Online Access Free Oracle.1z0-1054-20.v2021-10-13.q41 Practice Test (Page 8)

1z0-1054-20 Exam Question 31

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? (Choose two.)

A.Define Journal Conversion Rules that include subledgers in order to transfer subledger transactions

B.Define Journal Conversion Rules that exclude subledgers

C.Ensure that the Accounting Calendar and Currency are the same as the Primary Ledger

D.Define Supporting References with balances

E.Assign a Subledger Accounting Method to the secondary ledger

1z0-1054-20 Exam Question 32

You want to achieve multi-step cascading allocations, which feature do you use?

A.RuleSets

B.Formulas

C.Point of View (POV)

D.General Ledger journal entries

1z0-1054-20 Exam Question 33

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

A.They can have the System Administrator configuring pages for them using Page Composer

B.They can use "+" under the Apps section of the News Feed homepage

C.They can format certain tables by hiding and showing columns, moving columns, and resizing columns

D.Users have very little control configuring their Springboards and Work Areas; they can only resize columns

1z0-1054-20 Exam Question 34

Your customer has three legal entities, 50 departments, and 10,000 natural accounts. They use intercompany entries. What is Oracle's recommended practice when implementing a new chart of accounts? How many segments and what segment qualifiers should be used?

A.Define five segments for the company, department, natural account, intercompany, and future use segment. The qualifiers should be primary balancing segment, cost center segment, natural account segment, intercompany segment, and no qualifier, respectively.

B.Define three segments for the company, department, and natural account. The qualifiers for the first segment should be primary balancing segment and intercompany segment, cost center segment, and natural account segment, respectively.

C.Define four segments for the company, department, natural account, and intercompany segment. The qualifiers should be primary balancing segment, cost center segment, and natural account segment, and intercompany segment, respectively.

D.Define three segments for the company, department, and natural account. The qualifiers should be primary balancing segment, cost center segment, and natural account segment, respectively.

1z0-1054-20 Exam Question 35

Your company has two legal entities in the US (Balancing Segment Values [BSV] 101 and 102), one legal entity in France (BSV 401), and one legal entity in the UK (BSV 402).
Both US legal entities share the same ledger, whereas the UK and France have their own ledgers.
Assuming intercompany transactions are not being entered, what is the minimal action you can take and still configure the ledgers correctly?

A.You should assign the balancing segment value to the ledger in the US and assign a balancing segment value to identify each legal entity in the UK and France ledgers.

B.You should assign a balancing segment value to identify each legal entity in each ledger.

C.You should assign a balancing segment value to identify each legal entity in the US Ledger and assign the balancing segment values to the ledger in the UK and France.

D.You should assign a balancing segment value to identify each legal entity in the US ledger.

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