Pass Authentic Oracle 1Z0-1054-21 with Free Practice Tests and Exam Dumps [Q66-Q86]

QUESTION 66
Your customer has enabled budgetary control for purchase orders. They have a purchase order for
$1,000 USD which is fully reserved. An invoice for $600 is entered and matched to the purchase order, and the purchase order is closed for further invoicing. What happens to the remaining $400 USD?

QUESTION 67
You are creating financial Statements and want to have charts, such as a bar graph, automatically inserted to improve the understanding of the financial results. How would you achieve this? (Choose Two)

QUESTION 68
You need to create a boardroomready month-end reporting package for an upcoming Audit Committee meeting. You have 10 Financial Reports that you want to share with executives and auditors that are nicely formatted.
What are the two Oracle recommended ways to accomplish this? (Choose two.)

QUESTION 69
Which feature outside of reporting and analysis leverages the Essbase cube?

QUESTION 70
Your Customer requires physical invoice to be generated in payables Cloud and Receivable Cloud for the intercompany payables and receivable transactions. Which two statements are correct with regards to selling this up?

QUESTION 71
The Accounting Manager requests that a schedule be created to automate.ca.ly post journals from subledgers at different times. Which journal attribute should you use to set the automatic posting criteria?

QUESTION 72
You are setting up Close Monitor, which compromises a ledger set hierarchy definition.
Which two components of the enterprise structure should the ledgers in the ledger setshare? (Choose two.)

QUESTION 73
You have exported data from your budgeting application into a .csv file.
What should you use to load that data into General Ledger?

QUESTION 74
When working with Essbase, versions of the tree hierarchy asdefined in the General Ledger Cloud are not available in the Essbase balances cube. What should you do to correct this situation?

QUESTION 75
You want to prevent intercompany transactions from being entered during the last day of the close.
What should you do?

QUESTION 76
Management has added a requirement to segregate the duties oftransferring journals to the General Ledger from the posting function. Which two new features allow this segregation? (Choose two.)

QUESTION 77
What are the three differences between Oracle Transactional Business Intelligence (OTBI) and Oracle Business Intelligence Applications (OBIA)? (Choose three.)

QUESTION 78
What Is Oracle Essbase?

QUESTION 79
The Delete Translated Balances process provides the ability to completely reset translations in the event that significant changes are made to the accounting configuration.
Once the deletionprocess completes, what additional process must you run?

QUESTION 80
You need to build a complex account rule. Which four value types can you use in your definition?

QUESTION 81
You want to monitor the close process of all your financial subledgers and ledgers. How can you quickly obtain this information?

QUESTION 82
Before Implementing Financials Cloud, your customer used to manually reconcile their intercompany payables and receivables accounts, What’s is a more automated approach to do this?

QUESTION 83
Which two statements are true regarding how intercompany balancing rule, are defined? (Choose Two)

QUESTION 84
After loading your budget data into General Ledger Cloud, you can view budget balances using these features.?

QUESTION 85
Account combinations can be created and/or modified using the Import Account Combinations file- based data import (FBDI).Which represents the appropriate upload steps?

QUESTION 86
Your new accountants have been making mistakes in reconciling accounts assigned to them. Your account balances have either spiked or dropped 30-40% every period due to human error. This causes delays in reconciliation. What feature can you use to be proactively notified of account anomalies in a more timely manner?