Oracle Financials Cloud: General Ledger 2019 Implementation Essentials - 1Z0-1054 Exam Practice Test

A. You can define different balancing rules for different combinations of journal sources, journal categories, and transaction types.

B. You can only define balancing rules for different journals' sources. You cannot define balancing rules for different journal categories.

C. You can define different rules for different charts of accounts, ledgers, legal entities, and primary balancing segment values.ys

D. All ledgers engaged in an intercompany transaction must share the same chart of accounts in order to define balancing rules.

A. Run the "Segment Value Inheritance" program

B. Deactivate the value

C. Run the "Correct Misclassified Account" program

D. Run the "Update Balance Cube Chart of the Accounting Dimension" program

A. There is no need to define an intercompany segment. You can track the intercompany trading partner using distinct intercompany receivable/payable natural accounts to identify the trading partner

B. There is no need to define an intercompany segment, the Intercompany module keeps track of the trading partners for you based on the intercompany rules to define

C. Define an intercompany segment and qualify it as the second balancing segment to make sure all entries are balanced for the primary balancing segment and intercompany segment

D. Define an intercompany segment in the chart of accounts. The Intercompany module and the Intercompany balancing feature in general ledger and subledger accounting will automatically populate the intercompany segment which the balancing segment value of the legal entity with which you are trading

A. Application Development Framework Desktop Integration (ADFdi)

B. Budget Account Group

C. Budget Controller

D. Budget Group

E. Account Group

A. Purchase order encumbrance will be released for $2,100 USD

B. As there are cancellations for $400 USD, the system will partially reserve the funds in September 2016 and fully reserve it in October 2016

C. The system always consumes budget of future periods if the limit for the current period is expired, so October 2016 budget will be considered for reservation

D. Funds reservation only happens for non-matched invoices, so the system will not reserve funds

E. No change

A. Use the Manage Accounting Periods page to view the status of all subledgers and ledgers

B. Use Close Monitor in General Accounting Dashboard

C. Access each subledgers' calendar and General Ledger's Manage Accounting Periods page to view the status of each period

D. Run Closing Status reports

A. Use file-based spreadsheet loaders using UCM to mass load and maintain chart of accounts segment values and hierarchies

B. Use HCM's Enterprise Structure Configurator (ESC) first

C. Create your chart of accounts in the following order: value sets, COA structure, and instance before assigning values to the value sets

D. Use the Rapid Implementation spreadsheet when creating your enterprise structure

E. Deploy your chart of accounts

A. OBIA works for multiple sources including E-Business Suite, PeopleSoft, JD Edwards, SAP, and Cloud Applications

B. Both OBIA and OTBI provide a set of predefined reports and dashboards and a library of metrics that help to measure business performance.

C. OTBI allows you to create custom reports from real-time transactional data against the database directly

D. OBIA is based on the universal data warehouse design with different prebuilt adapters that can connect to various source applications.

E. Cloud customers can use both OTBI and OBIA