Biography
1z0-1054-25 Training Online - 1z0-1054-25 Reliable Test Price
Our 1z0-1054-25 preparation materials will be the good helper for your qualification certification. We are concentrating on providing high-quality authorized 1z0-1054-25 study guide all over the world so that you can clear 1z0-1054-25 exam one time. Our 1z0-1054-25 reliable exam bootcamp materials contain three formats: PDF version, Soft test engine and APP test engine so that our 1z0-1054-25 Exam Questions are enough to satisfy different candidates' habits and cover nearly full questions & answers of the 1z0-1054-25 real test.
PrepAwayExam is a reliable study center providing you the valid and correct 1z0-1054-25 questions & answers for boosting up your success in the actual test. 1z0-1054-25 PDF file is the common version which many candidates often choose. If you are tired with the screen for study, you can print the 1z0-1054-25 Pdf Dumps into papers. With the pdf papers, you can write and make notes as you like, which is very convenient for memory. We can ensure you pass with 1z0-1054-25 study torrent at first time.
>> 1z0-1054-25 Training Online <<
Verified Oracle 1z0-1054-25 Online Practice Test Engine
For candidates who will buy 1z0-1054-25 exam braindumps online, the safety of the website is quite important. If you choose 1z0-1054-25 exam materials of us, we will ensure your safety. With professional technicians examining the website and exam dumps at times, the shopping environment is quite safe. In addition, we offer you instant download for 1z0-1054-25 Exam Braindumps, and we will send the download link and password to you within ten minutes after payment. And you can start your study immediately.
| Topic |
Details |
| Topic 1 |
- Processing Intercompany: This domain assesses the skills of Finance Integration Specialists in configuring and managing intercompany transactions. Candidates must understand balancing rules, clearing configurations, and transaction processing, as well as how to maintain intercompany reconciliations in multi-entity structures.
|
| Topic 2 |
- Implementing and Managing Journals: This section targets Oracle General Ledger Consultants and covers the full cycle of journal processing—from creation through approval to management. It includes configuration of journal-related objects and understanding how journals are sourced, tracked, and approved using predefined rules and workflows.
|
| Topic 3 |
- Performing Period Close: Designed for Oracle Financial Application Managers, this section evaluates expertise in executing and managing the period close lifecycle. Topics include reconciliations, revaluation, translation, and consolidation. Candidates are required to configure the Period Close Monitor and associated setups like revaluation, allocations, and chart mappings for financial consolidation.
|
Oracle Financials Cloud: General Ledger 2025 Implementation Professional Sample Questions (Q48-Q53):
NEW QUESTION # 48
Which three factors should you consider while specifying Intercompany System options?
- A. Automatic or manual batch numbering and the minimum transaction amount
- B. Whether to enforce an enterprise-wide currency or allow intercompany transactions in local currencies
- C. Automatic or manual batch numbering and the maximum transaction amount
- D. Whether to allow receivers to reject intercompany transactions
- E. Approvers who will approve intercompany transactions
Answer: A,B,D
Explanation:
Intercompany System options are used to set up intercompany processing rules at the enterprise level, based on your specific business needs. They help you standardize and simplify transaction processing, minimize disputes, and reduce administrative costs. The three factors that you should consider while specifying Intercompany System options are:
* Automatic or manual batch numbering and the minimum transaction amount: These options help you control the numbering and the size of intercompany transactions. You can choose to use system generated or manual batch numbering, and you can specify a minimum threshold amount for intercompany transactions to prevent immaterial transactions. To use the minimum transaction amount option, you must also select an Intercompany currency option.
* Whether to enforce an enterprise-wide currency or allow intercompany transactions in local currencies:
This option helps you manage the currency risk and the conversion rate fluctuations for intercompany transactions. You can choose to standardize transaction processing by selecting an Intercompany currency, which means that all intercompany transactions created in the Intercompany module are entered in this currency. Alternatively, you can choose to allow intercompany transactions in local currencies, which means that intercompany transactions can be entered in the ledger currency of the sender or the receiver.
