Online Access Free Oracle.1z0-1054-25.v2025-10-25.q66 Practice Test (Page 8)

1z0-1054-25 Exam Question 31

Financial Reporting Web Studio is a powerful tool within the Oracle Fusion Cloud suite, designed to empower financial professionals with advanced reporting capabilities.
Which two are key capabilities of Financial Reporting Web Studio?

A.It provides Batch Bursting options including e-mail and print.

B.It can be used to create financial statements.

C.It uses a drag and drop interface for report design.

D.It helps group reports or books into batches for processing or scheduling.

1z0-1054-25 Exam Question 32

You need to have invoices generated for certain intercompany transactions.
Where do you enable invoicing?

A.Manage Intercompany Receivables Assignment

B.Manage Intercompany System Options

C.Manage Intercompany Transaction Types

D.Manage Intercompany Organizations

1z0-1054-25 Exam Question 33

When will Intercompany processing balance a journal using the accounts identified here for the UK Ledger?

A.when there is a many-to-many journal and you want to use a clearing company

B.when the journal is not balanced by the primary balancing segment value (BSV)

C.when the journal is balanced by the primary BSV but not by second or third BSV

D.when the journal is balanced by second balancing segment value

Correct Answer: C

Intercompany processing will balance a journal using the accounts identified here for the UK Ledger when the journal is balanced by the primary balancing segment value (BSV) but not by second or third BSV. A BSV is a segment in the chart of accounts that identifies a legal entity or business unit for which financial statements are prepared and balanced. A primary BSV is required for every ledger and is used to balance journal entries within a ledger. A secondary or tertiary BSV is optional and is used to balance journal entries across different dimensions other than the primary BSV, such as fund or region. Intercompany processing is a feature that enables intercompany transactions between different legal entities or business units within the same enterprise. Intercompany processing uses intercompany balancing rules to generate intercompany receivables and payables accounts for cross-ledger or cross-BSV journals. Intercompany processing will balance a journal using the accounts identified here for the UK Ledger when the journal is balanced by the primary BSV but not by second or third BSV, as this indicates that there is an intercompany transaction between different legal entities or business units within the UK Ledger that requires intercompany balancing.
Intercompany processing will not balance a journal using the accounts identified here for the UK Ledger when there is a many-to-many journal and you want to use a clearing company, as this is a scenario that involves multiple legal entities or business units across different ledgers that requires a separate clearing company ledger to perform intercompany balancing. Intercompany processing will not balance a journal using the accounts identified here for the UK Ledger when the journal is not balanced by the primary BSV, as this is an invalid scenario that violates the accounting rules and prevents posting of the journal. Intercompany processing will not balance a journal using the accounts identified here for the UK Ledger when the journal is balanced by second balancing segment value, as this is an incomplete scenario that does not specify whether the journal is also balanced by primary and third BSV. Reference: Oracle Financials Cloud: General Ledger
2022 Implementation Professional Objectives - Configure and Process Intercompany 12

1z0-1054-25 Exam Question 34

You are designing an approval rule where a specific person is required to approve the journal. Which two list builders should you use to achieve this?

A.Approval Group approval routing

B.Supervisory Hierarchy approval routing

C.Job Level Hierarchy approval routing

D.Resource approval routing

E.Position Hierarchy approval routing

1z0-1054-25 Exam Question 35

Budgetary control for accounts5020and5021has a budget of$90,000 USDeach for the year2012. The accounts also have balances onobligation of $10,000 USDfor each and anexpenditure of $20,000 USDfor each.
AFund of $50,000 USDis available for account5020only. You have run theEncumbrance Year End Carry Forward processfor obligation from the last period of the year2012to the first period of year2013.
Which statement is true?

A.The Encumbrance Year End Carry Forward process will run for all the accounts to carry forward the general ledger balances.

B.If you have included 5020 and 5021 in the encumbrance rule, then obligation $10,000 USD and expenditure $20,000 USD only will be carried forward.

C.If you have included 5020 and 5021 in the encumbrance rule, then only the obligation of $10,000 USD will be carried forward.

D.If you have included 5020 and 5021 in the encumbrance rule, then budget balances $90,000 USD, obligation $10,000 USD, and expenditure $20,000 USD, and the funds available $50,000 USD will be carried forward.

Latest Upload: 126Cisco.300-715.v2025-10-25.q133; 120Oracle.1z0-1054-25.v2025-10-25.q66; 122SAP.C_WME_2506.v2025-10-24.q45; 123VMware.250-604.v2025-10-24.q57; 135ServiceNow.CSA.v2025-10-23.q188; 131Fortinet.FCP_ZCS_AD-7.4.v2025-10-23.q30; 146Microsoft.MS-721.v2025-10-23.q234; 152PsychiatricRehabilitationAssociation.CPRP.v2025-10-22.q44; 175CompTIA.220-1101.v2025-10-22.q764; 120EC-COUNCIL.312-76.v2025-10-22.q127

1z0-1054-25 Exam Question 31

1z0-1054-25 Exam Question 32

1z0-1054-25 Exam Question 33

1z0-1054-25 Exam Question 34

1z0-1054-25 Exam Question 35

Download PDF File