Free Oracle 1Z0-1054-24 Exam Questions
Absolute Free 1Z0-1054-24 Exam Practice for Comprehensive Preparation
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Oracle 1Z0-1054-24 Exam Questions
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Provided By: Oracle
- Exam: Oracle Financials Cloud: General Ledger 2024 Implementation Professional
- Certification: Oracle Financials Cloud
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Total Questions: 170
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Updated On: May 15, 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 a legal entity in the UK, US, and CanadA. They can all share the same chart of accountsbut are required to transact and report in their local currency.What is the minimum number of ledgers you need and why?
Answer: B
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Question 2
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Which delivered role can access the full functionality of Functional Setup Manager?
Answer: A
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Which delivered role can access the full functionality of Functional Setup Manager?
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Question 3
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There is a business requirement for a subsidiary company to report to the parent company on a monthly basis.
Given that:
The subsidiary is in another country from the parent.
There is no requirement to have daily balances.
The objective is to minimize the data stored in the reporting currency.
Which data conversion level should you recommend?
Answer: D
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There is a business requirement for a subsidiary company to report to the parent company on a monthly basis.
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Question 4
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All of your subsidiaries reside on the same application instance, but some of them require a different chart of accounts and/or accounting calendar and currency. There is no minority interest or partial ownerships. What is
Oracle’s recommended approach to performing consolidations?
Answer: A
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All of your subsidiaries reside on the same application instance, but some of them require a different chart of accounts and/or accounting calendar and currency. There is no minority interest or partial ownerships. What is
Oracle’s recommended approach to performing consolidations?
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Question 5
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The current implementation project covers Financials (with Fixed Assets and Expenses) with operations planned in three countries (USA, Italy, and India). Which three labels are required when designing the chart of account structure for this project? (Choose three.)
Answer: A,D,E
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