Online Access Free Oracle.1Z0-1054-21.v2022-08-17.q76 Practice Test (Page 10)

1Z0-1054-21 Exam Question 41

When creating your financial statements, you would like to have a chart, such as a bar graph, included in the report output.
Which two reporting tools allow you to achieve this? (Choose two.)

A.Financial Statement Generator

B.Financial Reporting Studio

C.Account Inspector

D.Smart View

1Z0-1054-21 Exam Question 42

You are using Oracle General Ledger (GL), Oracle Payables and Oracle Receivables and would like to prevent the closure of the GL period if the corresponding subledger period is not closed.
How will you achieve this?

A.Nothing, this option is enabled automatically

B.Opt in to the PreventPeriod Close option for the offering

C.Set the relevant option on the Specify Ledger Options page

D.Set the ORA_GL_INCLD_STRICT_PRD_CLOSE profile option to yes

1Z0-1054-21 Exam Question 43

You create an invoice for USD 100 that is matched to a purchase order of USD 100. You validate the invoice to consume the budget and reduce funds available. And then later, you cancel invoice. What happened to funds available when you cancel and invoice that requires budgetary control?

A.The funds reserved for the purchase order is reinstated while the invoice expenditure is reversed by USD 100

B.The Budget will increase by USD 100 ad the funds available will decrease by USD 100

C.funds Available will change when the invoice is approved

D.The Budget and funds available will increase by USD 100.

1Z0-1054-21 Exam Question 44

Which three reporting tools are based on real-time data or balances?

A.Smart view

B.Oracle Financial Reporting (FR)

C.Oracle Business Intelligence Applications (??IA)

D.Business Intelligence Publisher (BI Publisher)

E.Oracle Transactional Business Intelligence (OTBI)

Correct Answer: A,B,E

Smart View is an Excel-based analysis tool, ideal for financial analysts needing to quickly define financial reports and ad hoc queries within a familiar tool. Unlike traditional offline spreadsheet analysis, Smart View is directly integrated to Fusion General Ledger balances in real-time Oracle Transactional Business Intelligence Oracle Transactional Business Intelligence (OTBI) is designed for operational users who want to create their own custom queries, reports, dashboards, charts and graphs to aid daily decisionmaking.
Users can access, analyze and evaluate real-time transaction data in Fusion Financials by using a self- service report design tool to build reports on top of customizable analysis structures. As an end-user tool, OTBI reduces reliance on IT for the creation and maintenance of reports, and provides the business with a fast, effective way to answer critical operational business questions. Financial Reporting Center Financial Reporting Center delivers boardroom-quality management reports based on live general ledger balances and hierarchies. In addition to high quality, formatted reports including graphs and charts, Financial Reporting Center also supports detailed and interactive analysis within the report through slicing-and-dicing, expansions and drilldowns, allowing managers and executives to review strategic financial highlights and trends but with the added capability to investigate the details for a comprehensive understanding of financial performance. The advantage of Fusion Financial Reporting is that it is based on real-time multi-dimensional account balances in the GL Essbase cube, so users can analyze information rapidly based on pre-aggregated summary balances at every level of the accounting hierarchy (ie the summary balances do not need to be calculated at report run-time). Every time a transaction or journal is posted, general ledger balances are created at every possible summarization level in real-time, so account balance inquiries and reporting are fast and up-to-the-minute accurate.
Financial Reporting comprises FR Studio for report definition, Workspace for report administration and distribution, and the Financial Report Center for immediate self-service user access to reports
https://cloud.oracle.com/_downloads/WhitePaper_Financials_2_Reporting_fr_FR/erp-fusion-reporting- wp.pdf

1Z0-1054-21 Exam Question 45

Identify three functions of Functional Setup Manager.

A.Centrally manage the close processes across subledgers and ledgers.

B.Assign setup tasks to individuals with due dates where users must manually update their completion status.

C.Automatically generate lists of setup tasks in the correct sequence with dependencies highlighted.

D.Automatically mark the status of tasks as Completed after they have been completed.

E.Provide a central place to access and perform all of the setup steps across Cloud application products.

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1Z0-1054-21 Exam Question 41

1Z0-1054-21 Exam Question 42

1Z0-1054-21 Exam Question 43

1Z0-1054-21 Exam Question 44

1Z0-1054-21 Exam Question 45

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