Open the auxiliary access

Firefly Open Source Community

   Login   |   Register   |
New_Topic
Firefly Open Source Community › Core Board › Core-3568J› 1z0-1054-25 Certification Sample Questions, New Stud ...
New Topic
Print Previous Topic Next Topic

[General] 1z0-1054-25 Certification Sample Questions, New Study 1z0-1054-25 Questions

billgre112

128

Credits

0

Prestige

0

Contribution

registered members

Rank: 2

Credits
128

【General】 1z0-1054-25 Certification Sample Questions, New Study 1z0-1054-25 Questions

Posted at 2 hour before      View：3 | Replies：0        Print      Only Author   [Copy Link] 1#
What's more, part of that Exam4Docs 1z0-1054-25 dumps now are free: https://drive.google.com/open?id=1MdtYcM34s8sPQ6j9HudaMzsflp_MIqq2
It is never too late to try new things no matter how old you are. Someone always give up their dream because of their ages, someone give up trying to overcome 1z0-1054-25 exam because it was difficult for them. Now, no matter what the reason you didn’t pass the exam, our study materials will try our best to help you. If you are not sure what kinds of 1z0-1054-25 Exam Question is appropriate for you, you can try our free demo of the PDF version. For instance, our 1z0-1054-25 practice torrent is the most suitable learning product for you to complete your targets.
Oracle 1z0-1054-25 Exam Syllabus Topics:
TopicDetails
Topic 1
  • Implementing Ledgers: This part evaluates the competencies of Financial Systems Analysts and focuses on defining and configuring ledgers within Oracle Financials. Candidates are expected to manage ledger-level security and understand how to utilize General Ledger Balances Cubes for better financial visibility and reporting accuracy.
Topic 2
  • 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 3
  • 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 4
  • 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.

New Study 1z0-1054-25 Questions, Reliable 1z0-1054-25 Test CampNow Oracle 1z0-1054-25 certification test is very popular. Not having got 1z0-1054-25 certificate, you must want to take the exam. Indeed, Oracle 1z0-1054-25 test is very difficult exam, but this is not suggested that you cannot get high marks and pass your exam with ease. Without knowing the shortcut of Oracle 1z0-1054-25 Exam, do you want to know the testing technique? As for the point, I can tell you that Exam4Docs Oracle 1z0-1054-25 study guide is your unique choice.
Oracle Financials Cloud: General Ledger 2025 Implementation Professional Sample Questions (Q67-Q72):NEW QUESTION # 67
You need to have invoices generated for certain intercompany transactions.
Where do you enable invoicing?
  • A. Manage Intercompany System Options
  • B. Manage Intercompany Receivables Assignment
  • C. Manage Intercompany Organizations
  • D. Manage Intercompany Transaction Types
Answer: D

NEW QUESTION # 68
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. Rerun Translation and then reconsolidate your results.
  • B. Enter another adjusting journal entry in the target currency to true up the balances.
  • C. Translate only the adjusting journal entry.
  • D. Rerun Revaluation and then rerun Translation.
Answer: A
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 # 69
Which three factors should you consider while specifying Intercompany System options?
  • A. Automatic or manual batch numbering and the maximum transaction amount
  • B. Whether to allow receivers to reject intercompany transactions
  • C. Automatic or manual batch numbering and the minimum transaction amount
  • D. Whether to enforce an enterprise-wide currency or allow intercompany transactions in local currencies
  • E. Approvers who will approve intercompany transactions
Answer: B,C,D
Explanation:
Intercompany System options are used to set up intercompany processing rules at the enterprise level, based on your specific business needs. They help you standardize and simplify transaction processing, minimize disputes, and reduce administrative costs. The three factors that you should consider while specifying Intercompany System options are:
* Automatic or manual batch numbering and the minimum transaction amount: These options help you control the numbering and the size of intercompany transactions. You can choose to use system generated or manual batch numbering, and you can specify a minimum threshold amount for intercompany transactions to prevent immaterial transactions. To use the minimum transaction amount option, you must also select an Intercompany currency option.
* Whether to enforce an enterprise-wide currency or allow intercompany transactions in local currencies:
This option helps you manage the currency risk and the conversion rate fluctuations for intercompany transactions. You can choose to standardize transaction processing by selecting an Intercompany currency, which means that all intercompany transactions created in the Intercompany module are entered in this currency. Alternatively, you can choose to allow intercompany transactions in local currencies, which means that intercompany transactions can be entered in the ledger currency of the sender or the receiver.
* Whether to allow receivers to reject intercompany transactions: This option helps you handle the approval and dispute resolution process for intercompany transactions. You can choose to allow receivers to reject intercompany transactions if they disagree with the sender's information, such as the amount, the account, or the date. If you enable this option, you must also specify the rejection reason and the notification details for the sender.
Intercompany System Options
Implementing Enterprise Structures and General Ledger
Implement General Ledger

NEW QUESTION # 70
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 two value sets together
  • B. Order of the segments determines filtering sequence
  • C. Use independent validation type value sets only
  • D. Order of the segments does not determine filtering sequence.
  • E. Use table validated type value sets only
  • F. Link multiple value sets together
Answer: A,B,C

NEW QUESTION # 71
A subsidiary company is about to configure their General Ledger in a highly regulated country where there is a legal requirement to produce fiscal reports under local GAAP. Subledgers transferring to General Ledger must use the local currency, and there is a requirement to report to the parent company (not local currency) using International Financial Reporting Standards (IFRS).
Which two ledger types should be configured to fulfill this reporting requirement?
  • A. Reporting currency with the local accounting convention
  • B. Primary ledger with the IFRS accounting convention
  • C. Primary ledger with the local accounting convention
  • D. Reporting currency with the IFRS accounting convention
  • E. Secondary ledger with the IFRS accounting convention
Answer: C,E
Explanation:
A primary ledger is the main ledger for a legal entity or business unit that records all accounting transactions and maintains the accounting balances. A secondary ledger is an optional ledger that is associated with a primary ledger and maintains accounting balances in a different accounting representation. A reporting currency is an optional currency that is associated with a primary ledger and maintains accounting balances in a different currency. In this scenario, the subsidiary company needs to produce fiscal reports under local GAAP and local currency, as well as report to the parent company using IFRS and not local currency.
Therefore, the subsidiary company should configure a primary ledger with the local accounting convention and local currency, and a secondary ledger with the IFRS accounting convention and not local currency. A reporting currency with the local accounting convention or the IFRS accounting convention would not meet the requirement, as it would only maintain balances in a different currency, not a different accounting representation. A primary ledger with the IFRS accounting convention would not meet the requirement, as it would not comply with the local GAAP. References:
Oracle Financials Cloud Implementing Enterprise Structures and General Ledger, Chapter 2: Ledgers, Primary Ledgers, Secondary Ledgers, and Reporting Currencies Oracle Financials Cloud Using General Ledger, Chapter 1: Introduction, Ledgers and Subledgers, Primary Ledgers, Secondary Ledgers, and Reporting Currencies

NEW QUESTION # 72
......
For candidates who want to enter a better company through getting the certificate, passing the exam becomes important. 1z0-1054-25 study guide of us will help you pass the exam successfully. With the skilled experts to compile and verify, the 1z0-1054-25 exam dumps are high-quality and accuracy, therefore you can use 1z0-1054-25 Exam Questions And Answers at ease. What’s more, we offer you free update for one year after purchasing. That is to say, you can get the latest version in the following year for free.
New Study 1z0-1054-25 Questions: https://www.exam4docs.com/1z0-1054-25-study-questions.html
BTW, DOWNLOAD part of Exam4Docs 1z0-1054-25 dumps from Cloud Storage: https://drive.google.com/open?id=1MdtYcM34s8sPQ6j9HudaMzsflp_MIqq2
https://www.troytecdumps.com
Reply

Use props Report

Return to List
High mode
B Color Image Link Quote Code Smilies
You need to log in before you can reply Login | Register

This forum Credits Rules

  •  

Service Hotline : (+86)18688117175
Contact us
E-mail : global@t-firefly.com
Copyright © 2014-2022, FIREFLY TECHNOLOGY CO.,LTD. All Rightts Reserved. 粤ICP备14022046号-2
Quick Reply Back to top Back to list