Online Access Free 1z0-1054-24 Exam Questions

Your customer uses Financials Cloud, Projects, Inventory, and SCM.
Which two statements are true regarding intercompany accounting for these products? (Choose two.)

• A.Intercompany Balancing Rules are defined centrally and applied across Financials and Projects.
• B.Each product has its own Intercompany Accounting feature that needs to be configured separately.
• C.Intercompany balancing rules in General Ledger need to be mapped with the intercompany configuration in each product.
• D.In Financials Cloud, Intercompany Balancing Rules are used to balance both cross-ledger allocation journals and single-ledger journals.

Which two statements are true about balances cubes in General Ledger?

• A.New dimensions can be added to a General Ledger balances cube.
• B.They are updated automatically when the Translation process is run.
• C.They are updated automatically when the General Ledger period is opened.
• D.They are updated automatically when the Revaluation process is run.
• E.A new balances cube is created for a unique combination of ledger and currency.

You need to integrateFusion Accounting Hubwithexternal source systemsused forBilling. Identify the step that isnot correctwhen implementing this integration.

• A.Determine the accounting impact of transactions.
• B.Capture accounting events.
• C.Create the accounting in the source system and then import the journal entries into subledger accounting.
• D.Analyze external system transactions.

You already ran Translation, but a last-minute adjusting journal entry in your ledger currency was entered and posted after you consolidated your results.
What is Oracle's recommended practice when this occurs?

• A.Rerun Translation and then reconsolidate your results.
• B.Enter another adjusting journal entry in the target currency to true up the balances.
• C.Rerun Revaluation and then rerun Translation.
• D.Translate only the adjusting journal entry.

Which three factors should you consider while specifying Intercompany System options?

• A.Whether to enforce an enterprise-wide currency or allow intercompany transactions in local currencies
• B.Automatic or manual batch numbering and the minimum transaction amount
• C.Automatic or manual batch numbering and the maximum transaction amount
• D.Whether to allow receivers to reject intercompany transactions
• E.Approvers who will approve intercompany transactions