Oracle 1Z0-1054-21 Valid Dump : Oracle Financials Cloud: General Ledger 2021 Implementation Essentials

1Z0-1054-21 real exams

Exam Code: 1Z0-1054-21

Exam Name: Oracle Financials Cloud: General Ledger 2021 Implementation Essentials

Updated: Nov 12, 2024

Q & A: 136 Questions and Answers

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Oracle Financials Cloud: General Ledger 2021 Implementation Essentials Sample Questions:

1. Which three reporting tools are based on real-time data or balances?

A) Smart view
B) Oracle Business Intelligence Applications (??IA)
C) Business Intelligence Publisher (BI Publisher)
D) Oracle Financial Reporting (FR)
E) Oracle Transactional Business Intelligence (OTBI)


2. You are implementing Fusion Accounting Hub for your external Accounts Receivables system. The external system sends invoices billed and cash receipts in a flat file, along with the customer classification information. You want the accounting amounts to be tracked by customers too but you do not want to add a Customer segment to your chart of accounts. What is the solution?

A) Use the Open Account Balances Listing report that has balances by customer
B) Capture customer information as the source and develop a custom report using Online Transactional Business Intelligence (OTBI)
C) Use Supporting References to capture customer classification information
D) Use the Third Party Control Account feature


3. You have a requirement to have invoices generated for certain Intercompany transaction Where do you enable Invoicing?

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


4. You need to define multiple allocation rules as efficiently as possible, Which three components can be reused across allocation rules?

A) RuleSets
B) Point of View (POV)
C) Run Time Protocols (RTP)
D) Formulas


5. Which tool can you use to create a Financial Income Statement?

A) PS/nVision
B) One View Reporting
C) Rapid Implementation Enterprise Structure Setup
D) Account Inspector


Solutions:

Question # 1
Answer: A,D,E
Question # 2
Answer: C
Question # 3
Answer: B
Question # 4
Answer: A,B,D
Question # 5
Answer: D

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