Free Oracle 1Z0-1054-25 Exam Questions

Become Oracle Certified with updated 1Z0-1054-25 exam questions and correct answers

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Total 170 Questions | Updated On: Jun 26, 2025

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Question 1

You are using budgetary control. You have an open purchase order for $500 USD, and an invoice for $300 is matched to the purchase order. What will be the funds status of the purchase order and the invoice?

A : Both are Partially Reserved

B : The purchase order is Liquidated and the invoice is Partially Reserved

C : The purchase order is Partially Liquidated and the invoice is Partially Reserved

D : The purchase order is Partially Liquidated and the invoice will be Reserved

E : Both are reserved

F : The purchase order is Open and the invoice is Validated

Answer: C

Question 2

During implementation, a consultant accidentally designated the cost center segment as the natural account.

Values have already been assigned and journals have been posted.

Select the process that allows you to change the qualifier back to cost center qualifier.

A : Create a new chart of accounts.

B : Delete the segment and create a new segment with the correct qualifier.

C : Change and save the segment qualifier.

D : Delete the chart of accounts and create a new one.

Answer: D

Question 3

You have three ledgers that use the same chart of accounts with one intercompany payable and one intercompany receivable account. The chart of accounts also has an intercompany segment. Each ledger has one legal entity assigned to it and each legal entity is associated with one balancing segment value. At what level should you define the default intercompany balancing rule?

A : Ledger-level rule

B : Legal entity-level rule

C : Primary balancing segment rule

D : Chart of accounts rule

Answer: D

Question 4

Your company has complex consolidation requirements with multiple general ledger instances. You are using Oracle Hyperion Financial Management to consolidate the disparate General Ledgers. You can typically map segments between your general ledger segment to a Hyperion Financial Management segment, such as Company to Entity, Department to Department, and Account to Account. What happens to segments in your source general ledger, such as Program, that cannot be mapped to Hyperion Financial Management?

A : Data is summarized across segments that are not mapped to Hyperion Financial Management.

B : The unmapped segments default to future use segments in Hyperion Financial Management

C : No data is transferred

D : Errors occur for unmapped segments. You must map multiple segments from source general ledgers to the target segment in Hyperion Financial Management

Answer: A

Question 5

In Financial Cloud, which three reporting tools can be used to access General Ledger balances? (Choose three.)

A : Application Composer

B : Oracle Enterprise Repository

C : Oracle Transactions Business Intelligence

D : Financial Reporting Studio

E : Smart View

Answer: C,D,E

Page: 1 / 34

Total 170 Questions | Updated On: Jun 26, 2025

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