Free Oracle 1D0-1054-24-D Exam Questions

Become Oracle Certified with updated 1D0-1054-24-D exam questions and correct answers

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Total 108 Questions | Updated On: Jan 08, 2025

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Question 1

You just submitted the Accounting Configuration. What two things must happen before you can enter journals? (Choose two.)

A : u must re-deploy the chart of accounts

B : Data Access Set with full read/write access to the ledger is automatically created

C : u must define a Data Access Set to obtain full read/write access to ledgers in the Accounting Configuration

D : u must assign the job role and data security context to each user

Answer: B,D

Question 2

Which reporting tool is best suited for submitting high-volume transactional reports, such as Invoice Registers or Trial Balance reports, that can be configured to extract the data in Rich Text Format or xml?

A : acle Transactional Business Intelligence (OTBI)

B : iness Intelligence Publisher (BI Publisher)

C : nancial Reporting Center

D : art View

E : acle Data Visualization Cloud Service

Answer: B

Question 3

Your company has a legal entity in the UK, US, and CanadA. They can all share the same chart of accounts

but are required to transact and report in their local currency.

What is the minimum number of ledgers you need and why?

A : e, because they can all share the same chart of accounts

B : ree, because each requires a different currency

C : o, because the US and Canada can share the same ledger because they are in North America

D : ur, because the UK has statutory requirements and you will need a separate ledger for statutory reporting

Answer: A

Question 4

Your client has been using Budgetary Control for six months. Now, they want to use the Spend Authorization.

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After opting in the new feature Spend Authorization with Budgetary Control, what additional three actions

need

to be accomplished to activate this feature? (Choose three.)

A : able Payment Request Subtypes

B : build the GL Balances Cube

C : eate a Payment Process Profile

D : build the Budgetary Control Cube

E : able spend authorization

Answer: A,D

Question 5

Your customer uses Financials Cloud, Projects, Inventory, and SCM.

Which two statements are true regarding intercompany accounting for these products? (Choose two.)

A : tercompany balancing rules in General Ledger need to be mapped with the intercompany configuration in each product

B : tercompany Balancing Rules are defined centrally and applied across Financials and Projects

C : ch product has its own Intercompany Accounting feature that needs to be configured separately

D : Financials Cloud, Intercompany Balancing Rules are used to balance both cross-ledger allocation journals and single-ledger journals

Answer: C,D

Page: 1 / 22

Total 108 Questions | Updated On: Jan 08, 2025

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