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Oracle 1Z0-1054-22 Exam

Certification Provider: Oracle
Exam Name: Oracle Financials Cloud: General Ledger 2022 Implementation Professional
Duration: 90 Minutes
Number of questions in our database: 102
Exam Version: Jan. 29, 2023
1Z0-1054-22 Exam Official Topics:
  • Topic 1: Manage Reporting using Financial Reporting Web Studio/ Explain the journal approval setup
  • Topic 2: Manage Legal Jurisdictions, Legal Authorities and Legal Entities/ Explain the General Ledger Balances Cube
  • Topic 3: Process intercompany reconciliations/ Configuring Enterprise and Financial Reporting Structures
  • Topic 4: Describe the General Accounting Dashboard and Work Areas/ Describe Smart View accounting inquiry and analysis
  • Topic 5: Manage Intercompany Balancing Rules and Additional Intercompany and Clearing Options/ Explain Oracle Transactional Business Intelligence
  • Topic 6: Explain the Financial Reporting Center and available reporting tools/ Manage Chart of Accounts Security
  • Topic 7: Create Allocations and Periodic Entries/ Processing Intercompany Transactions
  • Topic 8: Configuring Period Close Components/ Configure and Process Intercompany
  • Topic 9: Manage General Ledger Security/ Describe intercompany balancing/ Manage Accounting Calendars
  • Topic 10: Configuring Financial Reporting/ Analyze budgets versus actuals/ Manage Account Hierarchies

Free Oracle 1Z0-1054-22 Exam Actual Questions

The questions for 1Z0-1054-22 were last updated On Jan. 29, 2023

Question #1

In which two ways can your users personalize the Springboards and Work Areas to suit their individual

working styles? (Choose two.)

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Correct Answer: A, C

Question #2

You have a requirement for the Intercompany Provider and Receiver distribution accounts to be created

automatically for all intercompany transactions.

What should you configure?

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Correct Answer: A

Question #3

You create an invoice for USD 100 that is matched to a purchase order of USD 100. You validate the invoice to consume the budget and reduce funds available. And then later, you cancel the invoice. What happens to funds available when you cancel an invoice that requires budgetary control?

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Correct Answer: B

Question #4

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?

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Correct Answer: D

Question #5

You defined a tree or hierarchy, but you are unable to set its status to Active. What is the reason?

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