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Oracle 1z0-1054-22 exam is designed for professionals who are seeking to validate their skills in implementing Oracle Financials Cloud General Ledger. 1z0-1054-22 exam is the most recent version, updated in 2022, and is an excellent opportunity for professionals to demonstrate their expertise in this field. Oracle Financials Cloud: General Ledger 2022 Implementation Professional certification earned from 1z0-1054-22 exam will validate the candidate's knowledge and skills required to implement Oracle Financials Cloud General Ledger.
Oracle Financials Cloud: General Ledger 2022 Implementation Professional Sample Questions (Q52-Q57):
NEW QUESTION # 52
You have noticed that a lot of erroneous address data is being saved. You want to ensure that only valid addresses are entered in the system.
How do you achieve this?
- A. Redefine the location structure.
- B. Define the geography validation for country option to No Validation.
- C. Define the geography validation for country option to Error.
- D. Redefine the geography hierarchy.
Answer: C
Explanation:
To ensure that only valid addresses are entered in the system, you should define the geography validation for country option to Error. This option determines how geography validation is performed when users enter addresses in various applications. If you set this option to Error, then users can only enter addresses that match predefined geographies in the Geography Hierarchy. If users enter invalid addresses, they will receive an error message and will not be able to save the address until they correct it. You do not need to redefine the location structure, as this is a feature that defines how locations are identified and organized in Oracle Fusion Applications. You do not need to redefine the geography hierarchy, as this is a feature that defines how geographies are structured and validated in Oracle Fusion Applications. You do not need to define the geography validation for country option to No Validation, as this option disables geography validation and allows users to enter any address without checking against predefined geographies. Reference: Oracle Financials Cloud: General Ledger 2022 Implementation Professional Objectives - Define Enterprise Structures 12
NEW QUESTION # 53
You set up a secondary ledger using the Manage Secondary Ledger task and selected a data conversion level of subledger. Which two actions should you now perform? (Choose two.)
- A. Assign a Subledger Accounting Method to the secondary ledger
- B. Define Journal Conversion Rules that exclude subledgers
- C. Define Journal Conversion Rules that include subledgers in order to transfer subledger transactions
- D. Define Supporting References with balances
- E. Ensure that the Accounting Calendar and Currency are the same as the Primary Ledger
Answer: A,C
Explanation:
you need to define journal conversion rules that include subledgers in order to transfer subledger transactions when you set up a secondary ledger using the Manage Secondary Ledger task and selected a data conversion level of subledger. Journal conversion rules define how journal entries are converted from one ledger to another ledger. Therefore, option B is correct. You also need to assign a Subledger Accounting Method to the secondary ledger when you set up a secondary ledger using the Manage Secondary Ledger task and selected a data conversion level of subledger. A Subledger Accounting Method defines how accounting entries are generated for subledger transactions. Therefore, option D is correct. Option A is incorrect because you don't need to ensure that the Accounting Calendar and Currency are the same as the Primary Ledger when you set up a secondary ledger using the Manage Secondary Ledger task and selected a data conversion level of subledger. You can have different Accounting Calendar and Currency for your secondary ledger. Option C is incorrect because you don't need to define journal conversion rules that exclude subledgers when you set up a secondary ledger using the Manage Secondary Ledger task and selected a data conversion level of subledger. You need to include subledgers in your journal conversion rules. Option E is incorrect because you don't need to define Supporting References with balances when you set up a secondary ledger using the Manage Secondary Ledger task and selected a data conversion level of subledger. Supporting References are used to store additional information for journal lines.
NEW QUESTION # 54
Your client has been using Budgetary Control for six months. Now, they want to use the Spend Authorization.
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After opting in the new feature Spend Authorization with Budgetary Control, what additional three actions need to be accomplished to activate this feature? (Choose three.)
- A. Enable spend authorization
- B. Create a Payment Process Profile
- C. Enable Payment Request Subtypes
- D. Rebuild the Budgetary Control Cube
- E. Rebuild the GL Balances Cube
Answer: A,C,D
NEW QUESTION # 55
You want to be notified of anomalies in certain account balances in real time. What is the most efficient way to do this?
- A. Use Account Inspector
- B. Perform an account analysis online
- C. Create an Account Group using Account Monitor
- D. Open a Smart View file saved on your desktop
Answer: C
NEW QUESTION # 56
Account combinations can be created and/or modified using the Import Account Combinations file-based data import (FBDI).
Which represents the appropriate upload steps?
- A. Submit the Import Account Combinations process, then insert rows into the GL_MULTI_COMBINATIONS_INT table using the FBDI template.
- B. Submit the Import Account Combinations process, then insert rows into the GL_BULK_COMBINATIONS_INT table using the FBDI template.
- C. Insert rows into the GL_BULK_COMBINATIONS_INT table using the FBDI template and then submit the Import Account Combinations process.
- D. Insert rows into the GL_MULTI_COMBINATIONS_INT table using the FBDI template and then submit the Import Account Combinations process.
Answer: C
NEW QUESTION # 57
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