1Z0-1054-21 Exam Question 1
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.)
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 2
Encumbrance accounting is enabled for your ledger. An encumbrance journal dated3/15/19 was recorded for a purchase order.
The invoice was entered on 5/5/19, but the invoice accounting date was 4/20/19. The encumbrance journal for liquidating the purchase order encumbrance is dated 5/5/19.
What is causing this?
The invoice was entered on 5/5/19, but the invoice accounting date was 4/20/19. The encumbrance journal for liquidating the purchase order encumbrance is dated 5/5/19.
What is causing this?
1Z0-1054-21 Exam Question 3
You want to be notified of anomalies in certain account balances in real time. What is the mostefficient way to do this?
1Z0-1054-21 Exam Question 4
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?
How will you achieve this?
1Z0-1054-21 Exam Question 5
Which two statements are true regarding the Intercompany Reconciliation Report? (Choose two.)