Online Access Free Oracle.1Z0-1054-21.v2022-04-12.q35 Practice Test (Page 3)

1Z0-1054-21 Exam Question 6

What are the two benefits of having the Essbase cube embedded in General Ledger Cloud? (Choose two.)

A.Posting performance is much faster

B.General ledger balances are multidimensional, allowing you to perform robust reporting and analysis

C.Integrating with third-party systems is easier because the Essbase cube provides chart of accounts mapping rules

D.You can access real-time results for reporting and analysis because every time a transaction is posted in General Ledger, multidimensionalbalances are also updated simultaneously

E.You no longer need to create and maintain hierarchies because the Essbase cubes are created when you create your chart of accounts

1Z0-1054-21 Exam Question 7

Your Financial Analyst needs to interactively analyze General Ledger balances with the ability to drill down to originating transactions. Which three features facilitate this? (Choose three.)

A.Account Monitor

B.Smart View

C.Account Inspector

D.Sunburst reports

E.Online Transactional Business Intelligence

1Z0-1054-21 Exam Question 8

What is the most efficient way to add a new year to the accounting calendar?

A.Add the periods manually

B.The application automatically populates the next year when you open the first period of a new fiscal year

C.Use the Add Year button

D.Import the periods from a spreadsheet

1Z0-1054-21 Exam Question 9

Your customer has enabled budgetary control for purchase orders. They have a purchase order for $1,000 USD which is fully reserved. An invoice for $600 is entered and matched to the purchase order, and the purchase order is closed for further invoicing.
What happens to the remaining $400 USD?

A.Manual encumbrance journal needs to be entered in General Ledger to release the budget amount of
$400 USD

B.$400 USD will be added back to available funds

C.Invoice type will have less funds available by $400 USD

D.$400 USD will be expired and not available for use

E.Only obligation type will have $400USD funds available

1Z0-1054-21 Exam Question 10

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 three actions need to be accomplished to activate this feature? (Choose three.)

A.Create a Payment Process Profile

B.Rebuild the GL Balances Cube

C.Enable Payment Request Subtypes

D.Rebuild the Budgetary Control Cube

E.Enable spend authorization

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