Oracle Exam 1z0-1054-22 Registration

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NEW QUESTION 52
Management has added a requirement to segregate the duties of transferring journals to the General Ledger from the posting function. Which two new features allow this segregation? (Choose two.)

  • A. Must have separate user defined roles using the privilege XLA_CREATE_GENERAL_LEDGER_AND_SUBLEDGER _JOURNALS.
  • B. Uncheck the Enable Posting from the Manage Subledger Accounting Options task.
  • C. Journal entry spreadsheets are not impacted by this new function.
  • D. For previously scheduled automated processes, it is recommended to cancel and rescheduled the process for the option to be effective.

Answer: B,D

 

NEW QUESTION 53
You want to monitor the close process of all your financial subledgers and ledgers. How can you quickly obtain this information?

  • A. Access each subledgers’ calendar and General Ledger’s Manage Accounting Periods page to view the status of each period
  • B. Use the Manage Accounting Periods page to view the status of all subledgers and ledgers
  • C. Use Close Monitor in General Accounting Dashboard
  • D. Run Closing Status reports

Answer: D

 

NEW QUESTION 54
You operate in a country whose unstable currency makes it unsuitable for managing your day-to-day business. As a consequence, you need to manage your business in a more stable currency while retaining the ability to report in the unstable local currency. What would be your recommendation when defining ledgers?

  • A. Run Revaluation as often as you need to the more stable currency and report on the more stable currency’s balances
  • B. Create a secondary ledger that uses a different chart of accounts that is denominated in the more stable currency
  • C. Use Journal-Level or Subledger-Level Reporting Currencies denominated in the more stable currency
  • D. Run Revaluation to translate into Statistical Currency

Answer: C

 

NEW QUESTION 55
What are the three differences between Oracle Transactional Business Intelligence (OTBI) and Oracle Business Intelligence Applications (OBIA)? (Choose three.)

  • A. OBIA is based on the universal data warehouse design with different prebuilt adapters that can connect to various source applications.
  • B. Both OBIA and OTBI provide a set of predefined reports and dashboards and a library of metrics that help to measure business performance.
  • C. OBIA works for multiple sources including E-Business Suite, PeopleSoft, JD Edwards, SAP, and Cloud Applications
  • D. Cloud customers can use both OTBI and OBIA
  • E. OTBI allows you to create custom reports from real-time transactional data against the database directly

Answer: A,C,E

 

NEW QUESTION 56
In Financial Cloud, which three reporting tools can be used to access General Ledger balances? (Choose three.)

  • A. Smart View
  • B. Financial Reporting Studio
  • C. Oracle Transactions Business Intelligence
  • D. Application Composer
  • E. Oracle Enterprise Repository

Answer: A,B,C

 

NEW QUESTION 57
……

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