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Oracle 1z0-1054-23 Exam Syllabus Topics:

Oracle Financials Cloud: General Ledger 2023 Implementation Professional Sample Questions:

1. Which two statements are true regarding the Translation process? (Choose two.)

A) The Translation process can only be used for translating the balances of Secondary ledgers.
B) The Translation process should be run before posting Period Close adjustment entries.
C) The Translation process can only be used to translate balance sheet accounts.
D) Any resulting offset from the translation is entered in the Cumulative Translation Adjustment account.
E) If necessary, before submitting the Translation process, the Revaluation process should be completed.

2. Which delivered role can access the full functionality of Functional Setup Manager?

A) Any functional user
B) Application Implementation Consultant
C) Functional Setup Manager Superuser
D) Application Implementation Manager
E) IT Security Manager

3. 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) Year
C) Calendar Year
D) Period

4. A new Oracle Fusion Cloud client needs to produce an income statement on a regular basis using Smart View.
Which Smart View tool would be best for this?

A) Query Designer
B) Smart Slices
C) Account Groups
D) Smart Queries

5. You have a requirement to have invoices generated for certain Intercompany transactions.
Where do you enable invoicing?

A) the transaction source
B) the transaction category
C) the transaction batch
D) the transaction type

Solutions: