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Valid 1z0-1054-25 Exam Simulator - 1z0-1054-25 Exam Price

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Valid 1z0-1054-25 Exam Simulator - 1z0-1054-25 Exam Price

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Oracle Financials Cloud: General Ledger 2025 Implementation Professional Sample Questions (Q64-Q69):NEW QUESTION # 64
Your organization has implemented a global Chart of Accounts, which is used by all ledgers. It has the following segments: Company, Department, Account, Intercompany and Future.
Your business practice allows for one intercompany receivable natural account and one intercompany payable natural account.
What is the minimum level for configuring intercompany balancing rules?
  • A. Primary Segment Rules
  • B. Legal Entity Rules
  • C. Chart of Accounts Rules
  • D. Ledger Rules
Answer: C

NEW QUESTION # 65
You entered users who are bothemployees and contingent workers. You want an automated way toassign, reassign, and remove rolesfrom users. What feature do you use?
  • A. Role Mappings
  • B. Oracle Identity Manager Roles Assignment
  • C. Access Policy Manager's Role Generation
  • D. Data Roles
  • E. You cannot reassign contingent workers
Answer: A

NEW QUESTION # 66
Which two statements are true regarding the Intercompany Reconciliation Report? (Choose two.)
  • A. The report displays all clearing company balancing lines for a period.
  • B. You can only drill down to the general ledger journal and then from there to the subledger journal entry.
  • C. The report includes Ledger balancing lines generated when the primary balancing segment value (BSV) is in balance, but either the second or third BSVs are not.
  • D. The report can be run using an additional currency and conversion rate that converts all amounts into a common currency for comparison.
  • E. The report displays the intercompany receivables and intercompany payables balances in summary for a period.
Answer: C,D
Explanation:
According to the Oracle documentation12, the Intercompany Reconciliation Report can be run using an additional currency and conversion rate that converts all amounts into a common currency for comparison (option C). The report also includes ledger balancing lines generated when the primary balancing segment value is in balance, but either the second or third balancing segment values are not (option B). Option A is incorrect because you can drill down to the general ledger journal, subledger accounting entry, and source receivables or payables transaction2. Option D is incorrect because the report displays the intercompany receivables and intercompany payables balances in summary for a period, and any differences between them1. Option E is incorrect because the report does not display clearing company balancing lines2.

NEW QUESTION # 67
In a primary ledger, under the System options, in the Close section, the "Prevent General Ledger Period Closure When Open Subledger Periods Exist" option has been selected.
For which subledger can you opt out of the Period Close Checking feature by using the ORA_GL_INCLD_STRICT_PRD_CLOSE lookup?
  • A. Lease Accounting
  • B. Accounts Payable
  • C. Order Management
Answer: B

NEW QUESTION # 68
Which two can you use to import geographical data?
  • A. Geographical data providers
  • B. ADF desktop integration
  • C. File-based data import (FBDI)
  • D. SQL Data loader
Answer: A,C

NEW QUESTION # 69
......
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