run translation, you should rerun translation for the entire ledger or ledger set to ensure that all balances are translated using the same exchange rates. Then, you should reconsolidate your results to reflect the updated translated balances. References:
Using General Ledger, page 9-7: "If you enter and post additional journal entries in your ledger currency after you run translation, you should rerun translation for the entire ledger or ledger set." Using General Ledger, page 9-8: "After you run translation, you can consolidate your results to create a consolidated balance sheet and income statement." Implement General Ledger, page 2-10: "You can translate and consolidate balances as part of the period close process."

NEW QUESTION # 60
You are defining an income statement report using Financial Reporting Web Studio. Users of the report need to be able to analyze the balances directly from the report.
What should you enable to allow this?
  • A. Drill Through in Grid Properties
  • B. Allow Expansion in Report Functions
  • C. Drill Down in Report Functions
Answer: A

NEW QUESTION # 61
On a primary ledger in Use system options close section, the following field has been selected:
'Prevent General Ledger Period Close When Open Subledger Periods Exist'.
What three exceptions will prevent closing of the accounting period?
  • A. No pending transaction in the General Ledger Interface table
  • B. Pending Intercompany Transactions
  • C. Pending Transaction in General Ledger Interface
  • D. Intercompany Transactions are completed
Answer: B,C,D

NEW QUESTION # 62
Challenge 2
Manage Shorthand Aliases
Scenario
Your client intends to utilize the Shorthand Alias feature and would like to see how the aliases will appear when entering transactions.
Task 2
Create a shorthand alias for the US Chart of Accounts to record Revenue Domestic for Supremo Fitness, Line of Business 2, and US Operations Cost Center.

Note:
* Prefix your alias name with 07, where 07 is your exam ID.
* There is no Product or Intercompany impact.
Answer:
Explanation:
See the Explanation for the complete Solution.
Explanation:
Here are the steps you need to follow:
In the Setup and Maintenance work area, go to the following:
Offering: Financials
Functional Area: Financial Reporting Structures
Task: Manage Shorthand Aliases
Select the chart of accounts that you want to create the alias for. In this case, it is the Corporate chart of accounts.
Click on the Add Row icon to create a new alias. Enter the following information:
Alias Name: RevDom
Account Template: 101-2000-400000-000-000-000
Description: Revenue Domestic for Supremo Fitness, Line of Business 2, and US Operations Cost Center Enabled: Yes Start Date: Today's date End Date: Blank Click on the Save and Close button to save the alias.
You have successfully created a shorthand alias for the US Chart of Accounts. For more information, you can refer to the following resources:
Account Aliases
Enter a GL Account Alias
Short Hand Alias in Fusion Financials Key Flexfield
How to Enable Account Shorthand Aliases

NEW QUESTION # 63
......
The 1z0-1054-25 Mock Exams not just give you a chance to self-access before you actually sit for the certification exam, but also help you get an idea of the Oracle exam structure. It is well known that students who do a mock version of an exam benefit from it immensely. Some Oracle certified experts even say that it can be a more beneficial way to prepare for the Oracle Financials Cloud: General Ledger 2025 Implementation Professional exam than spending the same amount of time studying.
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