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

You need to define multiple allocation rules as efficiency as possible.

Which three components can be reused across allocation rules? (Choose three.)

A : Point of View (POV)

B : Formulas

C : Run Time Prompts (RTP)

D : RuleSets

Answer: B,C,D

Question 2

You just submitted the Accounting Configuration. What two things must happen before you can enter journals? (Choose two.)

A : You must re-deploy the chart of accounts

B : A Data Access Set with full read/write access to the ledger is automatically created

C : You must define a Data Access Set to obtain full read/write access to ledgers in the Accounting Configuration

D : You must assign the job role and data security context to each user

Answer: B,D

Question 3

Most of the accounting entries for transactions form your source system use TRANSACTION_AMOUNT as a source of the entered amount accounting attribute. For some events, you need to use TAX_AMOUNT as the source. At what level can you override the default accounting attribute assignment?

A : Journal Entry Rule Set

B : Event Type

C : Journal Line Rule

D : Journal Entry

E : Event Class

Answer: C

Question 4

Which reporting tool is best suited for submitting high-volume transactional reports, such as Invoice Registers or Trial Balance reports, that can be configured to extract the data in Rich Text Format or xml?

A : Oracle Transactional Business Intelligence (OTBI)

B : Business Intelligence Publisher (BI Publisher)

C : Financial Reporting Center

D : Smart View

E : Oracle Data Visualization Cloud Service

Answer: B

Question 5

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

B : Three, because each requires a different currency

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

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

Answer: A

Page: 1 / 22

Total 108 Questions | Updated On: Jun 23, 2025

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