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: Mar 05, 2026

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Question 1

What are the tables or views from which the Create Accounting program takes source data that is used in rules to create journal entries?

A : Mapping Sets

B : Accounting Attributes

C : Transaction Objects

D : Event Entities

Answer: C

Question 2

Your enterprise structure has one ledger and two business units. Business unit one wants to enable budgetary control for Requisitioning only on Procure-to-Pay Business Functions and business unit two wants to enable budgetary control for Payable Invoicing only in Procure-to-Pay Business Functions. Which two statements are correct? (Choose two.)

A : While defining control for business unit two, enable control at Requisitioning and define the exceptions to only include invoicing

B : While defining control for business unit one, enable control at purchasing and define the exceptions to only include requisitioning

C : Define budgetary control at ledger level with Budgetary Control Exceptions for each business unit

D : While defining control for business unit one, disable control for Purchasing, Payable Invoicing, and Receiving

E : Define budgetary control at ledger level and only encumbrance control at the business units

F : Define control for business unit two to disable control for Requisitioning, Purchasing, and Receiving

Answer: A,D

Question 3

Which delivered role can access the full functionality of Functional Setup Manager?

A : Application Implementation Manager

B : Functional Setup Manager Superuser

C : IT Security Manager

D : Any functional user

E : Application Implementation Consultant

Answer: A

Question 4

You are implementing a multipillar implementation of both HCM Cloud and ERP Cloud. You are implementing ERP first followed by HCM Cloud. You want to ensure your ledgers and chart of accounts are correctly defined. What should you do? (Choose three)

A : Deploy your chart of accounts

B : Use HCM’s Enterprise Structure Configurator (ESC) first

C : Create your chart of accounts in the following order: value sets, COA structure, and instance before assigning values to the value sets

D : Use file-based spreadsheet loaders using UCM to mass load and maintain chart of accounts segment values and hierarchies

E : Use the Rapid Implementation spreadsheet when creating your enterprise structure

Answer: A,B

Question 5

Your customer has a large number of legal entities. The legal entity values are defined in the company segment which represents the primary balancing segment. They want to easily create eliminating entries for their intercompany activity. What would you recommend?

A : Define an intercompany segment in the chart of accounts. The Intercompany module and the Intercompany balancing feature in general ledger and subledger accounting will automatically populate the intercompany segment which the balancing segment value of the legal entity with which you are trading

B : There is no need to define an intercompany segment, the Intercompany module keeps track of the trading partners for you based on the intercompany rules to define

C : Define an intercompany segment and qualify it as the second balancing segment to make sure all entries are balanced for the primary balancing segment and intercompany segment

D : There is no need to define an intercompany segment. You can track the intercompany trading partner using distinct intercompany receivable/payable natural accounts to identify the trading partner

Answer: A

Page: 1 / 41

Total 204 Questions | Updated On: Mar 05, 2026

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