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

You have set up a supporting reference with balances to capture revenue by account manager.
Which option should you use to view the supporting reference balances?

• A.an Account Group
• B.an OTBI analysis
• C.General Ledger inquiries and reports
• D.a SmartView analysis

What are two uses of the Column Flattening and Row Flattening features? (Choose two.)

• A.View information for runtime performance.
• B.Optimize parent/child relationships.
• C.Set the status of a tree to active.
• D.Verify correctness of trees.
• E.Create additional versions of a tree.

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

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

There is a business requirement for a subsidiary company to report to the parent company on a monthly basis.
Given that:
The subsidiary is in another country from the parent.
There is no requirement to have daily balances.
The objective is to minimize the data stored in the reporting currency.
Which data conversion level should you recommend?

• A.Subledger level
• B.Journal Level
• C.Balances Level
• D.Spreadsheet level
• E.Adjustment only level

You need to create a 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.
Identify the two Oracle recommended ways to accomplish this. (Choose two.)

• A.Create a Smartview report, where the various sheets represent the different Financial Statements and send them the spreadsheet
• B.Use BI Publisher to configure the reports and then use bursting to email the reports to the executives and Audit Committee
• C.Use OTBI to create multiple reports that you save to a folder that only the users can access
• D.Use a report batch to run reports at a specific time to create a set of snapshot reports
• E.Using Workspace, assemble multiple reports into a book that can be printed and viewed individually as an entire book