Free Oracle 1D0-1054-24-D Exam Questions

Become Oracle Certified with updated 1D0-1054-24-D exam questions and correct answers

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Total 108 Questions | Updated On: Jun 23, 2025

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Question 1

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 Payment Request Subtypes

B : Rebuild the GL Balances Cube

C : Create a Payment Process Profile

D : Rebuild the Budgetary Control Cube

E : Enable spend authorization

Answer: A,D

Question 2

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?

A : Funds available will change when the invoice is approved

B : The funds reserved for the purchase order is reinstated while the invoice expenditure is reserved by USD 100

C : The budget will increase by USD 100 and the funds available will decrease by USD 100

D : The budget and funds available will increase by USD 100

Answer: B

Question 3

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

A : Two tree versions were not defined

B : An Audit process needs to be successfully performed before a tree version can be set to Active

C : Accounting Configuration was not submitted

D : Chart of accounts was not deployed

Answer: B

Question 4

Your customer uses Financials Cloud, Projects, Inventory, and SCM.

Which two statements are true regarding intercompany accounting for these products? (Choose two.)

A : Intercompany balancing rules in General Ledger need to be mapped with the intercompany configuration in each product

B : Intercompany Balancing Rules are defined centrally and applied across Financials and Projects

C : Each product has its own Intercompany Accounting feature that needs to be configured separately

D : In Financials Cloud, Intercompany Balancing Rules are used to balance both cross-ledger allocation journals and single-ledger journals

Answer: C,D

Question 5

The Create Accounting program could not determine the debit side of the journal entry.

Which component of Subledger Accounting determines the debit or credit side of a journal entry?

A : Journal Balances Rule

B : Journal Entry Rule Set

C : Journal Line Rule

D : Journal Accounting Rule

E : Account Rule

Answer: B

Page: 1 / 22

Total 108 Questions | Updated On: Jun 23, 2025

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