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Oracle 1Z0-1054-21 Exam Syllabus Topics:

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

1. You need to create a month-end reporting package for an upcoming Audit Committee meeting, you have10 financial reports that you want to share with executives and auditors that are nicely formatted.
Identify the two Oracle recommended ways to accomplish this. (Choose two.)

A) Using Workspace, assemble multiple reports into a book that can be printed and viewed individually as an entire book
B) Use a report batch to run reports at a specific time to create a set of snapshot reports
C) Create a Smart view report, where the various sheets represent the different Financial Statements and send them the spreadsheet
D) Use OTBI to create multiple reports that you save to a folder that only the users can access
E) Use BI Publisher to configure the reports and then use bursting to email the reports to the executives and Audit Committee

2. Which two types of journals can be automatically routed through the journal approval process

A) Manual journals
B) Revaluation journals
C) Allocation journals
D) Sub ledger journals
E) Journals imported from third-party systems

3. The Budget Manager specify the budget accounts they want to monitor and decide on percentage threshold of funds availability. Where must you define the details while analyzing budget balances in the budget Account Monitor Page?

A) Budget Controller
B) Application Development Framework Desktop Integration (Adfdi)
C) Budget Group
D) Budget Account Group
E) Account Group

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

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

5. The Create Accounting program could not determine the debit side of the journal entry Which component of Subledger Accounting determines the debit or credit side of a journal entry?

A) Journal Balances Rule
B) Journal Line Rule
C) Account Rule
D) Journal Accounting Rule
E) Journal Entry Rule

Solutions: