Free Oracle 1z0-1054-24 Exam Dumps Questions & Answers

Budgetary control for accounts5020and5021has a budget of$90,000 USDeach for the year2012. The accounts also have balances onobligation of $10,000 USDfor each and anexpenditure of $20,000 USDfor each.
AFund of $50,000 USDis available for account5020only. You have run theEncumbrance Year End Carry Forward processfor obligation from the last period of the year2012to the first period of year2013.
Which statement is true?

• A.If you have included 5020 and 5021 in the encumbrance rule, then budget balances $90,000 USD, obligation $10,000 USD, and expenditure $20,000 USD, and the funds available $50,000 USD will be carried forward.
• B.If you have included 5020 and 5021 in the encumbrance rule, then only the obligation of $10,000 USD will be carried forward.
• C.The Encumbrance Year End Carry Forward process will run for all the accounts to carry forward the general ledger balances.
• D.If you have included 5020 and 5021 in the encumbrance rule, then obligation $10,000 USD and expenditure $20,000 USD only will be carried forward.

Which delivered role can access the full functionality of Functional Setup Manager?

• A.Any functional user
• B.Application Implementation Manager
• C.Functional Setup Manager Superuser
• D.IT Security Manager
• E.Application Implementation Consultant

You are using Oracle General Ledger (GL), Oracle Payables, and Oracle Receivables and you want to prevent the closure of the GL period if the corresponding subledger period is not closed. How do you achieve this?

• A.Set the relevant option on the Specify Ledger Options page.
• B.Set the ORA_GLJNCLD_STRICT_PRD_CLOSE profile option to yes.
• C.Opt in to the Prevent Period Close option for the offering.
• D.You don't have to do anything; this option is enabled automatically.

What are the tables or views from which the Create Accounting program takes source data that is used in rules to create journal entries?

• A.Transaction Objects
• B.Accounting Attributes
• C.Event Entities
• D.Mapping Sets

Which two statements are true if a journal description rule is defined with sources?

• A.You cannot assign journal description rules to sources.
• B.The description rule can only be assigned to the journal line level.
• C.The description rule can only be assigned to the header or line level.
• D.The sources must also be assigned to the accounting event class that is assigned to the journal entry rule set.
• E.The description rule may be assigned to either the header or line level, or to both.