Free Oracle 1z0-1054-22 Exam Dumps Questions & Answers

Identify three roles that get access to the reports in the Fusion Accounting Hub Reporting Cloud Service (FAHRCS). (Choose three.)

• A.  General Accountant
• B.  Financial Analyst
• C.  General Accountant Manager
• D.  Business Intelligence Administrator (BI Admin)
• E.  Controller

You have three ledgers that use the same chart of accounts with one intercompany payable and one intercompany receivable account.
The chart of accounts also has an intercompany segment.
Each ledger has one legal entity assigned to it and each legal entity is associated with one balancing segment value.
At what level should you define the default intercompany balancing rule?

• A.  Chart of Accounts rule
• B.  Primary balancing segment rule
• C.  Ledger level rule
• D.  Legal entity level rule

After completing a business requirement mapping session, it has been decided that only single Currency Journals will be entered for this Company.
To achieve this requirement, on which two objects should you enable "Limit a Journal to a Single Currency"? (Choose two.)

• A.  Journal category
• B.  Journal lookup codes
• C.  Ledger options
• D.  Journal sources
• E.  Profile option

You want to define an allocation rule where segment values are constants for rules and formulas. What should you do?

• A.  Only specify segment values in formulas
• B.  Always use the Outer Point of View (POV)
• C.  Specify Run Time Prompts (RTP)
• D.  Never use the Outer Point of View (POV)

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

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