Oracle Financials Cloud: General Ledger 2022 Implementation Professional - 1z0-1054-22 FREE EXAM DUMPS QUESTIONS & ANSWERS
You have three ledgers that use the same chart of accounts with one intercompany payable and one intercompany receivable account.
The chart of accounts also has an intercompany segment.
Each ledger has one legal entity assigned to it and each legal entity is associated with one balancing segment value.
At what level should you define the default intercompany balancing rule?
The chart of accounts also has an intercompany segment.
Each ledger has one legal entity assigned to it and each legal entity is associated with one balancing segment value.
At what level should you define the default intercompany balancing rule?
Correct Answer: C
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Your customer has a number of Chart of Account Mapping Rules for their Primary and Secondary ledgers. You decide to use the FBDI template to load the rules.
Which two statements are true when using this method of entry? (Choose two.)
Which two statements are true when using this method of entry? (Choose two.)
Correct Answer: A,D
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You want to define an allocation rule where segment values are constants for rules and formulas. What should you do?
Correct Answer: C
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While creating a Journal Entry Rule Set, you are not able to use an Account Rule recently created. Which two options explain that? (Choose two.)
Correct Answer: A,D
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When creating financial reports which two tools use data from the General Ledger Balances Cube? (Choose two).
Correct Answer: C,D
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You are defining intercompany balancing rules that are applied to a specific source and category, such as payable and invoices, or a specific intercompany transaction type, such as Intercompany Sales.
Which two statements are correct? (Choose two.)
Which two statements are correct? (Choose two.)
Correct Answer: A,D
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Management has added a requirement to segregate the duties of transferring journals to the General Ledger from the posting function. Which two new features allow this segregation? (Choose two.)
Correct Answer: B,C
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You have redesigned your chart of accounts and need to update your existing cross-validation rules. There is a requirement for new rules; some simply need to be updated and others need to be deleted.
What is the most efficient way to achieve this?
What is the most efficient way to achieve this?
Correct Answer: A
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You want to be notified of anomalies in certain account balances in real time. What is the most efficient way to do this?
Correct Answer: C
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