* Whether to allow receivers to reject intercompany transactions: This option helps you handle the approval and dispute resolution process for intercompany transactions. You can choose to allow receivers to reject intercompany transactions if they disagree with the sender's information, such as the amount, the account, or the date. If you enable this option, you must also specify the rejection reason and the notification details for the sender.
:
Intercompany System Options
Implementing Enterprise Structures and General Ledger
Implement General Ledger
NEW QUESTION # 49
When constructing a new chart of accounts instances, it has been decided to control the list of values within certain segments, with the use of related value sets.
When defining new related value sets, which three configuration steps should be considered?
- A. Order of the segments determines filtering sequence
- B. Use independent validation type value sets only
- C. Order of the segments does not determine filtering sequence.
- D. Link two value sets together
- E. Link multiple value sets together
- F. Use table validated type value sets only
Answer: A,B,D
NEW QUESTION # 50
You have a requirement to have invoices generated for certain Intercompany transactions.
Where do you enable invoicing?
- A. the transaction batch
- B. the transaction source
- C. the transaction type
- D. the transaction category
Answer: C
Explanation:
According to Oracle documentation2, you enable invoicing for certain Intercompany transactions on the transaction type. The transaction type defines the characteristics of an intercompany transaction, such as whether it requires approval, whether it generates invoices, and what accounting rules apply. You can enable invoicing for a transaction type by selecting the Invoicing Options tab and choosing the invoice method, invoice source, invoice batch source, and invoice rule. Therefore, option D is correct. Option A is incorrect because you do not enable invoicing on the transaction batch. Option B is incorrect because you do not enable invoicing on the transaction category. Option C is incorrect because you do not enable invoicing on the transaction source.
NEW QUESTION # 51
Your organization would like to use the journal sequencing functionality in General Ledger. You want to include all journal sources but would like a different sequence assigned to journals originating in the Joint Venture application.
What should you create to achieve this?
- A. A Condition Filter
- B. An Exclusion
- C. An Exception
- D. A Validation Filter
Answer: A
NEW QUESTION # 52
Your ledger currency is USD. At month end, you have a balance on the Accounts Payable Liability Account of 100,000 Euros, which is equivalent to 136,550 USD. This balance needs to be revalued. The month-end exchange rate for revaluation is 1 Euro = 1.3755 USD.
What two statements are true about the resulting revaluation run?
- A. You have an unrealized exchange loss recorded.
- B. You have an unrealized exchange gain recorded.
- C. The original journal entry in Euros remains the same.
- D. There is no unrealized exchange gain or loss calculated.
- E. The original journal entry in Euros is updated.
Answer: A,C
Explanation:
The revaluation process is used to adjust account balances denominated in a foreign currency. Revaluation adjustments represent the difference in account balances due to changes in conversion rates between the date of the original journal and the revaluation date. These adjustments are posted through journal entries to the underlying account with the offset posted to an unrealized gain or loss account. The two statements that are true about the resulting revaluation run are:
* You have an unrealized exchange loss recorded: Since the ledger currency (USD) has depreciated against the foreign currency (Euro) from the date of the original journal to the revaluation date, the account balance in USD has increased. This means that you have a loss on the
NEW QUESTION # 53
......
The job with high pay requires they boost excellent working abilities and profound major knowledge. Passing the 1z0-1054-25 exam can help you find the job you dream about, and we will provide the best 1z0-1054-25 question torrent to the client. We are aimed that candidates can pass the exam easily. The study materials what we provide is to boost pass rate and hit rate, you only need little time to prepare and review, and then you can pass the 1z0-1054-25 Exam. It costs you little time and energy, and you can download the software freely and try out the product before you buy it.
1z0-1054-25 Reliable Test Price: https://www.prepawayexam.com/Oracle/braindumps.1z0-1054-25.ete.file.html
