Free Oracle 1Z0-1054-21 Exam Dumps Questions & Answers

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

• A.Payables and Receivables Aging Reports with the General Ledger Trial Balance report
• B.Payables Trial Balance, Receivables Trial Balance, and General Ledger Trial Balance reports
• 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

You need to integrate Fusion Accounting Hub with external source systems used for Billing. Identify the step that is not correct when implementing this integration.

• A.Determine the accounting impact of transactions
• B.Create the accounting in the source system and then import the journal entries into subledger accounting
• C.Capture accounting events
• D.Analyze external system transactions

You are implementing Fusion Accounting Hub for your external Accounts Receivables system. The external system sends invoices billed and cash receipts in a flat file, along with the customer classification information. You want the accounting amounts to be tracked by customers too but you do not want to add a Customer segment to your chart of accounts. What is the solution?

• A.Use the Third Party Control Account feature
• B.Capture customer information as the source and develop a custom report using Online Transactional Business Intelligence (OTBI)
• C.Use Supporting References to capture customer classification information
• D.Use the Open Account Balances Listing report that has balances by customer

While troubleshooting the encumbrance entries created for the requisition for your business unit, you noticed that only a few events are triggering the encumbrance journals when you submit he create accounting program. What are the two events?

• A.Funds check
• B.Requisition approved
• C.Create change request on the requisition after submitting requisition for approval
• D.Submit the requisition for approval
• E.Requisition rejected by the buyer
• F.Checkout and Save the requisition

The Create Accounting program could not determine the debit side of the journal entry Which component of Subledger Accounting determines the debit or credit side of a journal entry?

• A.Journal Entry Rule
• B.Journal Accounting Rule
• C.Journal Line Rule
• D.Account Rule
• E.Journal Balances Rule