Blog

Mark Scott Mark Scott

0 Course Enrolled • 0 Course Completed

Biography

Pass Guaranteed Quiz Oracle - Accurate Reliable 1z0-1054-24 Guide Files

We cannot predicate the future but we can live in the moment. There are many meaningful things waiting for us to do. Try to immerse yourself in new experience. Once you get the Oracle 1z0-1054-24 certificate, your life will change greatly. First of all, you will grow into a comprehensive talent under the guidance of our Oracle Financials Cloud: General Ledger 2024 Implementation Professional 1z0-1054-24 Exam Materials, which is very popular in the job market.

At the beginning of the launch of our 1z0-1054-24 exam torrent, they made a splash in the market. We have three versions which are the sources that bring prestige to our company. Our PDF version of Oracle Financials Cloud: General Ledger 2024 Implementation Professional prepare torrent is suitable for reading and printing requests. You can review and practice with it clearly just like using a processional book. It can satisfy the fundamental demands of candidates with concise layout and illegible outline. The second one of 1z0-1054-24 Test Braindumps is software versions which are usable to windows system only with simulation test system for you to practice in daily life. The last one is app version of 1z0-1054-24 exam torrent suitable for different kinds of electronic products.

>> Reliable 1z0-1054-24 Guide Files <<

Authoritative Reliable 1z0-1054-24 Guide Files to Obtain Oracle Certification

Our Oracle 1z0-1054-24 demo products hold the demonstration for our actual products, demos are offered at no cost only for raising your confidence level. Procure the quality of our product in advance, unsighted featured becomes reveal with our 1z0-1054-24 Demo products. Free Private Cloud Monitoring and Operations with demos respond to all kind of worries that customers have in their mind while going for actual purchase.

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 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.

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 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.

Oracle Financials Cloud: General Ledger 2024 Implementation Professional Sample Questions (Q15-Q20):

NEW QUESTION # 15
You attempt to activate a tree version, but the audit process fails. In which two ways can you resolve this?

A. Make sure all users sign out of the calculation manager.
B. Ensure that you do not assign children to child values.
C. Run the Publish Chart of Accounts Dimension Members and Hierarchies program.
D. Run the Chart of Accounts Deployment process.
E. Ensure that parent values have the summary attributes set correctly.

Answer: B,E

NEW QUESTION # 16
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. The historical rate is replaced.
B. Historical rates are converted into an average rate (original and new rate).
C. The existing historical rate is deleted.
D. Nothing, existing historical rates are not updated.

Answer: A

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 # 17
You want toprevent intercompany transactionsfrom being entered during thelast day of the close. What should you do?

A. Freeze the Intercompany Journal source in General Ledger.
B. Close the General Ledger period in the Manage Accounting Periods page.
C. Close Intercompany periods in Fusion Intercompany.
D. Close all subledger periods.

Answer: C

NEW QUESTION # 18
Which two allow access to the BI Catalog for creating an Oracle Transactional Business Intelligence analysis?
(Choose two.)

A. Business Process Management Workspace
B. Enterprise Performance Management Workspace
C. Reports and Analytics
D. Universal Content Management Workspace
E. Scheduled Processes

Answer: B,C

Explanation:
The two options that allow access to the BI Catalog for creating an Oracle Transactional Business Intelligence analysis are Reports and Analytics and Enterprise Performance Management Workspace. Reports and Analytics is a tool that allows users to access, create, edit, and share reports and analyses using data from various sources, including Oracle Transactional Business Intelligence. Users can access Reports and Analytics from various pages in Oracle Fusion Applications or from Oracle Fusion Cloud Service Console. Enterprise Performance Management Workspace is a tool that allows users to access, create, edit, and share reports and analyses using data from various sources, including Oracle Transactional Business Intelligence. Users can access Enterprise Performance Management Workspace from Oracle Fusion Cloud Service Console or from a web browser. Universal Content Management Workspace is not an option that allows access to the BI Catalog for creating an OracleTransactional Business Intelligence analysis, as this is a tool that allows users to manage documents and other digital content in Oracle Fusion Applications. Business Process Management Workspace is not an option that allows access to the BI Catalog for creating an Oracle Transactional Business Intelligence analysis, as this is a tool that allows users to monitor and manage business processes in Oracle Fusion Applications. Scheduled Processes is not an option that allows access to the BI Catalog for creating an Oracle Transactional Business Intelligence analysis, as this is a tool that allows users to submit, monitor, and manage scheduled processes in Oracle Fusion Applications. Reference: Oracle FinancialsCloud: General Ledger 2022 Implementation Professional Objectives - Use Oracle Transactional Business Intelligence (OTBI) 12

NEW QUESTION # 19
Which two are valid Data Access Set types? (Choose two.)

A. Full access
B. Full Ledger
C. Read Only access
D. Primary Balancing Segment Value
E. Read and Write access

Answer: A,C

Explanation:
The two valid Data Access Set types are Full access and Read Only access. A Data Access Set is a security feature that defines the access level that users have to ledger data, such as balances, budgets, or journals. A Data Access Set type is an attribute that determines the type of access that users have to ledger data within a Data Access Set. The two valid Data Access Set types are Full access and Read Only access. Full access allows users to view and enter data for ledger data within a Data Access Set. Read Only access allows users to view but not enter data for ledger data within a Data Access Set. Full Ledger is not a valid Data Access Set type, but an option that determines whether a Data Access Set grants access to all balancing segment values in a ledger or only specific balancing segment values. Primary Balancing Segment Value is not a valid Data Access Set type, but an attribute that identifies the legal entity or business unit for which financial statements are prepared and balanced. Read and Write access is not a valid Data Access Set type, but an alternative term for Full access. Reference: Oracle Financials Cloud: General Ledger 2022 Implementation Professional Objectives - Define Ledgers 12

NEW QUESTION # 20
......

Your personal experience convinces all. You can easily download the free demo of 1z0-1054-24 brain dumps on our Easy4Engine. Our professional IT team will provide the most reliable 1z0-1054-24 study materials to you. If you have any questions about purchasing 1z0-1054-24 Exam software, you can contact with our online support who will give you 24h online service.

1z0-1054-24 Pass4sure Dumps Pdf: https://www.easy4engine.com/1z0-1054-24-test-engine.html

Cookie	Duration	Description
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Mark Scott Mark Scott

Biography

COOKIE NOTICE