1Z0-1054-21 Exam Question 61

All of your subsidiaries can share the same ledger with their parent company and all reside onthe same application instance.
They do perform intercompany accounting. What is Oracle's recommended approach to performing consolidations?
  • 1Z0-1054-21 Exam Question 62

    You want to process multiple allocations at the same time. What feature do you use?
  • 1Z0-1054-21 Exam Question 63

    You operate in a country whose unstable currency makes it unsuitable for managing your day-to-day business. As a consequence, you need to manage your business in a more stable currency while retaining the ability to report in the unstable local currency. what would be your recommendation when defining ledgers?
  • 1Z0-1054-21 Exam Question 64

    A subsidiary company, in a highly regulated country,where there is a legal requirement to produce fiscal reports under local GAAP, is about to configure their General Ledger.
    Given the following:
    Subledgers transferring to general ledger must use the local currency.
    There is a requirement to report to the parent company (not local currency) using International Financial Reporting Standards (IFRS).
    Which two ledger types should be configured to address this reporting requirement? (Choose two.)
  • 1Z0-1054-21 Exam Question 65

    You set up a secondary ledger using the Manage Secondary Ledger task and selected a data conversion level of subledger. Which two actions should you now perform to prevent duplicate accounting entries?