Oracle 1Z0-1054-21 Certification Exam: Latest Sample Questions and Answers

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1Z0-1054-21 Certification DetailExam Code 1Z0-1054-21

Full Exam Name Oracle Financials Cloud General Ledger 2021 Implementation

Essentials

Number of

Questions

55

Practice Exams 1Z0-1054-21 Online Practice Exam

Passing Score 60%

Time Limit 90 minutes

Recommended

Training

Oracle Financials Cloud: General Ledger 2021 Certified

Implementation Specialist

Oracle Financials Cloud Learning Subscription

Syllabus Topics for Oracle 1Z0-1054-21 Exam

Topic Name

Configuring Enterprise and Financial

Reporting Structures

Configuring Ledgers

Journal Processing Configure and Process Intercompany

Configure and Process Intercompany Configuring Financial Reporting

Oracle 1Z0-1054-21Exam Questions

?

01. In which two ways can your users customize the Dashboards and Work Areas to suit their individual working styles?

Option

a) They can format each table by hiding and showing columns, moving columns, and resizing columns.

b) They can use Personalization to move and remove regions from those pages.

c) Users have very little control customizing their Dashboards and Work Areas; they can only resize columns.

d) They can have the System Administration customize pages for them using Page Composer.

ANSWERa) They can format each table by hiding and showing columns, moving columns, and resizing columns.b) They can use Personalization to move and remove regions from those pages.

02. Your user forgot the password. How do you resolve this?

Option

a) Use the Manage Users page to update the user's information and change the password.

b) Use Oracle Identity Management (OIM) to reset the user's password.

c) Log in to the user's machine as an Administrator and change the password from the login password.

d) Use Access Policy Manager (APM) to reset the user's password.

e) Create a new user ID and password for the user.

ANSWER

b) Use Oracle Identity Management (OIM) to reset the user's password.

03. The budget managers specify the budget accounts they want to monitor and decide on percentage threshold of funds availability.Where must you define the details while analyzing budget balances in the Budget Account Monitor page?

Option

a) Budget Group

b) Application Development framework Desktop Integral ion (ADFdi)

c) Account Group

d) Budget Controller

e) Budget Account Group

ANSWERc) Account Group

04. Which repot show you differences between your subledger balances and General Ledger balances?

Option

a) Payables Trial Balance, Receivables Trial Balance, and General Ledger Trial Balance reports

b) Payables and Receivables Aging Reports with the General Ledger Trial Balance report

c) Payables to Ledger Reconciliation Report and the Receivables to Ledger Reconciliation Report

d) General Ledger Financial Statements and the Accounts Payable and Accounts Receivables Invoice Registers

ANSWERc) Payables to Ledger Reconciliation Report and the Receivables to Ledger Reconciliation Report

05. Identify three functions of Functional Setup Manager.

Option

a) Provide a central place to access and perform all of the setup steps across Cloud application products.

b) Automatically generate lists of setup tasks in the correct sequence with dependencies highlighted.

c) Automatically mark the status of tasks as Completed after they have been completed.

d) Assign setup tasks to individuals with due dates where users must manually update their completion status.

e) Centrally manage the close processes across subledgers and ledgers.

ANSWERa) Provide a central place to access and perform all of the setup steps across Cloud application products.b) Automatically generate lists of setup tasks in the correct sequence with dependencies highlighted.d) Assign setup tasks to individuals with due dates where users must manually update their completion status.

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