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Oracle 1z0-1054-23 Exam Syllabus Topics:

SectionObjectives
General Ledger Setup- Enterprise Structure Configuration
  • 1. Chart of Accounts structure design
    • 2. Legal entities and ledgers setup
      - Accounting Configuration
      • 1. Accounting calendars and periods
        • 2. Ledger options configuration
          Journal Processing- Journal Import and Integration
          • 1. Spreadsheet upload and external sources
            - Journal Creation and Posting
            • 1. Manual and recurring journals
              • 2. Journal approval workflow
                Reporting and Analysis- Financial Reporting
                • 1. Smart View reporting
                  • 2. Financial statements generation
                    Subledger Accounting- Accounting Rules
                    • 1. Journal line rules and account derivation
                      - Subledger to GL Integration
                      • 1. Transfer to General Ledger
                        Period Close Process- Close Activities
                        • 1. Reconciliation and adjustments
                          • 2. Close monitoring and reporting

                            Oracle Financials Cloud: General Ledger 2023 Implementation Professional Sample Questions:

                            1. Which two statements are true about infotiles and infolets?

                            A) You can refresh infolets to see up-to-date data.
                            B) Infolets are accessed only from the News Feed home page layout.
                            C) Infotiles have Front view. Back view, and Expanded view.
                            D) Infotiles pull data from a Smart View analysis.
                            E) You can create your own user-defined infolets.


                            2. 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?

                            A) Adjustment only level
                            B) Subledger level
                            C) Journal Level
                            D) Balances Level
                            E) Spreadsheet level


                            3. The Cloud Client wants to add a global branding logo and more predefined transactional attributes to the journal approval email notification.
                            Which two Business Intelligence catalog objects should you copy (or customize) and edit? (Choose two.)

                            A) The Data Model
                            B) The layout-Template
                            C) Output type
                            D) The Data Source
                            E) The Sub_Template


                            4. What are two uses of the Column Flattening and Row Flattening features? (Choose two.)

                            A) View information for runtime performance.
                            B) Optimize parent/child relationships.
                            C) Create additional versions of a tree.
                            D) Verify correctness of trees.
                            E) Set the status of a tree to active.


                            5. You want your sales representatives to be able to find points of interest, such as customers, while out on business. What should you enable to achieve this?

                            A) Validation
                            B) HZ_GEO_IDENTIFIER_SUBTYPE Lookup
                            C) Address Cleansing
                            D) Geocoding


                            Solutions:

                            Question # 1
                            Answer: A,C
                            Question # 2
                            Answer: D
                            Question # 3
                            Answer: A,B
                            Question # 4
                            Answer: D,E
                            Question # 5
                            Answer: D

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