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Oracle 1z0-1054-25 Exam Syllabus Topics:
Topic
Details
Topic 1
- Implementing Enterprise and Financial Reporting Structures: This section of the exam measures skills of Oracle ERP Implementation Consultants and covers the core components used in setting up enterprise structures and reporting configurations. It assesses knowledge in defining legal entities, jurisdictions, and geographies, as well as the design and configuration of Chart of Accounts. Candidates must also demonstrate how to set up and secure chart structures and manage reporting calendars and currencies.
Topic 2
- Implementing Ledgers: This part evaluates the competencies of Financial Systems Analysts and focuses on defining and configuring ledgers within Oracle Financials. Candidates are expected to manage ledger-level security and understand how to utilize General Ledger Balances Cubes for better financial visibility and reporting accuracy.
Topic 3
- Performing Period Close: Designed for Oracle Financial Application Managers, this section evaluates expertise in executing and managing the period close lifecycle. Topics include reconciliations, revaluation, translation, and consolidation. Candidates are required to configure the Period Close Monitor and associated setups like revaluation, allocations, and chart mappings for financial consolidation.
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Oracle Financials Cloud: General Ledger 2025Implementation Professional Sample Questions (Q87-Q92):
NEW QUESTION # 87
You need to have invoices generated for certain intercompany transactions.
Where do you enable invoicing?
- A. Manage Intercompany Transaction Types
- B. Manage Intercompany System Options
- C. Manage Intercompany Organizations
- D. Manage Intercompany Receivables Assignment
Answer: A
NEW QUESTION # 88
Your company has complex consolidation requirements with multiple General Ledger instances. You are using Oracle Hyperion Financial Management to consolidate the disparate General Ledgers. You can typically map segments between your General Ledger segment to a Hyperion Financial Management segment, such as Company to Entity, Department to Department, and Account to Account What happens to segments in your source General Ledger, such as Program, that cannot be mapped to Hyperion Financial Management?
- A. Data is summarized across segments that are not mapped to Hyperion Financial Management.
- B. No data is transferred.
- C. The unmapped segments default to future use segments in Hyperion Financial Management.
- D. Errors occur for unmapped segments. You must map multiple segments from source General Ledgers to the target segment in Hyperion Financial Management.
Answer: A
Explanation:
When integrating with Oracle Hyperion Financial Management, you can use the following dimensions for consolidation: Entity, Scenario, Year, Period, Value, Account, Intercompany, Custom1 to Custom4, and View. You can map one to one, or concatenate segments from your source General Ledger to a single Hyperion Financial Management dimension. For example, you can map Company to Entity, Department to Department, and Account to Account. However, if you have segments in your source General Ledger that cannot be mapped to any Hyperion Financial Management dimension, such as Program, then the data is summarized across those segments. This means that the data is aggregated to the highest level of the unmapped segments, and the detail information is lost. For example, if you have Program as a segment in your source General Ledger, and you do not map it to any Hyperion Financial Management dimension, then the data is summarized by Program, and you cannot see the data by individual Program values in Hyperion Financial Management. References:
* Example of Mapping Segments to Financial Management Dimensions
* Overview of the Chart of Accounts Mapping Page
NEW QUESTION # 89
You want your sales representatives to be able to find points of interest, such as customers, while out on business. What should you enable to achieve this?
- A. Address Cleansing
- B. Geocoding
- C. Validation
- D. HZ_GEO_IDENTIFIER_SUBTYPE Lookup
Answer: B
Explanation:
According to Oracle documentation1, you should enable geocoding to achieve the requirement of finding points of interest, such as customers, while out on business. Geocoding is the process of assigning geographic coordinates to a physical address. Geocoding enables you to use maps and location-based services to find and visualize points of interest. Therefore, option B is correct. Option A is incorrect because HZ_GEO_IDENTIFIER_SUBTYPE Lookup is not a feature that enables finding points of interest. Option C is incorrect because validation is not a feature that enables finding points of interest. Option D is incorrect because address cleansing is not a feature that enables finding points of interest.
NEW QUESTION # 90
You want to create an Ad Hoc Analysis in Smart View; you enter the following dimensions for the report and click Refresh in the POV.
You get #Missing instead of a balance. What value did you not specify, which resulted in this?
- A. Product
- B. Intercompany
- C. Cost Center
- D. A particular currency
Answer: D
NEW QUESTION # 91
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. Translate only the adjusting journal entry.
- B. Rerun Revaluation and then rerun Translation.
- C. Enter another adjusting journal entry in the target currency to true up the balances.
- D. Rerun Translation and then reconsolidate your results.
Answer: D
Explanation:
According to Oracle's documentation, if you enter and post additional journal entries in your ledger currency after you run translation, you should rerun translation for the entire ledger or ledger set to ensure that all balances are translated using the same exchange rates. Then, you should reconsolidate your results to reflect the updated translated balances. References:
* Using General Ledger, page 9-7: "If you enter and post additional journal entries in your ledger currency after you run translation, you should rerun translation for the entire ledger or ledger set."
* Using General Ledger, page 9-8: "After you run translation, you can consolidate your results to create a consolidated balance sheet and income statement."
* Implement General Ledger, page 2-10: "You can translate and consolidate balances as part of the period close process."
NEW QUESTION # 92
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