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[General] New 1z0-1054-25 Exam Bootcamp & Reliable 1z0-1054-25 Test Prep

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【General】 New 1z0-1054-25 Exam Bootcamp & Reliable 1z0-1054-25 Test Prep

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Oracle Financials Cloud: General Ledger 2025 Implementation Professional Sample Questions (Q118-Q123):NEW QUESTION # 118
You are creating values for thechart of account value setthat you are planning to use for theaccount segment within yourChart of Accounts. You are not able to assign anAccount Type.
What is the reason for this?
  • A. The Account Type qualifier has not been enabled when defining the value set.
  • B. You have not set the Allow Budgeting attribute for the value set.
  • C. You have not set the Allow Posting attribute for the value set.
  • D. You are creating values before assigning the value set to the structure.
Answer: A

NEW QUESTION # 119
After user acceptance testing of the new Oracle Fusion Cloud system, the company's accountants report that they want to be notified of anomalies in certain account balances in real time. The anomalies should include an increase or decrease that is above or below a percentage amount threshold.
What is the best way to meet this requirement?
  • A. Use Account Inspector.
  • B. Open a Smart View file saved on your desktop.
  • C. Perform an account analysis online.
  • D. Create an Account Group using Account Monitor.
Answer: D

NEW QUESTION # 120
You are required to changetoday's daily ratesfor convertingGBP to USD. What are three ways in which you can update existing daily rates?
  • A. Use the spreadsheet loader from the Currency Rates Manager.
  • B. Import daily rates through the Daily Rates open interface table.
  • C. 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.
  • D. Edit existing transactions and update the rates manually.
  • E. Update rates manually using the Currency Rates Manager, which can be accessed only from the Functional Setup Manager.
Answer: A,B,C

NEW QUESTION # 121
Users with the General Accountant job role have reported that they are unable to access the UK Ledger. They require read/write access to the full ledger. The accounting configuration completed successfully.
What should you do to allow access to the ledger?
  • A. Assign the security context value of UK Ledger to the user/role combination.
  • B. Assign the UK reference set to the user/role combination.
  • C. Create a data access set that allows access to the UK Ledger.
  • D. Assign the General Accounting Manager role to those users.
Answer: C
Explanation:
Data access sets are collections of ledgers that define the data security for users who access General Ledger.
Users can only access the ledgers that are assigned to them through data access sets. To allow users with the General Accountant job role to access the UK Ledger, you need to create a data access set that includes the UK Ledger and assign it to the user/role combination. You also need to specify the access privilege for the data access set, which can be Full Ledger, Both Read and Write, or Read Only. In this case, you need to select Both Read and Write to allow read/write access to the full ledger. References:
* Implement General Ledger
* GL_ACCESS_SET_LEDGERS
* The Default Data Access Set
* Overview of General Ledger Security

NEW QUESTION # 122
What are two uses of the Column Flattening and Row Flattening features? (Choose two.)
  • A. Verify correctness of trees.
  • B. Create additional versions of a tree.
  • C. Set the status of a tree to active.
  • D. View information for runtime performance.
  • E. Optimize parent/child relationships.
Answer: A,C
Explanation:
The two uses of the Column Flattening and Row Flattening features are to set the status of a tree to active and to verify correctness of trees. Column Flattening and Row Flattening are features that optimize parent-child information for run-time performance by storing additional rows or columns in a table for instantly finding all descendants or ancestors of a node without initiating a recursive query. Column Flattening and Row Flattening are required to set the status of a tree to active, as they ensure that the tree data is consistent and accurate. Column Flattening and Row Flattening are also useful to verify correctness of trees, as they allow users to view and analyze the flattened hierarchy data using various tools such as Oracle Analytics Publisher or Oracle Transactional Business Intelligence. You do not use Column Flattening and Row Flattening to create additional versions of a tree, as this is a feature that allows users to copy an existing tree version and make changes to it without affecting the original version. You do not use Column Flattening and Row Flattening to view information for runtime performance, as this is a feature that allows users to monitor and measure the performance of various processes or tasks in Oracle Fusion Applications. You do not use Column Flattening and Row Flattening to optimize parent/child relationships, as this is a feature that allows users to define rules and constraints for how nodes can be related to each other in a tree structure. Reference: Oracle Financials Cloud: General Ledger 2022 Implementation Professional Objectives - Define Chart of Accounts 12

NEW QUESTION # 123
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