Online Access Free Oracle.1z0-1054-20.v2022-04-11.q44 Practice Test (Page 3)

1z0-1054-20 Exam Question 6

All of your subsidiaries can share the same ledger with their parent company and all reside on the same application instance.
They do perform intercompany accounting. What is Oracle's recommended approach to performing consolidations?

A.Use Oracle Hyperion Financial Management for this type of complex consolidation

B.Use General Ledger's Financial Reporting functionality to produce consolidated reports by balancing segment where each report represents a different subsidiary. Any eliminating entries can be entered in yet another separate balancing segment

C.Use General Ledger's Balance Transfer programs to transfer subsidiary ledger balances to the parent ledger, and then enter eliminating entries as a separate balancing segment in the parent ledger.

D.Define multiple ledgers for consolidation and report on ledger set

1z0-1054-20 Exam Question 7

Management has added a requirement to segregate the duties of transferring journals to the General Ledger from the posting function. Which two new features allow this segregation? (Choose two.)

A.For previously scheduled automated processes, it is recommended to cancel and rescheduled the process for the option to be effective.

B.Must have separate user defined roles using the privilege
XLA_CREATE_GENERAL_LEDGER_AND_SUBLEDGER _JOURNALS.

C.Uncheck the Enable Posting from the Manage Subledger Accounting Options task.

D.Journal entry spreadsheets are not impacted by this new function.

1z0-1054-20 Exam Question 8

Your customer wants to create fully balanced balance sheets for the Company, Line of Business, and Product segments for both financial and management reporting.
What is Oracle's recommended method for doing this?

A.Create two segments where the first segment represents the concatenation of Company and Line of Business, and then enable secondary tracking for the Product segment

B.Use account hierarchies to create different hierarchies for different purposes and use those hierarchies for reporting

C.Create a segment that acts as the primary balancing segment and create values that represent a concatenation of all three business dimensions

D.Create three segments for the Company, Line of Business, and Product segments and qualify them as primary balancing segment, second, and third balancing segments, respectively

1z0-1054-20 Exam Question 9

Most of the accounting entries for transactions from your source system use TRANSACTION_AMOUNT as a source of the entered amount accounting attribute. For some events, you need to use TAX_AMOUNT as the source.
At what level can you override the default accounting attribute assignment?

A.Event Type

B.Journal Line Rule

C.Journal Entry

D.Event Class

E.Journal Entry Rule Set

1z0-1054-20 Exam Question 10

You want to prevent intercompany transactions from being entered during the last day of the close. What should you do?

A.Freeze the Intercompany journal source in General Ledger

B.Close all subledger periods

C.Close Intercompany periods in Fusion Intercompany

D.Close the General Ledger period in the Manager Accounting Periods page

Premium Bundle

Newest 1z0-1054-20 Exam PDF Dumps shared by Actual4test.com for Helping Passing 1z0-1054-20 Exam! Actual4test.com now offer the updated 1z0-1054-20 exam dumps, the Actual4test.com 1z0-1054-20 exam questions have been updated and answers have been corrected get the latest Actual4test.com 1z0-1054-20 pdf dumps with Exam Engine here:

Access 1z0-1054-20 Premium Version

(103 Q&As Dumps, 30%OFF Special Discount: Freepdfdumps)

Other Version: 36Oracle.Actualtorrent.1z0-1054-20.v2022-05-16.by.elva.44q.pdf; 1413Oracle.1z0-1054-20.v2021-10-13.q41; 81Oracle.Preppdf.1z0-1054-20.v2021-09-30.by.alvis.39q.pdf

Latest Upload: 170NREMT.EMT.v2026-06-06.q125; 124Juniper.JN0-232.v2026-06-06.q60; 160Oracle.1D0-1057-25-D.v2026-06-03.q29; 292NAHQ.CPHQ.v2026-06-03.q396; 269CompTIA.220-1201.v2026-06-03.q196; 177GIAC.GCFE.v2026-06-03.q78; 169HIMSS.CPHIMS.v2026-06-03.q45; 257Google.Professional-Cloud-Architect.v2026-06-03.q165; 172HP.HPE7-A09.v2026-06-02.q48; 189ACDIS.CCDS-O.v2026-06-02.q56