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

Prepare and pass your Oracle Financials Cloud: General Ledger 2024 Implementation Professional - Delta with free 1D0-1054-24-D exam questions.

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Total 108 Questions | Updated On: Oct 09, 2024

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Question 1

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 : nds available will change when the invoice is approved

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

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

D : budget and funds available will increase by USD 100

Answer: B

Question 2

Management has added a requirement to segregate the duties of transferring journals to the General Ledger from the posting function. Which two new features allow this segregation? (Choose two.)

A : check the Enable Posting from the Manage Subledger Accounting Options task.

B : urnal entry spreadsheets are not impacted by this new function.

C : Must have separate user defined roles using the privilegeXLA_CREATE_GENERAL_LEDGER_AND_SUBLEDGER _JOURNALS.

D : r previously scheduled automated processes, it is recommended to cancel and rescheduled the process for the option to be effective.

Answer: A,D

Question 3

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 : able Payment Request Subtypes

B : build the GL Balances Cube

C : eate a Payment Process Profile

D : build the Budgetary Control Cube

E : able spend authorization

Answer: A,D

Question 4

Your company has a legal entity in the UK, US, and CanadA. They can all share the same chart of accounts

but are required to transact and report in their local currency.

What is the minimum number of ledgers you need and why?

A : e, because they can all share the same chart of accounts

B : ree, because each requires a different currency

C : o, because the US and Canada can share the same ledger because they are in North America

D : ur, because the UK has statutory requirements and you will need a separate ledger for statutory reporting

Answer: A

Question 5

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

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

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

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

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

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

Answer: C,D

Page: 1 / 22

Total 108 Questions | Updated On: Oct 09, 2024

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