Oracle Financials Cloud: General Ledger 2025 Implementation Professional - 1z0-1054-25 FREE EXAM DUMPS QUESTIONS & ANSWERS
An Oracle Fusion Cloud customer operating in the financial services sector requires only a subset of the legal entities data captured in the primary ledgers to be transferred to the secondary ledgers.
Which journal data conversion level should be selected between the primary and secondary ledgers to achieve this?
Which journal data conversion level should be selected between the primary and secondary ledgers to achieve this?
Correct Answer: C
Vote an answer
You have enabled budgetary control and have a control budget set toAdvisorycontrol level. For September
2016, your budget for a given account combination is$5,000 USD.
In the same month, there is anapproved requisitionfor that account of$900and anapproved purchase orderfor that account of$2,500 USD. There is also aGeneral Ledger adjustment journal entryfor that account of$1,600 USD. Anapproved purchase order line of $400 USDis thencanceled.
Aninvoice is matchedto the purchase order for$2,100 USD.
Which two statements are true? (Choose two.)
2016, your budget for a given account combination is$5,000 USD.
In the same month, there is anapproved requisitionfor that account of$900and anapproved purchase orderfor that account of$2,500 USD. There is also aGeneral Ledger adjustment journal entryfor that account of$1,600 USD. Anapproved purchase order line of $400 USDis thencanceled.
Aninvoice is matchedto the purchase order for$2,100 USD.
Which two statements are true? (Choose two.)
Correct Answer: B,C
Vote an answer
You create a Trial Balance type report using Smart View. As you include all segments for the Chart of Accounts, you expect to see zero balance. Further with the Zoom Out function, you expect to see the balances in each account.
Instead, IMTSSTNG is appearing in the report output.
What is the issue with this report?
Instead, IMTSSTNG is appearing in the report output.
What is the issue with this report?
Correct Answer: B
Vote an answer
You want to achievemulti-step cascading allocations. Which feature do you use?
Correct Answer: A
Vote an answer
You are designing an approval rule where a specific person is required to approve the journal. Which two list builders should you use to achieve this?
Correct Answer: C,E
Vote an answer
You are creating a Multitier Intercompany agreement and haven chosen to use a clearing organization in Financial Route.
How many clearing organizations can be involved in Financial Route?
How many clearing organizations can be involved in Financial Route?
Correct Answer: C
Vote an answer