Cisco®
Oracle
CompTIA
Checkpoint
ISC
EC-Council
EXIN
Fortinet
ITIL®
Juniper
Microsoft
VMware
Avaya
SAP
Google
Salesforce
Amazon
Palo Alto Networks
ISC2
All Vendors
  2. Home
  3. Exams
  4. Oracle
  5. 1Z0-1054

Free Oracle 1Z0-1054 Exam Braindumps (page: 2)

Page 2 of 20
PDF with 78 Questions

What are the two benefits of having the Essbase cube embedded in General Ledger Cloud? (Choose two.)

  1. Posting performance is much faster
  2. Integrating with third-party systems is easier because the Essbase cube provides chart of accounts mapping rules
  3. General ledger balances are multidimensional, allowing you to perform robust reporting and analysis
  4. You can access real-time results for reporting and analysis because every time a transaction is posted in General Ledger, multidimensional balances are also updated simultaneously
  5. You no longer need to create and maintain hierarchies because the Essbase cubes are created when you create your chart of accounts

Answer(s): C,D



Which tool can you use to create a Financial Income Statement?

  1. One View Reporting
  2. PS/nVision
  3. Account Inspector
  4. Rapid Implementation Enterprise Structures setup

Answer(s): C



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



Your customer has enabled budgetary control for purchase orders. They have a purchase order for $1,000 USD which is fully reserved. An invoice for $600 is entered and matched to the purchase order, and the purchase order is closed for further invoicing.

What happens to the remaining $400 USD?

  1. Invoice type will have less funds available by $400 USD
  2. $400 USD will be expired and not available for use
  3. $400 USD will be added back to available funds
  4. Only obligation type will have $400 USD funds available
  5. Manual encumbrance journal needs to be entered in General Ledger to release the budget amount of $400 USD

Answer(s): C






Post your Comments and Discuss Oracle 1Z0-1054 exam prep with other Community members:

1Z0-1054 Exam Discussions & Posts