Oracle 1Z0-1054-20 Certification Exam Syllabus and Exam Questions

1. Oracle 1Z0-1054-20 Certification Exam Syllabus and Exam Questions 1Z0-1054-20 DBexam.com Get complete detail on 1Z0-1054-20 exam guide to crack Oracle Financials Cloud: General Ledger 2020 Implementation Essentials. You can collect all information on 1Z0-1054-20 tutorial, practice test, books, study material, exam questions, and syllabus. Firm your knowledge on Oracle Financials Cloud: General Ledger 2020 Implementation Essentials and get ready to crack 1Z0-1054-20 certification. Explore all information on 1Z0-1054-20 exam with number of questions, passing percentage and time duration to complete test.

2. WWW.DBEXAM.COM PDF How to Prepare for 1Z0-1054-20 Exam on Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Certification? Oracle Financials Cloud: General Ledger 2020 Implementation Essentials (1Z0-1054-20) preparation guide helps you to get focused on the exam. This guide also helps you to be on the 1Z0-1054-20 exam track to get certified with a good score in the final exam. 1Z0-1054-20 Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam Summary Exam Name Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam Code 1Z0-1054-20 1Z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials 1

3. WWW.DBEXAM.COM PDF Exam Product Version Oracle Financials Cloud 20B Exam Price USD $245 (Pricing may vary by country or by localized currency) Duration 85 minutes Number of Questions 55 Passing Score 60% Format Multiple Choice Questions (MCQ) Recommended Training Oracle Financials Cloud Learning Subscription Schedule Exam Pearson VUE Sample Questions Oracle Financials Cloud General Ledger 2020 Certified Implementation Specialist (OCS) Recommended Practice 1Z0-1054-20 Online Practice Exam Exam Syllabus: 1Z0-1054-20 Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Subjects Sub Topics Enterprise Structures - Configure the Chart of Accounts 1Z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials 2

4. WWW.DBEXAM.COM PDF - Explain Essbase - Set up accounting hierarchies - Set up the accounting calendar - Configure Chart of Accounts Security - Configure the legal entity structure and define the relationship to the Chart of Account - Configure Ledgers - Create and manage Accounting Rules - Create and process subledger accounting entries - Explain the journal description rules - Identify supporting references - Explain how to design and use various reporting tools - Set up the Financials Reporting Studio - Explain OTBI and GL Subject Areas - Describe Smart View accounting inquiry and analysis - Describe the General Accounting Dashboard and Work Areas - Analyze budgets versus actuals - Configure and Process Budgets - Explain how to analyze and monitor Budget Consumption - Configure Encumbrance Accounting - Process Encumbrance Journals - Process journal entries - Configure automated journal processing - Explain the journal approval set up - Configure allocations and periodic entries - Explain the secondary ledger and reporting currencies - Design the Chart of Accounts and segment level rules for intercompany - Set up Intercompany Accounting (system options, transaction types, organizations) - Describe intercompany balancing - Process intercompany transactions and periods - Process intercompany reconciliations - Explain the Close Process - Configure and process revaluations - Configure and process translations - Configure and process consolidations - Analyze reconciliations - Close monitor Subledger Accounting Reporting & Anaytics Budgetary Control and Encumbrance Journal Processing Intercompany Processing Period Close 1Z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials 3

5. WWW.DBEXAM.COM PDF Oracle 1Z0-1054-20 Certification Sample Questions and Answers To make you familiar with Oracle Financials Cloud: General Ledger 2020 Implementation Essentials (1Z0-1054-20) certification exam structure, we have prepared this sample question set. We suggest you to try our Sample Questions for Oracle OCS 1Z0-1054-20 Certification to test your understanding of Oracle 1Z0-1054-20 process with the real Oracle certification exam environment. 1Z0-1054-20 Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Sample Questions 01. In which two ways can your users customize the Dashboards and Work Areas to suit their individual working styles? a) They can format each table by hiding and showing columns, moving columns, and resizing columns. b) They can use Personalization to move and remove regions from those pages. c) Users have very little control customizing their Dashboards and Work Areas; they can only resize columns. d) They can have the System Administration customize pages for them using Page Composer. 02. Your user forgot the password. How do you resolve this? a) Use the Manage Users page to update the user's information and change the password. b) Use Oracle Identity Management (OIM) to reset the user's password. c) Log in to the user's machine as an Administrator and change the password from the login password. d) Use Access Policy Manager (APM) to reset the user's password. e) Create a new user ID and password for the user. 03. You need to create a month-end reporting package for an upcoming Audit Committee meeting. You have 10 financial reports that you will need to share with executives and auditors. In which three ways do you accomplish this? a) Users can drill down on snapshot reports for further analysis. b) Using Workspace, assemble multiple reports into a book. c) Use a Report Batch to run reports at a specific time to create a set of snapshot reports based on accounting information at that specific point in time. d) The reports contained in the book can be printed or viewed individually or as an entire book that includes a table of contents. e) Snapshot reports can only be viewed online. 1Z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials 4

6. WWW.DBEXAM.COM PDF 04. How do you hide accounts with no balances showing #Missing in Smart view? a) Select the Data/Missing check box in the Data Options tab. b) Use Excel functions to hide rows with #Missing assigned c) Choose the Suppress Zeros option under Data options. d) This indicates a database connection issue. Try to reconnect to Fusion Applications. 05. Fusion Accounting Hub includes Hyperion Data Management. For which two tasks can Hyperion Data Management be used? a) chart of accounts hierarchy maintenance b) integration with transactions from external feeder systems c) chart of accounts master data maintenance d) data access and security e) cross-validation rules 06. Which repot show you differences between your subledger balances and General Ledger balances? a) Payables Trial Balance, Receivables Trial Balance, and General Ledger Trial Balance reports b) Payables and Receivables Aging Reports with the General Ledger Trial Balance report c) Payables to Ledger Reconciliation Report and the Receivables to Ledger Reconciliation Report d) General Ledger Financial Statements and the Accounts Payable and Accounts Receivables Invoice Registers 07. Your customer uses Financials Cloud, Projects, Inventory and Procurement. Which two statements are true regarding intercompany accounting tor these products? a) Each product has its own Intercompany Accounting feature that needs to be set up separately. b) Intercompany Balancing Rules are defined centrally and applied across Financials, Portfolio Project Management and Supply Chain Management products. c) Within Financials Cloud, Intercompany Balancing Rules are used to balance both cross- ledger intercompany transactions and single-ledger intercompany journals. d) They need to license a separate stand-alone Intercompany product that acts as the Intercompany Accounting Hub. 08. You need to define multiple allocation rules as efficiently as possible. Which three components can be reused across allocation rules? a) Point of View (POV) b) Run Time Prompts (RTP) c) Formulas d) Rule Sets 09. Identify three functions of Functional Setup Manager. 1Z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials 5

7. WWW.DBEXAM.COM PDF a) Provide a central place to access and perform all of the setup steps across Cloud application products. b) Automatically generate lists of setup tasks in the correct sequence with dependencies highlighted. c) Automatically mark the status of tasks as Completed after they have been completed. d) Assign setup tasks to individuals with due dates where users must manually update their completion status. e) Centrally manage the close processes across subledgers and ledgers. 10. The budget managers specify the budget accounts they want to monitor and decide on percentage threshold of funds availability. Where must you define the details while analyzing budget balances in the Budget Account Monitor page? a) Budget Group b) Application Development framework Desktop Integral ion (ADFdi) c) Account Group d) Budget Controller e) Budget Account Group Solution: QUESTION: 01 QUESTION: 02 QUESTION: 03 QUESTION: 04 QUESTION: 05 Answer: a, b Answer: b Answer: b, c, d Answer: a Answer: a, c QUESTION: 06 QUESTION: 07 QUESTION: 08 QUESTION: 09 QUESTION: 10 Answer: c Answer: c, d Answer: a, c, d Answer: a, b, d Answer: c How to Register for 1Z0-1054-20 Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam? ●Purchase exam voucher from Oracle University ● Register for exam at PearsonVue or lOCSte a test center near you. 1Z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials 6