Oracle 1Z0-1054-21 dumps - in .pdf

1Z0-1054-21 pdf
  • Exam Code: 1Z0-1054-21
  • Exam Name: Oracle Financials Cloud: General Ledger 2021 Implementation Essentials
  • Updated: Oct 07, 2026
  • Q & A: 136 Questions and Answers
  • PDF Price: $59.99
  • Free Demo

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  • Exam Code: 1Z0-1054-21
  • Exam Name: Oracle Financials Cloud: General Ledger 2021 Implementation Essentials
  • Updated: Oct 07, 2026
  • Q & A: 136 Questions and Answers
  • PDF Version + PC Test Engine + Online Test Engine
  • Value Pack Total: $119.98  $79.99
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Oracle 1Z0-1054-21 dumps - Testing Engine

1Z0-1054-21 Testing Engine
  • Exam Code: 1Z0-1054-21
  • Exam Name: Oracle Financials Cloud: General Ledger 2021 Implementation Essentials
  • Updated: Oct 07, 2026
  • Q & A: 136 Questions and Answers
  • Software Price: $59.99
  • Testing Engine

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Oracle 1Z0-1054-21 Exam Syllabus Topics:

SectionObjectives
Budgetary Control and Encumbrance Accounting- Encumbrance Accounting
- Control Budgets
- Configure Budgetary Control
- Funds Check Processing
Journal Processing- Journal Import and Posting
- Allocation Rules
- Recurring Journals
- Configure Journal Approval
- Create and Manage Journals
Configuring Ledgers- Configure Secondary Ledgers
- Manage Ledger Sets
- Configure Reporting Currencies
- Define Ledger Options
Financial Reporting- Financial Reporting Studio
- Account Groups and Reports
- Financial Statement Generation
- Smart View Reporting
Period Close- Close Monitoring and Reporting
- Perform Period Close Activities
- Manage Accounting Periods
Intercompany Processing- Configure Intercompany Balancing Rules
- Process Intercompany Transactions
- Intercompany Reconciliation
Configuring Enterprise and Financial Reporting Structures- Manage Accounting Calendars
- Manage Account Hierarchies
- Manage Legal Jurisdictions
- Manage Legal Authorities and Legal Entities
- Manage Chart of Accounts
- Manage Geographies
- Manage Ledgers

Oracle Financials Cloud: General Ledger 2021 Implementation Essentials Sample Questions:

Question #1

Your customer is implementing budgetary control with encumbrance accounting. Your customer has businesses is 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?

  • A. A control budget is associated to a ledger and creates three control budgets for Australia, New Zealand and Singapore.
  • B. The control Budget structure has all the chart of accounts segments as budget segments.
  • C. A Control Budget Can be associated with a different calendar than accounting calendar.
  • D. Control Budget are always absolute to generate encumbrance accounting.
  • E. A Control Budget can allow override rules only if the control level is absolute.
Reveal Solution  Discussion  0

Correct Answer: C,D,E  πŸ—³οΈ

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Question #2

You need to define multiple allocation rules as efficiently as possible, Which three components can be reused across allocation rules?

  • A. RuleSets
  • B. Formulas
  • C. Run Time Protocols (RTP)
  • D. Point of View (POV)
Reveal Solution  Discussion  0

Correct Answer: A,B,D  πŸ—³οΈ

Question #3

You entered a cross validation rule to prevent the balance sheet cost center (000) being used with Profit.
and Loss Accounts (4000-2222). ) being
The following combinations exist in the Code Combination table:
01-000-4110-00, 01-000-5299-000, 01-000-5105-000 and 01-000-7640-00
Which two statements are true regarding cross-validation rules?

  • A. You need to run the Cross-Validation Rules Process to list and optionally disable combinations a
  • B. There is no need to create cross-validation rules if Dynamic Combination Creation eek. fs ; enabted for your chart of accounts instance. 1 & You need to run the Cross-Validation Rule Violations process to allow rules te apely lind combinations that violate rules.
  • C. The rules validate and apply to new accounts only
  • D. The rules will validate and apply to new and existing accounts. Xs
Reveal Solution  Discussion  0

Correct Answer: A,C  πŸ—³οΈ

Question #4

Your customer wants to prevent their department managers from viewing the results of other departments where they have no management authority. What should be implemented for this type of security?

  • A. Role-Based Access
  • B. Data Access Sets
  • C. Segment Value Security
  • D. Cross-Validation Rules
Reveal Solution  Discussion  0

Correct Answer: C  πŸ—³οΈ

Question #5

Your client has been using Budgetary Control for six months. Now, they want to use the: spend Authorization After opting in the new feature Spend Authorization with Budgetary Control, what additional field actions need to be accomplished to activate this feature? .

  • A. Enable Payment Request Subtypes
  • B. Rebuild the Budgetary Control Cube.
  • C. Rebuild the GL Balances Cube
  • D. Create a Payment Process Profile
  • E. Enable spend authorization
Reveal Solution  Discussion  0

Correct Answer: A,B,E  πŸ—³οΈ

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