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Oracle 1z0-1054-24 Exam With Confidence Using Practice Dumps

Exam Code:
1z0-1054-24
Exam Name:
Oracle Financials Cloud: General Ledger 2024Implementation Professional
Certification:
Vendor:
Questions:
89
Last Updated:
Apr 2, 2025
Exam Status:
Stable
Oracle 1z0-1054-24

1z0-1054-24: Oracle Financials Cloud Exam 2025 Study Guide Pdf and Test Engine

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Oracle Financials Cloud: General Ledger 2024Implementation Professional Questions and Answers

Question 1

You are capturing rental costs for a building in a corporate cost center. At month end, you want to allocate those costs to the cost centers in the building based on the floor area occupied. A statistical journal has been entered to record the floor area. You use Calculation Manager to create the allocation.

Where do you reference the statistical balance within the allocation component?

Options:

A.

Source

B.

Allocation Range

C.

Target

D.

Offset

E.

Basis

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Question 2

You want to achievemulti-step cascading allocations. Which feature do you use?

Options:

A.

RuleSets

B.

Formulas

C.

General Ledger journal entries

D.

Point of View (POV)

Question 3

Manage Chart of Accounts Structure and Instance

Scenario

Your client is implementing Oracle Fusion Cloud Financials. The decision is to have a 5-segment Chart of Accounts: Company, Cost Center, Account, Product, and Intercompany. You are working in

the General Ledger team and will be responsible for creating the Chart of Accounts Structure and Instance for the Chart of Accounts.

Task 1

Create a Chart of Accounts Structure and Instance for the following Chart of Accounts:

Note:

· Prefix all your setups with 07, where 07 is your candidate ID

· There is one balancing segment.

· Choose the appropriate segment labels.

. For the purpose of this test there is no need to deploy the flexfield.

. Valid code combinations should be added to the Code Combination table automatically.

· Shorthand aliases will not be implemented.

. Accept the defaults for the instance segments.

Options: