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Oracle 1Z0-1054-21 Exam Syllabus Topics:

Oracle Financials Cloud: General Ledger 2021 Implementation Essentials Sample Questions:

Question 1

You need to define multiple allocation rules as efficiently as possible, Which three components can be reused across allocation rules?

A. RuleSets
B. Point of View (POV)
C. Formulas
D. Run Time Protocols (RTP)

Question 2

The current implementation project covers Financials (with Fixed Assets and Expenses) with operations planned in three countries (USA, Italy, and India). a Which three labels are required when designing the chart of account structure for the Project.

A. Intercompany Segment -
B. Cost center
C. Secondary Balancing
D. Natural Account _
E. Primary Balancing

Question 3

In Financial Cloud, which three reporting tools can be used to access General Ledger balances? (Choose three.)

A. Oracle Enterprise Repository
B. Smart View
C. Oracle Transactions Business Intelligence
D. Financial Reporting Studio
E. Application Composer

Question 4

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)

A. When viewing the report, download to Excel and use Excel's charting features to create your bar graph
B. when designing your financial statement using financial report (FR), embed a chart into your report.
C. Use Smart View, which is and Excel Add-on
D. use Account Inspector that automatically creates graphs on financials balances

Question 5

Which two statements are true regarding infotiles and infolets?

A. You can create your own user defined Infolets.
B. You can refresh infolets to see up-to-date data.
C. Infolets are accessed only from the Newsfeed homepage layout.
D. Infotiles have Front view, Back view, and Expanded view.
E. Infotiles pull data from Oracle Transactional Business Intelligence Analyses.

Solutions: