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Oracle 1z0-1054-23 Exam Syllabus Topics:

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

1. For translation purposes, the Financials reporting team has decided to load the monthly Historical currency rates by using File-Based Data Interface (FBDI).
What happens to the existing historical rate for a specific ledger, currency, account combination, and accounting period if they use insert in the spreadsheet?

A) The historical rate is replaced.
B) Nothing, existing historical rates are not updated.
C) The existing historical rate is deleted.
D) Historical rates are converted into an average rate (original and new rate).

2. You are capturing rental costs for a building in a corporate cost center. At month end, you want to allocate those costs to the cost centers in the building based on the floor area occupied. A statistical journal has been entered to record the floor area. You use Calculation Manager to create the allocation.
Where do you reference the statistical balance within the allocation component?

A) Target
B) Basis
C) Allocation Range
D) Offset
E) Source

3. Which two statements are true about infotiles and infolets?

A) You can refresh infolets to see up-to-date data.
B) Infotiles pull data from a Smart View analysis.
C) Infotiles have Front view. Back view, and Expanded view.
D) You can create your own user-defined infolets.
E) Infolets are accessed only from the News Feed home page layout.

4. An Oracle Fusion Cloud customer has a complex enterprise structure that includes multiple legal entities in multiple countries. To match the intercompany balancing requirements, all four levels of rules have been defined. In user testing, the business experts are asking which rule will be considered first when balancing an intercompany journal?

A) Ledger-level rule
B) Legal entity-level rule
C) Chart of accounts rule
D) Primary balancing segment rule

5. Your customer has a number of Chart of Account Mapping Rules for their Primary and Secondary ledgers.
You decide to use the FBDI template to load the rules.
Which two statements are true when using this method of entry? (Choose two.)

A) It supports external integration using REST services.
B) You can create, update, and delete segment rules for a chart of accounts mapping.
C) You can create, update, and delete account rules for a chart of accounts mapping.
D) You can download the template only from the Manage Chart of Accounts Mappings page.

Solutions: