Bolg | myelearning.uk for success

Karl Boyd Karl Boyd

0 Course Enrolled • 0 Course Completed

Biography

Oracle 1z0-1054-25 Exam Practice & Minimum 1z0-1054-25 Pass Score

What's more, part of that RealValidExam 1z0-1054-25 dumps now are free: https://drive.google.com/open?id=1p3nXVmbW0Q9cGnjiD9zQ6vi5yuWYacwd

Our experts update the 1z0-1054-25 training materials every day and provide the latest update timely to you. If you have the doubts or the questions about our product and the purchase procedures you can contact our online customer service personnel at any time. We provide the discounts to the old client and you can have a free download and tryout of our 1z0-1054-25 Test Question before your purchase. So there are many merits of our product. You can know the characteristics and the functions of our 1z0-1054-25 practice test by free demo before you purchase our 1z0-1054-25 exam questions.

Oracle 1z0-1054-25 Exam Syllabus Topics:

Topic
Details

Topic 1

Implementing Enterprise and Financial Reporting Structures: This section of the exam measures skills of Oracle ERP Implementation Consultants and covers the core components used in setting up enterprise structures and reporting configurations. It assesses knowledge in defining legal entities, jurisdictions, and geographies, as well as the design and configuration of Chart of Accounts. Candidates must also demonstrate how to set up and secure chart structures and manage reporting calendars and currencies.

Topic 2

Processing Intercompany: This domain assesses the skills of Finance Integration Specialists in configuring and managing intercompany transactions. Candidates must understand balancing rules, clearing configurations, and transaction processing, as well as how to maintain intercompany reconciliations in multi-entity structures.

Topic 3

Implementing and Managing Journals: This section targets Oracle General Ledger Consultants and covers the full cycle of journal processing—from creation through approval to management. It includes configuration of journal-related objects and understanding how journals are sourced, tracked, and approved using predefined rules and workflows.

>> Oracle 1z0-1054-25 Exam Practice <<

Verified Oracle 1z0-1054-25 Exam Practice & The Best RealValidExam - Leader in Certification Exam Materials

Our 1z0-1054-25 exam prep can allow users to use the time of debris anytime and anywhere to study and make more reasonable arrangements for their study and life. For there are three versions of the 1z0-1054-25 exam questions: the PDF, Software and APP online. Though the content is the same, the displays are different to meet all kinds of the customers' needs. Choosing our 1z0-1054-25 simulating materials is a good choice for you, and follow our step, just believe in yourself, you can pass the 1z0-1054-25 exam perfectly!

Oracle Financials Cloud: General Ledger 2025 Implementation Professional Sample Questions (Q30-Q35):

NEW QUESTION # 30
Which two statements are true regarding the export/import of reports?

A. A set of reports are provided for both exported and imported setup data to validate the export/import processes and setup data.
B. A set of reports lists user names, suppliers, and customers that have been exported/imported.
C. Reports on setup data can be used to compare and analyze how the data might have changed over time.
D. The export/import reports are available only for Fusion Customer Relationship Management.
E. To view errors encountered during the export or import Process, you must use SQL queries to obtain that data because no reports exist.

Answer: A,C

NEW QUESTION # 31
Challenge 2
Manage Shorthand Aliases
Scenario
Your client intends to utilize the Shorthand Alias feature and would like to see how the aliases will appear when entering transactions.
Task 2
Create a shorthand alias for the US Chart of Accounts to record Revenue Domestic for Supremo Fitness, Line of Business 2, and US Operations Cost Center.

Note:
* Prefix your alias name with 07, where 07 is your exam ID.
* There is no Product or Intercompany impact.

Answer:

Explanation:
See the Explanation for the complete Solution.
Explanation:
Here are the steps you need to follow:
In the Setup and Maintenance work area, go to the following:
Offering: Financials
Functional Area: Financial Reporting Structures
Task: Manage Shorthand Aliases
Select the chart of accounts that you want to create the alias for. In this case, it is the Corporate chart of accounts.
Click on the Add Row icon to create a new alias. Enter the following information:
Alias Name: RevDom
Account Template: 101-2000-400000-000-000-000
Description: Revenue Domestic for Supremo Fitness, Line of Business 2, and US Operations Cost Center Enabled: Yes Start Date: Today's date End Date: Blank Click on the Save and Close button to save the alias.
You have successfully created a shorthand alias for the US Chart of Accounts. For more information, you can refer to the following resources:
Account Aliases
Enter a GL Account Alias
Short Hand Alias in Fusion Financials Key Flexfield
How to Enable Account Shorthand Aliases

NEW QUESTION # 32
When will Intercompany processing balance a journal using the accounts identified here for the UK Ledger?

A. when there is a many-to-many journal and you want to use a clearing company
B. when the journal is balanced by second balancing segment value
C. when the journal is balanced by the primary BSV but not by second or third BSV
D. when the journal is not balanced by the primary balancing segment value (BSV)

Answer: C

Explanation:
Intercompany processing will balance a journal using the accounts identified here for the UK Ledger when the journal is balanced by the primary balancing segment value (BSV) but not by second or third BSV. A BSV is a segment in the chart of accounts that identifies a legal entity or business unit for which financial statements are prepared and balanced. A primary BSV is required for every ledger and is used to balance journal entries within a ledger. A secondary or tertiary BSV is optional and is used to balance journal entries across different dimensions other than the primary BSV, such as fund or region. Intercompany processing is a feature that enables intercompany transactions between different legal entities or business units within the same enterprise. Intercompany processing uses intercompany balancing rules to generate intercompany receivables and payables accounts for cross-ledger or cross-BSV journals. Intercompany processing will balance a journal using the accounts identified here for the UK Ledger when the journal is balanced by the primary BSV but not by second or third BSV, as this indicates that there is an intercompany transaction between different legal entities or business units within the UK Ledger that requires intercompany balancing.
Intercompany processing will not balance a journal using the accounts identified here for the UK Ledger when there is a many-to-many journal and you want to use a clearing company, as this is a scenario that involves multiple legal entities or business units across different ledgers that requires a separate clearing company ledger to perform intercompany balancing. Intercompany processing will not balance a journal using the accounts identified here for the UK Ledger when the journal is not balanced by the primary BSV, as this is an invalid scenario that violates the accounting rules and prevents posting of the journal. Intercompany processing will not balance a journal using the accounts identified here for the UK Ledger when the journal is balanced by second balancing segment value, as this is an incomplete scenario that does not specify whether the journal is also balanced by primary and third BSV. Reference: Oracle Financials Cloud: General Ledger
2022 Implementation Professional Objectives - Configure and Process Intercompany 12

NEW QUESTION # 33
Your company wants to change theCumulative Translation Adjustment (CTA) accountto record gains/losses from varying currency rates.
What steps must you perform to achieve this objective without causing data corruption?

A. Purge all translated balances, change the CTA account in the Ledger page, and rerun Translation for all periods required.
B. Open the Ledgers page and update the CTA account and then rerun Translation for all periods required.The system will automatically update the translated balances.
C. Query the Translation journals and delete all of them, then change the CTA account in the Ledger page, and rerun Translation for all periods required.
D. Define a new ledger and accounting configuration. The CTA account cannot be updated after the ledger has been in use.

Answer: A

NEW QUESTION # 34
You have three ledgers that use the same chart of accounts with one intercompany payable and one intercompany receivable account. The chart of accounts also has an intercompany segment. Each ledger has one legal entity assigned to it and each legal entity is associated with one balancing segment value.
At what level should you define the default intercompany balancing rule?

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

Answer: D

Explanation:
You should define the default intercompany balancing rule at the legal entity level, because each ledger has one legal entity assigned to it and each legal entity is associated with one balancing segment value. This way, you can specify the intercompany receivables and payables accounts for each legal entity and ensure that the journals are balanced by legal entity or primary balancing segment values. A ledger-level rule would apply to all legal entities in the ledger, which may not be appropriate if they have different intercompany accounts. A primary balancing segment rule would apply to all ledgers that share the same chart of accounts, which may not be desirable if they have different intercompany rules. A chart of accounts rule would apply to all ledgers and legal entities that use the same chart of accounts, which may not be feasible if they have different intercompany segments or accounts. References:
Intercompany Balancing Rules, Section: Define Intercompany Balancing Rules Overview of Intercompany Balancing Rules, Section: Define Intercompany Balancing Rules Troubleshooting Guide For Intercompany Balancing, Section: 1. Journals and subledger accounting entries are not being balanced for intercompany activity Implement General Ledger, Section: Intercompany Balancing

NEW QUESTION # 35
......

The study material to get Oracle Financials Cloud: General Ledger 2025 Implementation Professional should be according to individual's learning style and experience. Real Oracle 1z0-1054-25 Exam Questions certification makes you more dedicated and professional as it will provide you complete information required to work within a professional working environment. These questions will familiarize you with the 1z0-1054-25 Exam Format and the content that will be covered in the actual test. You will not get a passing score if you rely on outdated practice questions.

Minimum 1z0-1054-25 Pass Score: https://www.realvalidexam.com/1z0-1054-25-real-exam-dumps.html

2025 Latest RealValidExam 1z0-1054-25 PDF Dumps and 1z0-1054-25 Exam Engine Free Share: https://drive.google.com/open?id=1p3nXVmbW0Q9cGnjiD9zQ6vi5yuWYacwd