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 204 Questions | Updated On: Aug 11, 2025

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Question 1

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 2

You want your sales representatives to be able to find points of interest, such as customers, while out on business. What should you enable to achieve this?

A : HZ_GEO_IDENTIFIER_SUBTYPE Lookup

B : Geocoding

C : Validation

D : Address Cleansing

Answer: B

Question 3

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 4

Which three factors should you consider while specifying Intercompany System options?

A : Approvers who will approve intercompany transactions

B : Automatic or manual batch numbering and the minimum transaction amount

C : Whether to allow receivers to reject intercompany transactions

D : Whether to enforce an enterprise-wide currency or allow intercompany transactions in local currencies

E : Automatic or manual batch numbering and the maximum transaction amount

Answer: B,C,D

Question 5

What are The two advantages of having an intercompany segment in the Chart of Accounts?

A : Identifies partners in each intercompany line through balancing, by populating the intercompany segment with the trading partner.

B : Assists reconciliation through balancing, by populating the intercompany payable and intercompany receivable accounts.

C : Assists reconciling intercompany transactions and helps identify elimination entries.

D : Enables balancing of many to-many primary balancing segment value journals and many to many legalentity journals

Answer: A,C

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Total 204 Questions | Updated On: Aug 11, 2025

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