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Free Oracle 1Z0-1054-22 Exam Questions (page: 3)

Page 3 of 26
PDF with 131 Questions

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

  1. revaluations and translation to revalue and translate currencies stored in the Essbase cube
  2. calculation manager to perform allocations based on multidimensional balances and budgets
  3. period closing and opening of ledgers to keep General Ledger Cloud and the Essbase cubes in sync
  4. journal entries and journal approval to create journals that update balances to the cube directly

Answer(s): A



You want to define an allocation rule where segment values are constants for rules and formulas. What should you do?

  1. Never use the Outer Point of View (POV)
  2. Always use the Outer Point of View (POV)
  3. Specify Run Time Prompts (RTP)
  4. Only specify segment values in formulas

Answer(s): B

Explanation:

A Point of View is used to define dimension values that remain fixed throughout the entire allocation rule. For example, assume a chart of accounts includes a segment for future use. The Point of View fixes the value to be the default value so that the dimension value does not have to be selected while defining the source, basis, target, offset, or allocation range



After loading your budget data into General Ledger Cloud, you can view budget balances using these features. Which feature does not belong on the list?

  1. Application Development Framework Desktop Integration Budget Balances Report
  2. Account Monitor
  3. Smart View
  4. Account Inspector

Answer(s): A



Your customer is implementing budgetary control with encumbrance accounting. Your customer has businesses in Australia, New Zealand, and Singapore with a ledger in each country with a Corporate chart of account instance that has four segments. Which three statements are true regarding the creation of a control budget? (Choose three.)

  1. The control budget structure has all the chart of account segments as budget segments
  2. Control budgets are always absolute to generate encumbrance accounting
  3. A control budget is associated to a ledger and creates three control budgets for Australia, New Zealand, and Singapore
  4. A control budget can allow override rules only if the control level is absolute
  5. A control budget can be associated with a different calendar than accounting calendar

Answer(s): B,D,E



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