Free Oracle 1Z0-1054-25 Exam Questions
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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: Jun 03, 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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Your company has complex consolidation requirements with multiple general ledger instances. You are using Oracle Hyperion Financial Management to consolidate the disparate General Ledgers. You can typically map segments between your general ledger segment to a Hyperion Financial Management segment, such as Company to Entity, Department to Department, and Account to Account. What happens to segments in your source general ledger, such as Program, that cannot be mapped to Hyperion Financial Management?
Answer: A
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Your company has complex consolidation requirements with multiple general ledger instances. You are using Oracle Hyperion Financial Management to consolidate the disparate General Ledgers. You can typically map segments between your general ledger segment to a Hyperion Financial Management segment, such as Company to Entity, Department to Department, and Account to Account. What happens to segments in your source general ledger, such as Program, that cannot be mapped to Hyperion Financial Management?
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Question 2
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On a primary ledger in the system options close section, the following field has been selected 'Prevent General
Ledger Period Closure When Open Subledger Periods Exist'.
For which three subledgers can you opt out of the period close checking feature by using the lookup
ORA_GL_INCLD_STRICT_PRD_CLOSE? (Choose three.)
Answer: A,B,D
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On a primary ledger in the system options close section, the following field has been selected 'Prevent General
Ledger Period Closure When Open Subledger Periods Exist'.
For which three subledgers can you opt out of the period close checking feature by using the lookup
ORA_GL_INCLD_STRICT_PRD_CLOSE? (Choose three.)
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Question 3
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You have just been hired to add a new subsidiary to the corporate enterprise structure in the customer's Oracle
Fusion Cloud.
The subsidiary will capture transaction information from subledgers in the local currency and under
International Financial Reporting standards (IFRS) and local GAAP for corporate reporting requirements,
which will report via the use of a secondary ledger.
The secondary ledger is used only at period end; there is no need to have real-time transaction or Journal
details. It is noted that most of the accounting between IFRS and Corporate GAAP is similar.
Which conversion level would you recommend to keep a thin secondary ledger?
Answer: C
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You have just been hired to add a new subsidiary to the corporate enterprise structure in the customer's Oracle
Fusion Cloud.
The subsidiary will capture transaction information from subledgers in the local currency and under
International Financial Reporting standards (IFRS) and local GAAP for corporate reporting requirements,
which will report via the use of a secondary ledger.
The secondary ledger is used only at period end; there is no need to have real-time transaction or Journal
details. It is noted that most of the accounting between IFRS and Corporate GAAP is similar.
Which conversion level would you recommend to keep a thin secondary ledger?
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Question 4
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You entered users who are both employees and contingent workers. You want an automated way to assign,
reassign, and remove roles from users. What feature do you use?
Answer: D
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You entered users who are both employees and contingent workers. You want an automated way to assign,
reassign, and remove roles from users. What feature do you use?
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Question 5
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Your customer has a number of Chart of Account Mapping Rules for their Primary and Secondary ledgers.
You decide to use the FBDI template to load the rules.
Which two statements are true when using this method of entry? (Choose two.)
Answer: C,D
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Your customer has a number of Chart of Account Mapping Rules for their Primary and Secondary ledgers.
You decide to use the FBDI template to load the rules.
Which two statements are true when using this method of entry? (Choose two.)