Free Oracle 1Z0-1054-24 Exam Questions

Become Oracle Certified with updated 1Z0-1054-24 exam questions and correct answers

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Total 170 Questions | Updated On: Jun 25, 2025

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Question 1

Users with the General Accountant job role have reported that they are unable to access the UK Ledger. They require read/write access to the full ledger. The accounting configuration completed successfully. What should you do to allow access to the ledger?

A : Assign the UK reference set to the user/role combination.

B : Assign the security context value of UK Ledger to the user/role combination.

C : Create a data access set that allows access to the UK Ledger.

D : Assign the General Accounting Manager role to those users.

Answer: C

Question 2

Account combinations can be created and/or modified using the Import Account Combinations file-based data

import (FBDI).

Which represents the appropriate upload steps?

A : Submit the Import Account Combinations process, then insert rows into the GL_MULTI_COMBINATIONS_INT table using the FBDI template.

B : Insert rows into the GL_BULK_COMBINATIONS_INT table using the FBDI template and then submit the Import Account Combinations process

C : Insert rows into the GL_MULTI_COMBINATIONS_INT table using the FBDI template and then submit the Import Account Combinations process.

D : Submit the Import Account Combinations process, then insert rows into the GL_BULK_COMBINATIONS_INT table using the FBDI template.

Answer: B

Question 3

Your new accountants have been making mistakes in reconciling accounts assigned to them. Your account balances have either spiked or dropped 30-40% every period due to human error. This causes delays in reconciliation. What feature can you use to be proactively notified of account anomalies in a more timely manner?

A : Account Monitor

B : Financial Reports with Embedded charts

C : Smart View

D : Account Inspector and its charts

Answer: A

Question 4

Which two allow access to the BI Catalog for creating an Oracle Transactional Business Intelligence analysis? (Choose two.)

A : Universal Content Management Workspace

B : Reports and Analytics

C : Business Process Management Workspace

D : Enterprise Performance Management Workspace

E : Scheduled Processes

Answer: B,D

Question 5

The current implementation project covers Financials (with Fixed Assets and Expenses) with operations planned in three countries (USA, Italy, and India). Which three labels are required when designing the chart of account structure for this project? (Choose three.)

A : Primary Balancing

B : Intercompany Segment

C : Secondary Balancing

D : Cost center

E : Natural Account

Answer: A,D,E

Page: 1 / 34

Total 170 Questions | Updated On: Jun 25, 2025

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