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[General] Provides Excellent 1z0-1054-25 Prep Guide for 1z0-1054-25 Exam - TestPassed

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【General】 Provides Excellent 1z0-1054-25 Prep Guide for 1z0-1054-25 Exam - TestPassed

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Oracle Financials Cloud: General Ledger 2025 Implementation Professional Sample Questions (Q110-Q115):NEW QUESTION # 110
Your company wants to change theCumulative Translation Adjustment (CTA) accountto record gains/losses from varying currency rates.
What steps must you perform to achieve this objective without causing data corruption?
  • A. Query the Translation journals and delete all of them, then change the CTA account in the Ledger page, and rerun Translation for all periods required.
  • B. Define a new ledger and accounting configuration. The CTA account cannot be updated after the ledger has been in use.
  • C. Purge all translated balances, change the CTA account in the Ledger page, and rerun Translation for all periods required.
  • D. Open the Ledgers page and update the CTA account and then rerun Translation for all periods required.The system will automatically update the translated balances.
Answer: C

NEW QUESTION # 111
Which three are considered legal jurisdictions?
  • A. Identifying Zone
  • B. Post Code
  • C. Group of Countries
  • D. State
  • E. Single Country
Answer: C,D,E

NEW QUESTION # 112
You are trying to run a Financial Reporting Web Studio report from Financial Reporting Center. However, it is not appearing as a choice.
Which are two reasons for this? (Choose two.)
  • A. You have not downloaded the report to your local drive.
  • B. You have not saved it in the MyFolders directory.
  • C. You have not uploaded it to Financial Reporting Center.
  • D. You have not saved it in the Shared Folder/Custom/Financials directory.
Answer: B,C
Explanation:
According to Oracle documentation, two reasons why a Financial Reporting Web Studio report may not appear as a choice in Financial Reporting Center are: You have not saved it in the Shared Folder/Custom
/Financials directory, and you have not uploaded it to Financial Reporting Center. Financial Reporting Web Studio enables you to design and generate reports with grids, charts, images, and text boxes using data from various sources. Financial Reporting Center enables you to access and run all types of reports from a single user interface. To make a Financial Reporting Web Studio report available in Financial Reporting Center, you must save it in the Shared Folder/Custom/Financials directory and upload it to Financial Reporting Center using Workspace. Therefore, options A and C are correct. Option B is incorrect because saving it in the MyFolders directory does not make it available in Financial Reporting Center. Option D is incorrect because downloading it to your local drive does not make it available in Financial Reporting Center.

NEW QUESTION # 113
Which three factors should you consider while specifying Intercompany System options?
  • A. Approvers who will approve intercompany transactions
  • B. Automatic or manual batch numbering and the maximum transaction amount
  • C. Whether to enforce an enterprise-wide currency or allow intercompany transactions in local currencies
  • D. Automatic or manual batch numbering and the minimum transaction amount
  • E. Whether to allow receivers to reject intercompany transactions
Answer: C,D,E
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 # 114
In which two ways can your users personalize the Springboards and Work Areas to suit their individual working styles? (Choose two.)
  • A. They can use "+" under the Apps section of the News Feed homepage
  • B. Users have very little control configuring their Springboards and Work Areas; they can only resize columns
  • C. They can have the System Administrator configuring pages for them using Page Composer
  • D. They can format certain tables by hiding and showing columns, moving columns, and resizing columns
Answer: A,D
Explanation:
According to Oracle documentation2, your users can personalize the Springboards and Work Areas to suit their individual working styles in these two ways: They can format certain tables by hiding and showing columns, moving columns, and resizing columns, and they can use "+" under the Apps section of the News Feed homepage. Springboards and Work Areas are user interface components that enable users to access tasks and information relevant to their roles. Users can customize these components by adding or removing tiles, changing layouts, filtering data, and formatting tables. Therefore, options A and D are correct. Option B is incorrect because users have more control over configuring their Springboards and Work Areas than just resizing columns. Option C is incorrect because users do not need to have the System Administrator configuring pages for them using Page Composer.

NEW QUESTION # 115
......
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