Oracle Financials Cloud: General Ledger 2023 Implementation Professional - 1z0-1054-23

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Oracle 1z0-1054-23 Exam Syllabus Topics:

Oracle Financials Cloud: General Ledger 2023 Implementation Professional Sample Questions:

1. You need to add new transactional attributes to the journal approval notification in an implementation project.
Which two Business Intelligence catalog objects should you copy (or customize) and edit?

A) Style template
B) Output type
C) Layout template
D) Data model
E) Sub template

2. You are using Oracle General Ledger (GL), Oracle Payables, and Oracle Receivables and you want to prevent the closure of the GL period if the corresponding subledger period is not closed. How do you achieve this?

A) Set the ORA_GLJNCLD_STRICT_PRD_CLOSE profile option to yes.
B) Opt in to the Prevent Period Close option for the offering.
C) Set the relevant option on the Specify Ledger Options page.
D) You don't have to do anything; this option is enabled automatically.

3. Your ledger currency is USD. At month end, you have a balance on the Accounts Payable Liability Account of
100,000 Euros, which is equivalent to 136,550 USD. This balance needs to be revalued. The month-end exchange rate for revaluation is 1 Euro = 1.3755 USD.
What two statements are true about the resulting revaluation run?

A) You have an unrealized exchange gain recorded.
B) The original journal entry in Euros remains the same.
C) The original journal entry in Euros is updated.
D) You have an unrealized exchange loss recorded.
E) There is no unrealized exchange gain or loss calculated.

4. You want your sales representatives to be able to find points of interest, such as customers, while out on business. What should you enable to achieve this?

A) HZ_GEO_IDENTIFIER_SUBTYPE Lookup
B) Geocoding
C) Validation
D) Address Cleansing

5. You need to set up a calendar for the year Apr-XX to Mar-YY where YY is the following year, and you would like the periods to be named according to the year they fall in.
What format should you choose?

A) Year
B) Fiscal Year
C) Period
D) Calendar Year

Solutions: