1z0-1054-23 by Oracle Actual Free Exam Questions And Answers

Question 1

You want your sales representatives to be able to find points of interest, such as customers, while out on business. What should you enable to achieve this?

A. Address Cleansing

B. HZ_GEO_IDENTIFIER_SUBTYPE Lookup

C. Validation

D. Geocoding

Discussion 0

Correct Answer: D Vote an answer

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Question 2

Your customer uses Financials Cloud, Projects, Inventory, and SCM.
Which two statements are true regarding intercompany accounting for these products? (Choose two.)

A. Each product has its own Intercompany Accounting feature that needs to be configured separately.

B. In Financials Cloud, Intercompany Balancing Rules are used to balance both cross-ledger allocation journals and single-ledger journals.

C. Intercompany Balancing Rules are defined centrally and applied across Financials and Projects.

D. Intercompany balancing rules in General Ledger need to be mapped with the intercompany configuration in each product.

Discussion 0

Correct Answer: A,C Vote an answer

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Question 3

There is a business requirement for a subsidiary company to report to the parent company on a monthly basis.
Given that:
The subsidiary is in another country from the parent.
There is no requirement to have daily balances.
The objective is to minimize the data stored in the reporting currency.
Which data conversion level should you recommend?

A. Balances Level

B. Adjustment only level

C. Journal Level

D. Spreadsheet level

E. Subledger level

Discussion 0

Correct Answer: A Vote an answer

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Question 4

Which two statements are true about infotiles and infolets?

A. Infotiles pull data from a Smart View analysis.

B. Infotiles have Front view. Back view, and Expanded view.

C. You can create your own user-defined infolets.

D. Infolets are accessed only from the News Feed home page layout.

E. You can refresh infolets to see up-to-date data.

Discussion 0

Correct Answer: B,E Vote an answer

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Question 5

Which two statements are true about balances cubes in General Ledger?

A. They are updated automatically when the General Ledger period is opened.

B. They are updated automatically when the Revaluation process is run.

C. They are updated automatically when the Translation process is run.

D. A new balances cube is created for a unique combination of ledger and currency.

E. New dimensions can be added to a General Ledger balances cube.

Discussion 0

Correct Answer: D,E Vote an answer

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Question 6

What are two uses of the Column Flattening and Row Flattening features? (Choose two.)

A. Create additional versions of a tree.

B. View information for runtime performance.

C. Set the status of a tree to active.

D. Verify correctness of trees.

E. Optimize parent/child relationships.

Discussion 0

Correct Answer: C,D Vote an answer

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Oracle Financials Cloud: General Ledger 2023 Implementation Professional - 1z0-1054-23 Exam Practice Test

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