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1z0-1054-25 Oracle Financials Cloud: General Ledger 2025 Implementation Professional Questions and Answers

Questions 4

You are using the Create Budgets in a Spreadsheet option to load your budget balances into the General Ledger balances cube. Your FYXX Budget is not appearing in the Budget Name list of values.

What are two reasons for this?

Options:

A.

A value for the budget scenario is not created.

B.

Transfer Budget Balances to Budget Cubes has not been run.

C.

Publish Chart of Accounts Dimension Members and Hierarchies to the Balances Cube has not been run.

D.

Budgeting is not enabled in the Ledger options.

E.

The Create Scenario Dimension Members program has not been run.

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Questions 5

You want to automatically post journal batches imported from 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?

Options:

A.

Schedule your AutoPost Criteria set to run during off-peak hours only.

B.

Use the All option for category and accounting period to reduce maintenance and ensure that all imported journals are included in the posting process.

C.

Create your AutoPost criteria using minimal sources and categories.

D.

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.

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Questions 6

What are two uses of theColumn FlatteningandRow Flatteningfeatures?

Options:

A.

Verify correctness of trees.

B.

View information for runtime performance.

C.

Create additional versions of a tree.

D.

Set the status of a tree to active.

E.

Optimize parent/child relationships.

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Questions 7

Which two statements areTRUEregarding theBalances CubesinGeneral Ledger?

Options:

A.

They are updated automatically when the General Ledger period is opened.

B.

They are updated automatically when the Revaluation process is run.

C.

New dimensions can be added to a General Ledger Balances Cube.

D.

A new Balances Cube is created for a unique combination of Ledger and Currency.

E.

They are updated automatically when the Translation process is run.

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Questions 8

TheDelete Translated Balancesprocess provides the ability to completely reset translations in the event thatsignificant changesare made to the accounting configuration.

Once the deletion process completes, what additional process must you run?

Options:

A.

Submit the Create Scenario Dimension Members process to ensure that the balances cube maintains translated balances that are consistent with future translations.

B.

Submit the Update General Ledger Balances Cube process to ensure that the balances cube maintains translated balances that are consistent with future translations.

C.

Submit the Create General Ledger Balances Cube process to ensure that the balances cube maintains translated balances that are consistent with future translations.

D.

Submit the Create Currency Dimension Members process to ensure that the balances cube maintains translated balances that are consistent with future translations.

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Questions 9

You need to integrateFusion Accounting Hubwithexternal source systemsused forBilling. Identify the step that isnot correctwhen implementing this integration.

Options:

A.

Determine the accounting impact of transactions.

B.

Capture accounting events.

C.

Create the accounting in the source system and then import the journal entries into subledger accounting.

D.

Analyze external system transactions.

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Questions 10

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

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

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Questions 11

You have enabled budgetary control and have a control budget set toAdvisorycontrol level. For September 2016, your budget for a given account combination is$5,000 USD.

In the same month, there is anapproved requisitionfor that account of$900and anapproved purchase orderfor that account of$2,500 USD. There is also aGeneral Ledger adjustment journal entryfor that account of$1,600 USD. Anapproved purchase order line of $400 USDis thencanceled.

Aninvoice is matchedto the purchase order for$2,100 USD.

Which two statements are true? (Choose two.)

Options:

A.

As there are cancellations for $400 USD, the system will partially reserve the funds in September 2016 and fully reserve it in October 2016.

B.

The system always consumes the budget of future periods if the limit for the current period is expired, so October 2016 budget will be considered for reservation.

C.

Funds reservation only happens for non-matched invoices, so the system will not reserve funds.

D.

Purchase order encumbrance will be released for $2,100 USD.

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Questions 12

Your customer isexpanding its operations. You defined a newledgerand severalbusiness units. However, you areunable to assignthe newly generateddata rolesto existingAccounts Payables and Accounts Receivablesusers in the shared service center.

What should you do to correct the problem?

Options:

A.

Open the Oracle Identity Management (OIM) and make sure the data roles were created.

B.

Make sure you run the Retrieve Latest LDAP Changes program to regenerate the data roles.

C.

Open Access Policy Manager (APM) and assign the roles manually.

D.

Open the Manage Users page and make sure the employees at

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Questions 13

When constructing a new chart of accounts instances, it has been decided to control the list of values within certain segments, with the use of related value sets.

When defining new related value sets, which three configuration steps should be considered?

Options:

A.

Link two value sets together

B.

Use independent validation type value sets only

C.

Order of the segments determines filtering sequence

D.

Use table validated type value sets only

E.

Link multiple value sets together

F.

Order of the segments does not determine filtering sequence.

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Questions 14

Task 3

Manage Chart of Accounts Mappings

Scenario

Your client needs to consolidate their UK Ledger to the Canadian parent ledger. Each Chart of Accounts

has the following segments:

Company-LoB-Account-Cost Center-Product-Intercompany

Know that the Company, LoB, Product, and Intercompany segments share the same value sets.

Create a Chart of Accounts mappings to map UK Chart of Accounts to CA Chart of Accounts that meets the following specifications:

Cost Center Mapping

. Balance Sheet (0 and 000) should be mapped to

Balance Sheet

. All other cost centers should be mapped to 610

Account Mapping

. Asset accounts (in the 1000 range) should be

mapped to account 11101

. Liability accounts (in the 2000 range) should be

mapped to account 22100

. Equity accounts (in the 3000 range) should be

mapped to account 34000

. Revenue accounts (in the 4000 range) should be

mapped to account 42000

. Expense accounts (from 5000 onwards) should be

mapped to account 51100

Note:

· Do not use conditions based on parents.

. Treat any account after the 5000 range as an expense.

· Ensure all maps are numeric only.

· When creating your mapping rules for each segment

please allow for existing and future segment values

Options:

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Questions 15

Manage Chart of Accounts Structure and Instance

Scenario

Your client is implementing Oracle Fusion Cloud Financials. The decision is to have a 5-segment Chart of Accounts: Company, Cost Center, Account, Product, and Intercompany. You are working in

the General Ledger team and will be responsible for creating the Chart of Accounts Structure and Instance for the Chart of Accounts.

Task 1

Create a Chart of Accounts Structure and Instance for the following Chart of Accounts:

1z0-1054-25 Question 15

Note:

· Prefix all your setups with 07, where 07 is your candidate ID

· There is one balancing segment.

· Choose the appropriate segment labels.

. For the purpose of this test there is no need to deploy the flexfield.

. Valid code combinations should be added to the Code Combination table automatically.

· Shorthand aliases will not be implemented.

. Accept the defaults for the instance segments.

Options:

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Questions 16

Challenge 2

Manage Shorthand Aliases

Scenario

Your client intends to utilize the Shorthand Alias feature and would like to see how the aliases will appear when entering transactions.

Task 2

Create a shorthand alias for the US Chart of Accounts to record Revenue Domestic for Supremo Fitness, Line of Business 2, and US Operations Cost Center.

1z0-1054-25 Question 16

Note:

. Prefix your alias name with 07, where 07 is

your exam ID.

. There is no Product or Intercompany

impact.

Options:

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Exam Code: 1z0-1054-25
Exam Name: Oracle Financials Cloud: General Ledger 2025 Implementation Professional
Last Update: Jul 8, 2025
Questions: 103

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