Oracle 1Z0-1054-21

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Oracle 1Z0-1054-21 Exam Syllabus Topics:

Oracle Financials Cloud: General Ledger 2021 Implementation Essentials Sample Questions:

Question #1
Which two methods can your General Ledger accountants use to more easily view large amounts of data contained in the tables in their work areas? (Choose two.)

A. Use the Freeze on the tables to scroll through large amounts of data
B. Export the table to Excel
C. Detach the table to resize it to the maximum size of the monitor.
D. Run a Business Intelligence Publisher report with Excel as the output format

Question #2
You want to enter budget date in General Ledger Cloud, which method is not supported?

A. File-based Data import
B. Entering Budget Journal
C. Direct budet balance updaes from a Financial Stement in smart view
D. Application Development framework Desktop Integration (ADFdi)

Question #3
In which two ways can your users customize the Springboards and Work Areas to suit their individual working styles? (Choose two.)

A. They can format each table by hiding and showing columns, moving columns, and resizing columns
B. They can use Personalization to move and remove regions from those pages
C. They can have the System Administration customize pages for them using Page Composer
D. Users have very little control their Springboards and Work Areas; they can only resize columns

Question #4
What are the two benefits of having the Essbase cube embedded in General Ledger Cloud? (Choose Two)

A. You No longer need to create and maintain hierarchies because the Essbase cubes are created when you create your chart of Accounts.
B. You can access real-time results for reporting and analysis because every time a transaction is posted in General Ledger, multidimensional balances are also updated simultaneously.
C. Integrating with third-party systems is easier because the Essbase cube provides chart of Accounts mapping rules.
D. General Ledger balances are multidimensional, allowing you to perform robust reporting and analysis.

Question #5
What are the Two purposes of a secondary ledger?

A. it is used to main balances in a different currency only
B. it should only be used to maintain balances for processing performance.
C. it can differ from its primary ledger by the accounting method, chart of accounts, accounting calendar, currency and/or journal processing options
D. it is an optional ledger that is linked to a primary ledger for the purpose of tracking alternative accounting.
E. it should not be used when trying to meet local accounting requirements.

Solutions: