Achieve The Utmost Performance In 1z0-1054-25 Exam Pass Guaranteed [Q13-Q36]

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Achive your Success with Latest Oracle 1z0-1054-25 Exam

NEW QUESTION # 13
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. Geocoding
B. Validation
C. HZ_GEO_IDENTIFIER_SUBTYPE Lookup
D. Address Cleansing

Answer: A

Explanation:
According to Oracle documentation1, you should enable geocoding to achieve the requirement of finding points of interest, such as customers, while out on business. Geocoding is the process of assigning geographic coordinates to a physical address. Geocoding enables you to use maps and location-based services to find and visualize points of interest. Therefore, option B is correct. Option A is incorrect because HZ_GEO_IDENTIFIER_SUBTYPE Lookup is not a feature that enables finding points of interest. Option C is incorrect because validation is not a feature that enables finding points of interest. Option D is incorrect because address cleansing is not a feature that enables finding points of interest.

NEW QUESTION # 14
Which three Oracle Transactional Business Intelligence (OTBI) objects can be created by using the tools in the Oracle Business Intelligence (BI) catalog?

A. Analyses
B. Infotiles
C. Infolets
D. Reports
E. Dashboards

Answer: A,D,E

NEW QUESTION # 15
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

Answer:

Explanation:
See the Explanation for the complete Solution.
Explanation:
Here are the steps you need to follow:
* In the Setup and Maintenance work area, go to the following:
* Offering: Financials
* Functional Area: Financial Reporting Structures
* Task: Manage Chart of Accounts Mapping
* Select the source chart of accounts (UK) and the target chart of accounts (CA) that you want to map.
* Click on the Segment Rules tab to define the segment mapping rules. Enter the following information for each segment:
* Segment Number: 1
* Segment Name: Company
* Mapping Type: Value
* Source Value: *
* Target Value: *
* Segment Number: 2
* Segment Name: LoB
* Mapping Type: Value
* Source Value: *
* Target Value: *
* Segment Number: 3
* Segment Name: Account
* Mapping Type: Range
* Source From Value: 1000
* Source To Value: 1999
* Target Value: 11101
* Mapping Type: Range
* Source From Value: 2000
* Source To Value: 2999
* Target Value: 22100
* Mapping Type: Range
* Source From Value: 3000
* Source To Value: 3999
* Target Value: 34000
* Mapping Type: Range
* Source From Value: 4000
* Source To Value: 4999
* Target Value: 42000
* Mapping Type: Range
* Source From Value: 5000
* Source To Value: 99999999
* Target Value: 51100
* Segment Number: 4
* Segment Name: Cost Center
* Mapping Type: Value
* Source Value: 0
* Target Value: Balance Sheet
* Mapping Type: Value
* Source Value: 000
* Target Value: Balance Sheet
* Mapping Type: Value
* Source Value: *
* Target Value: 610
* Segment Number: 5
* Segment Name: Product
* Mapping Type: Value
* Source Value: *
* Target Value: *
* Segment Number: 6
* Segment Name: Intercompany
* Mapping Type: Value
* Source Value: *
* Target Value: *
* Click on the Save and Close button to save the segment mapping rules.
You have successfully created a Chart of Accounts mapping for the given scenario. For more information, you can refer to the following resources:
* Overview of the Chart of Accounts Mapping Page
* Chart of Accounts Structures and Instances
* How To Create A Chart Of Accounts Mapping For A Secondary Ledger
* How To Bulk Upload The Mapping Rules In "Manage Chart of Accounts Mapping"
* Centralized Management of Chart of Accounts Configurations

NEW QUESTION # 16
Your company wants to change theCumulative Translation Adjustment (CTA) accountto record gains/losses from varying currency rates.
What steps must you perform to achieve this objective without causing data corruption?

A. Query the Translation journals and delete all of them, then change the CTA account in the Ledger page, and rerun Translation for all periods required.
B. Purge all translated balances, change the CTA account in the Ledger page, and rerun Translation for all periods required.
C. Open the Ledgers page and update the CTA account and then rerun Translation for all periods required.The system will automatically update the translated balances.
D. Define a new ledger and accounting configuration. The CTA account cannot be updated after the ledger has been in use.

Answer: B

NEW QUESTION # 17
You are planning to create an Income Statement using Smart View.
Which Smart View tool should you use for this?

A. Smart Queries
B. Query Designer
C. Smart Slices
D. Ad Hoc Analysis

Answer: D

Explanation:
To create an Income Statement using Smart View, you should use Ad Hoc Analysis.
Ad Hoc Analysis is a Smart View tool that allows users to view and analyze financial data from General Ledger Cloud using Essbase cubes.
Users can create reports such as Income Statements or Balance Sheets by selecting dimensions and members from Essbase cubes and retrieving data into Excel worksheets.
Users can also perform actions such as drilling down, pivoting, zooming in or out, or expanding or collapsing members

NEW QUESTION # 18
You have been tasked with creating user-defined infolets to monitor key financial metrics. However, you cannot see the option to create infolets in the Infolet repository. What are the two requirements to be able to see the Create option?

A. You must activate Page Composer.
B. You must define your OTBl analyses.
C. You must create a dashboard.
D. You must publish a sandbox.
E. You must be in a sandbox.

Answer: A,E

NEW QUESTION # 19
You are setting up Close Monitor for your organization. What is the key consideration when selecting the ledgers or ledger sets that form part of the Close Monitor hierarchy?

A. The members of the Close Monitor hierarchy must all share the same accounting convention.
B. The members of the Close Monitor hierarchy must share a common Chart of Accounts and calendar.
C. The members of the Close Monitor hierarchy must all be primary ledgers or secondary ledgers.

Answer: B

NEW QUESTION # 20
Your userforgot the password. How do you resolve this?

A. Log in to the user's machine as an Administrator and change the password from the login password.
B. Use Oracle Identity Management (OIM) to reset the user's password.
C. Use the Manage Users page to update the user's information and change the password.
D. Use Access Policy Manager (APM) to reset the user's password.
E. Create a new user ID and password for the user.

Answer: B

NEW QUESTION # 21
You need to have invoices generated for certain intercompany transactions.
Where do you enable invoicing?

A. Manage Intercompany Transaction Types
B. Manage Intercompany System Options
C. Manage Intercompany Organizations
D. Manage Intercompany Receivables Assignment

Answer: A

NEW QUESTION # 22
You need to add new transactional attributes to the journal approval notification in an implementation project.
Which two Business Intelligence catalog objects should you copy (or customize) and edit?

A. Data model
B. Output type
C. Sub template
D. Style template
E. Layout template

Answer: A,E

Explanation:
To modify the journal approval notification, you need to copy (or customize) and edit the layout template and the data model of the Analytics Publisher report. The layout template defines the appearance and content of the notification, such as the text, fields, tables, and images. The data model defines the data sources and queries that provide the data for the notification, such as the journal attributes, amounts, and statuses. You can use Template Builder for Word to edit the layout template and Analytics Publisher to edit the data model. You also need to download the Workflow Notification Subtemplate, which is a common subtemplate that contains the header and footer of the notification. You can preview the modified notification using the subtemplate and the data model. References:
* Modify Journal Approval Notifications with Analytics Publisher
* [Creating Analytics and Reports for Financials Cloud]

NEW QUESTION # 23
In which two ways can your users personalize the Springboards and Work Areas to suit their individual working styles? (Choose two.)

A. Users have very little control configuring their Springboards and Work Areas; they can only resize columns
B. They can format certain tables by hiding and showing columns, moving columns, and resizing columns
C. They can use "+" under the Apps section of the News Feed homepage
D. They can have the System Administrator configuring pages for them using Page Composer

Answer: B,C

Explanation:
According to Oracle documentation2, your users can personalize the Springboards and Work Areas to suit their individual working styles in these two ways: They can format certain tables by hiding and showing columns, moving columns, and resizing columns, and they can use "+" under the Apps section of the News Feed homepage. Springboards and Work Areas are user interface components that enable users to access tasks and information relevant to their roles. Users can customize these components by adding or removing tiles, changing layouts, filtering data, and formatting tables. Therefore, options A and D are correct. Option B is incorrect because users have more control over configuring their Springboards and Work Areas than just resizing columns. Option C is incorrect because users do not need to have the System Administrator configuring pages for them using Page Composer.

NEW QUESTION # 24
Which three factors should you consider while specifying Intercompany System options?

A. Whether to enforce an enterprise-wide currency or allow intercompany transactions in local currencies
B. Whether to allow receivers to reject intercompany transactions
C. Automatic or manual batch numbering and the maximum transaction amount
D. Approvers who will approve intercompany transactions
E. Automatic or manual batch numbering and the minimum transaction amount

Answer: A,B,E

Explanation:
Intercompany System options are used to set up intercompany processing rules at the enterprise level, based on your specific business needs. They help you standardize and simplify transaction processing, minimize disputes, and reduce administrative costs. The three factors that you should consider while specifying Intercompany System options are:
* Automatic or manual batch numbering and the minimum transaction amount: These options help you control the numbering and the size of intercompany transactions. You can choose to use system generated or manual batch numbering, and you can specify a minimum threshold amount for intercompany transactions to prevent immaterial transactions. To use the minimum transaction amount option, you must also select an Intercompany currency option.
* Whether to enforce an enterprise-wide currency or allow intercompany transactions in local currencies:
This option helps you manage the currency risk and the conversion rate fluctuations for intercompany transactions. You can choose to standardize transaction processing by selecting an Intercompany currency, which means that all intercompany transactions created in the Intercompany module are entered in this currency. Alternatively, you can choose to allow intercompany transactions in local currencies, which means that intercompany transactions can be entered in the ledger currency of the sender or the receiver.
* Whether to allow receivers to reject intercompany transactions: This option helps you handle the approval and dispute resolution process for intercompany transactions. You can choose to allow receivers to reject intercompany transactions if they disagree with the sender's information, such as the amount, the account, or the date. If you enable this option, you must also specify the rejection reason and the notification details for the sender.
Intercompany System Options
Implementing Enterprise Structures and General Ledger
Implement General Ledger

NEW QUESTION # 25
Your company wants to change theCumulative Translation Adjustment (CTA) accountto record gains/losses from varying currency rates.
What steps must you perform to achieve this objective without causing data corruption?

A. Query the Translation journals and delete all of them, then change the CTA account in the Ledger page, and rerun Translation for all periods required.
B. Purge all translated balances, change the CTA account in the Ledger page, and rerun Translation for all periods required.
C. Open the Ledgers page and update the CTA account and then rerun Translation for all periods required.The system will automatically update the translated balances.
D. Define a new ledger and accounting configuration. The CTA account cannot be updated after the ledger has been in use.

Answer: B

NEW QUESTION # 26
You are using account hierarchies for reporting and allocations.
Which two statements are true about these types of hierarchies? (Choose two.)

A. You can have only one version of a hierarchy published to the Essbase cube at any time.
B. Child values in these hierarchies can belong to only one parent.
C. Hierarchies for reporting and allocations have to be published to Essbase cubes.
D. Hierarchies for reporting and allocations do not have to be published to Essbase cubes.

Answer: A,B

Explanation:
According to the Oracle documentation34, account hierarchies are defined in Oracle Fusion applications using tree functionality. Each account hierarchy is defined as a tree with one or more versions. You can have only one version of a hierarchy published to the Essbase cube at any time (option A). Child values in these hierarchies can belong to only one parent (option D). Option B is incorrect becausehierarchies for reporting and allocations must be published to Essbase cubes5. Option C is incorrect because it contradicts option B.

NEW QUESTION # 27
You have created several account groups with the Display in option as Expenses.
Which setting determines the account group that will be displayed in the General Accounting infolets on your home page?

A. Access is Shared
B. Access is Public
C. Set in Expenses
D. Set as Default

Answer: D

NEW QUESTION # 28
Your company wants to change theCumulative Translation Adjustment (CTA) accountto record gains
/losses from varying currency rates.
What steps must you perform to achieve this objective without causing data corruption?

A. Query the Translation journals and delete all of them, then change the CTA account in the Ledger page, and rerun Translation for all periods required.
B. Purge all translated balances, change the CTA account in the Ledger page, and rerun Translation for all periods required.
C. Open the Ledgers page and update the CTA account and then rerun Translation for all periods required.The system will automatically update the translated balances.
D. Define a new ledger and accounting configuration. The CTA account cannot be updated after the ledger has been in use.

Answer: B

NEW QUESTION # 29
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.

Note:
. Prefix your alias name with 07, where 07 is
your exam ID.
. There is no Product or Intercompany impact.

Answer:

NEW QUESTION # 30
Which Two predefined job roles automatically have the assigned privileges to access Financial Reporting Center?

A. General Accounting Manager
B. Payables Supervisor
C. Budget Manager
D. Intercompany Manager
E. Account Receivables Manager

Answer: A,C

NEW QUESTION # 31
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.

Note:
. Prefix your alias name with 07, where 07 is
your exam ID.
. There is no Product or Intercompany impact.

Answer:

NEW QUESTION # 32
You already ranTranslation, but a last-minuteadjusting journal entryin yourledger currencywas entered after you consolidated your results.
What does Oracle considerbest practicewhen this occurs?

A. Enter another adjusting journal entry in the target currency to true up the balances.
B. Rerun Translation and then reconsolidate your results.
C. Translate only the adjusting journal entry.
D. Rerun Revaluation and then rerun Translation.

Answer: B

NEW QUESTION # 33
Your customer is a financial institution that needs to maintain average daily balances (ADB).
Which statement is true about this functionality in Oracle Fusion Cloud applications?

A. Average balances are maintained for both actual and budget balances.
B. When using ADB, you must define a transaction calendar and assign it to your ledger.
C. Average balances are stored for both subledger and general ledger balances.

Answer: A

NEW QUESTION # 34
You attempt to activate a tree version, but the audit process fails. In which two ways can you resolve this?

A. Ensure that you do not assign children to child values.
B. Make sure all users sign out of the calculation manager.
C. Run the Publish Chart of Accounts Dimension Members and Hierarchies program.
D. Ensure that parent values have the summary attributes set correctly.
E. Run the Chart of Accounts Deployment process.

Answer: A,D

NEW QUESTION # 35
You are designing an approval rule where a specific person is required to approve the journal. Which two list builders should you use to achieve this?

A. Resource approval routing
B. Job Level Hierarchy approval routing
C. Position Hierarchy approval routing
D. Approval Group approval routing
E. Supervisory Hierarchy approval routing

Answer: A,D

NEW QUESTION # 36
......

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