1z0-1054-24 Free Download - Oracle Test 1z0-1054-24 Dumps Demo: Oracle Financials Cloud: General Ledger 2024 Implementation Professional Pass Success

The APP version of our 1z0-1054-24 study guide provides you with mock exams, time-limited exams, and online error correction and let you can review on any electronic device. So that you can practice our 1z0-1054-24 exam questions on Phone or IPAD, computer as so on. At the same time, for any version, we do not limit the number of downloads and the number of concurrent users, you can even buy 1z0-1054-24 Learning Materials together with your friends, which undoubtedly saves you a lot of overhead.

We can claim that prepared with our 1z0-1054-24 study materials for 20 to 30 hours, you can easy pass the 1z0-1054-24 exam and get your expected score. Also we offer free demos of our 1z0-1054-24 exam questions for you to check out the validity and precise of our 1z0-1054-24 Training Materials. Just come and have a try! You will be surprised to find the high accuracy of our 1z0-1054-24 training material. And as our high pass rate of 1z0-1054-24 practice braindump is 99% to 100%, you will pass the exam easily.

>> 1z0-1054-24 Free Download <<

1z0-1054-24 Exam Pass4sure & 1z0-1054-24 Torrent VCE: Oracle Financials Cloud: General Ledger 2024 Implementation Professional

The Oracle Financials Cloud: General Ledger 2024 Implementation Professional web-based practice exam has all the features of the desktop software, but it requires an active internet connection. If you are busy in your daily routine and cant manage a proper time to sit and prepare for the 1z0-1054-24 certification test, our Oracle Financials Cloud: General Ledger 2024 Implementation Professional 1z0-1054-24 PDF Questions file is ideal for you. You can open and use the 1z0-1054-24 Questions from any location at any time on your smartphones, tablets, and laptops. Questions in the Oracle Financials Cloud: General Ledger 2024 Implementation Professional 1z0-1054-24 PDF document are updated, and real.

Oracle 1z0-1054-24 Exam Syllabus Topics:

Topic	Details
Topic 1	Processing Journals: This section of the exam measures the skills of a Financial Consultant and covers the processes involved in capturing and managing journals. It explains how to configure journal approval workflows, outlines methods for entering journals, discusses average daily balance processing, and details the configuration and processing of intercompany transactions.
Topic 2	Configuring Ledgers: This section of the exam measures the skills of an Implementation Consultant and focuses on setting up and maintaining ledgers. It explains managing ledger configurations, understanding the General Ledger balances cube for reporting purposes, and applying security controls to protect ledger data and ensure proper access management.
Topic 3	Using Financial Reporting: This section of the exam measures the skills of an Implementation Consultant and covers the use of financial reporting tools in Oracle Financials Cloud. It explains how to work with the Financial Reporting Center, create and manage reports using Financial Reporting Web Studio, use Oracle Transactional Business Intelligence (OTBI), leverage Smart View for reporting, and utilize the General Accounting Dashboard. It also describes analyzing budgets versus actuals with these tools.
Topic 4	Managing Period Close Components: This section of the exam measures the skills of a Financial Consultant and covers activities necessary to complete a successful period close. It explains managing revaluations, translations, and consolidations, handling reconciliations, configuring the Close Monitor to track period close status, and creating allocations and periodic journal entries needed for finalizing accounting records.
Topic 5	Configuring Enterprise and Financial Reporting Structures: This section of the exam measures the skills of an Implementation Consultant and covers the setup of enterprise structures necessary for financial reporting. It includes configuring the chart of accounts, setting up account hierarchies, managing accounting calendars, securing chart of accounts segments, and handling legal jurisdictions, authorities, legal entities, geographies, and currencies to support an organization's financial operations.

Oracle Financials Cloud: General Ledger 2024 Implementation Professional Sample Questions (Q61-Q66):

NEW QUESTION # 61
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. Primary balancing segment rule
C. Legal entity-level rule
D. Chart of accounts rule

Answer: B

Explanation:
When balancing an intercompany journal, Oracle Fusion Cloud will first look for a primary balancing segment rule that matches the provider and receiver primary balancing segment values. If such a rule exists, it will be used to generate the intercompany receivables and payables accounts. If not, Oracle Fusion Cloud will look for a chart of accounts rule, then a legal entity-level rule, and finally a ledger-level rule. The primary balancing segment rule has the highest priority and the ledger-level rule has the lowest priority. References:
* Overview of Intercompany Balancing Rules
* Intercompany Balancing Rules
* Troubleshooting Guide For Intercompany Balancing
* Example of Generating Intercompany Receivables and Intercompany Payables Accounts

NEW QUESTION # 62
Which three factors should you consider while specifying Intercompany System options?

A. Automatic or manual batch numbering and the maximum transaction amount
B. Whether to allow receivers to reject intercompany transactions
C. Automatic or manual batch numbering and the minimum transaction amount
D. Approvers who will approve intercompany transactions
E. Whether to enforce an enterprise-wide currency or allow intercompany transactions in local currencies

Answer: B,C,E

Explanation:
Intercompany System options are used to set up intercompany processing rules at the enterprise level, based on your specific business needs. They help you standardize and simplify transaction processing, minimize disputes, and reduce administrative costs. The three factors that you should consider while specifying Intercompany System options are:
* Automatic or manual batch numbering and the minimum transaction amount: These options help you control the numbering and the size of intercompany transactions. You can choose to use system generated or manual batch numbering, and you can specify a minimum threshold amount for intercompany transactions to prevent immaterial transactions. To use the minimum transaction amount option, you must also select an Intercompany currency option.
* Whether to enforce an enterprise-wide currency or allow intercompany transactions in local currencies:
This option helps you manage the currency risk and the conversion rate fluctuations for intercompany transactions. You can choose to standardize transaction processing by selecting an Intercompany currency, which means that all intercompany transactions created in the Intercompany module are entered in this currency. Alternatively, you can choose to allow intercompany transactions in local currencies, which means that intercompany transactions can be entered in the ledger currency of the sender or the receiver.
* Whether to allow receivers to reject intercompany transactions: This option helps you handle the approval and dispute resolution process for intercompany transactions. You can choose to allow receivers to reject intercompany transactions if they disagree with the sender's information, such as the amount,the account, or the date. If you enable this option, you must also specify the rejection reason and the notification details for the sender.
References:
* Intercompany System Options
* Implementing Enterprise Structures and General Ledger
* Implement General Ledger

NEW QUESTION # 63
You want to automatically post journal batches imported from subledger sources to prevent accidental edits or deletions of the subledger sources journals, which could cause an out-of-balance situation between your subledgers and general ledger.
Which two aspects should you consider when defining your AutoPost Criteria?

A. Create your AutoPost criteria using minimal sources and categories.
B. Schedule your AutoPost Criteria set to run during off-peak hours only.
C. Include all of your subledger sources in the AutoPost Criteria. Divide up criteria sets by subledger source only if you need to schedule different posting times.
D. Use the All option for category and accounting period to reduce maintenance and ensure that all imported journals are included in the posting process.

Answer: C,D

NEW QUESTION # 64
What type ofusermust be defined before you can create anImplementation Project?

A. All roles that will be used throughout the implementation
B. A full-time employee that has the FSM Superuser role assigned
C. None. The OIM system administrator user ID, XELSYSADM, which is assigned by the person provisioning the system, has full access.
D. None. The Fusion Applications Superuser, FAADMIN, has full access to create an Implementation Project.
E. Implementation Users

Answer: D

NEW QUESTION # 65
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. Nothing, existing historical rates are not updated.
B. The existing historical rate is deleted.
C. The historical rate is replaced.
D. Historical rates are converted into an average rate (original and new rate).

Answer: C

Explanation:
If you use insert in the spreadsheet to load the monthly historical rates by using FBDI, the existing historical rate for a specific ledger, currency, account combination, and accounting period will be replaced by the new rate. This is because the insert action will overwrite the existing rate with the new rate in the GL_HISTORICAL_RATES_INT table. If you want to preserve the existing rate, you should use update or delete actions instead. References:
* How Historical Rates Import Data Is Processed, Section: Use the Historical Rates Import file-based data import (FBDI) template to import historical rates from external and legacy sources to Oracle General Ledger
* Import Historical Rates, Section: Details
* Entering Historical Rates, Section: Entering Historical Rates

NEW QUESTION # 66
......

Prep4pass provides a high-quality Oracle Financials Cloud: General Ledger 2024 Implementation Professional 1z0-1054-24 practice exam. The best feature of the Oracle 1z0-1054-24 exam dumps is that they are available in PDF and a web-based test format. They both distinguish Oracle from competing products. Visit Oracle and purchase your Oracle 1z0-1054-24 and Supply exam product to start studying for the 1z0-1054-24 exam.

Test 1z0-1054-24 Dumps Demo: https://www.prep4pass.com/1z0-1054-24_exam-braindumps.html