Free Oracle 1Z0-1054-25 Exam Questions
Try our Free Demo Practice Tests for Comprehensive 1Z0-1054-25 Exam Preparation
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Oracle 1Z0-1054-25 Exam Questions
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Provided By: Oracle
- Exam: Oracle Fusion Cloud Financials: General Ledger 2025 Implementation Professional
- Certification: Oracle Fusion Cloud Financials: General Ledger
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Total Questions: 170
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Updated On: Apr 29, 2025
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Rated: 4.9 |
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Online Users: 340
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Question 1
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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?
Answer: D
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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?
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Question 2
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You are capturing rental costs for a building in a corporate cost center. At month end, you want to allocate
those costs to the cost centers in the building based on the floor area occupied. A statistical journal has been
entered to record the floor area. You use Calculation Manager to create the allocation.
Where do you reference the statistical balance within the allocation component?
Answer: A
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You are capturing rental costs for a building in a corporate cost center. At month end, you want to allocate
those costs to the cost centers in the building based on the floor area occupied. A statistical journal has been
entered to record the floor area. You use Calculation Manager to create the allocation.
Where do you reference the statistical balance within the allocation component?
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Question 3
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You already ran Translation, but a last-minute adjusting journal entry in your ledger currency was entered after
you consolidated your results. What is Oracle’s recommended practice when this occurs?
Answer: B
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You already ran Translation, but a last-minute adjusting journal entry in your ledger currency was entered after
you consolidated your results. What is Oracle’s recommended practice when this occurs?
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Question 4
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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?
Answer: D
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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?
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Question 5
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Which two statements are TRUE regarding the Balances Cubes in General Ledger? (Choose two.)
Answer: C,E
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Which two statements are TRUE regarding the Balances Cubes in General Ledger? (Choose two.)