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Oracle 1Z0-1054-21 Exam Syllabus Topics:

Oracle Financials Cloud: General Ledger 2021 Implementation Essentials Sample Questions:

1. You need to create a month-end reporting package for an upcoming Audit Committee meeting, you have10 financial reports that you want to share with executives and auditors that are nicely formatted.
Identify the two Oracle recommended ways to accomplish this. (Choose two.)

A) Using Workspace, assemble multiple reports into a book that can be printed and viewed individually as an entire book
B) Use OTBI to create multiple reports that you save to a folder that only the users can access
C) Use BI Publisher to configure the reports and then use bursting to email the reports to the executives and Audit Committee
D) Use a report batch to run reports at a specific time to create a set of snapshot reports
E) Create a Smart view report, where the various sheets represent the different Financial Statements and send them the spreadsheet

2. Which two methods can your General Ledger accountants use to more easily view large amounts of data contained in the tables in their work areas? (Choose two.)

A) Use the Freeze on the tables to scroll through large amounts of data
B) Export the table to Excel
C) Detach the table to resize it to the maximum size of the monitor.
D) Run a Business Intelligence Publisher report with Excel as the output format

3. Which two statements are true regarding infotiles and infolets?

A) You can refresh infolets to see up-to-date data.
B) Infotiles pull data from Oracle Transactional Business Intelligence Analyses.
C) Infotiles have Front view, Back view, and Expanded view.
D) You can create your own user defined Infolets.
E) Infolets are accessed only from the Newsfeed homepage layout.

4. You want to automatically port journal batches imported form subledger sources to prevent accidental edits or deletions of the subledger sources journals, which could cause an out-of-balance situation between your subledgers and general ledger. Which two aspects should you consider when defining your AutoPost Criteria? (Choose two.)

A) Include all of your subledger sources in the AutoPost Criteria. Divide up criteria sets by subledger source only if you need to schedule different posting times
B) Create your AutoPost criteria using minimal sources and categories
C) Schedule your AutoPost Criteria set to run during off-peak hours only
D) Use the All option for category and accounting period to reduce maintenance and ensure that all imported journals are included in the posting process

5. Your client has been using Budgetary Control for six months. Now, they want to use the: spend Authorization After opting in the new feature Spend Authorization with Budgetary Control, what additional field actions need to be accomplished to activate this feature? .

A) Enable spend authorization
B) Rebuild the GL Balances Cube
C) Create a Payment Process Profile
D) Enable Payment Request Subtypes
E) Rebuild the Budgetary Control Cube.

Solutions: