1Z0-1054-26 by Oracle Actual Free Exam Questions And Answers

Question 1

What are thetwo possible reasonsforencumbrance created on the purchase orderto go back to thebudget or funds availability?

A. When the purchase order is set to accrue at receipt and partially received, then canceled or finally closed, encumbrance goes back to the budget to the extent of the unreceived amount.

B. When the requisition is set to accrue at period end and partially billed and then canceled or finally closed, encumbrance goes back to the budget to the extent of the unbilled amount.

C. The requisition reserved successfully undergoes amendment and is rejected in the reapproval.

D. The purchase order is canceled or finally closed or rejected without performing any receipt or invoice.

Discussion 0

Correct Answer: A,D Vote an answer

Question 2

Your company has complex consolidation requirements with multiple General Ledger instances. You are using Oracle Hyperion Financial Management to consolidate the disparate General Ledgers. You can typically map segments between your General Ledger segment to a Hyperion Financial Management segment, such as Company to Entity, Department to Department, and Account to Account What happens to segments in your source General Ledger, such as Program, that cannot be mapped to Hyperion Financial Management?

A. The unmapped segments default to future use segments in Hyperion Financial Management.

B. Errors occur for unmapped segments. You must map multiple segments from source General Ledgers to the target segment in Hyperion Financial Management.

C. Data is summarized across segments that are not mapped to Hyperion Financial Management.

D. No data is transferred.

Discussion 0

Correct Answer: C Vote an answer

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Question 3

Financial Reporting Web Studio is a powerful tool within the Oracle Fusion Cloud suite, designed to empower financial professionals with advanced reporting capabilities.
Which two are key capabilities of Financial Reporting Web Studio?

A. It helps group reports or books into batches for processing or scheduling.

B. It provides Batch Bursting options including e-mail and print.

C. It uses a drag and drop interface for report design.

D. It can be used to create financial statements.

Discussion 0

Correct Answer: C,D Vote an answer

Question 4

Which two allow access to the BI Catalog for creating an Oracle Transactional Business Intelligence analysis? (Choose two.)

A. Universal Content Management Workspace

B. Enterprise Performance Management Workspace

C. Scheduled Processes

D. Reports and Analytics

E. Business Process Management Workspace

Discussion 0

Correct Answer: B,D Vote an answer

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Question 5

You need to set up a calendar for the year Apr-XX to Mar-YY where YY is the following year, and you would like the periods to be named according to the year they fall in.
What format should you choose?

A. Fiscal Year

B. Calendar Year

C. Year

D. Period

Discussion 0

Correct Answer: A Vote an answer

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Question 6

The current implementation project covers Financials (with Fixed Assets and Expenses) with operations planned in three countries (USA, Italy, and India).
Which three labels are required when designing the chart of account structure for this project? (Choose three.)

A. Primary Balancing

B. Cost center

C. Natural Account

D. Secondary Balancing

E. Intercompany Segment

Discussion 0

Correct Answer: A,B,C Vote an answer

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Question 7

Which three Oracle Transactional Business Intelligence (OTBI) objects can be created by using the tools in the Oracle Business Intelligence (BI) catalog?

A. Infotiles

B. Reports

C. Infolets

D. Analyses

E. Dashboards

Discussion 0

Correct Answer: B,D,E Vote an answer

Question 8

In the implementation project, there is a requirement to add new transactional attributes to the journal approval notification.
Which two Business Intelligence catalog objects should you copy (or customize) and edit? (Choose two.)

A. The Sub Template

B. The layout Template

C. The Style Template

D. Output type

E. The Data Model

Discussion 0

Correct Answer: D,E Vote an answer

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Question 9

What is the key functionality of Smart View in Oracle Cloud Financial Reporting?

A. It is a data visualization tool that offers a library of interactive charts and graphs for financial analysis.

B. It is an Excel based add in that integrates with Oracle Essbase GL data for performing financial analysis and reporting.

C. It is a mobile application for accessing real-time financial dashboards on smartphones and tablets.

Discussion 0

Correct Answer: B Vote an answer

Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional - 1Z0-1054-26 Exam Practice Test

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