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Download the Oracle 1z0-1054-22 exam dumps demo free of cost and explores the top features of Oracle 1z0-1054-22 Exam Questions and if you feel that the Oracle Financials Cloud: General Ledger 2022 Implementation Professional exam questions can be helpful in 1z0-1054-22 exam preparation then take your buying decision.<br>Oracle Financials Cloud: General Ledger 2022 Implementation Professional Sample Questions (Q119-Q124):<br>NEW QUESTION # 119 You need to create a boardroom ready month-end reporting package for an upcoming Audit Committee meeting. You have 10 Financial Reports that you want to share with executives and auditors that are nicely formatted.What are the two Oracle recommended ways to accomplish this? (Choose two.)<br>A. Use OTBI to create multiple reports that you save to a folder that only the users can access<br>B. Use BI Publisher to configure the reports and then use bursting to email the reports to the executives and Audit Committee<br>C. Using Workspace, assemble multiple reports into a book that can be printed and viewed individually as an entire book<br>D. Use a report batch to run reports at a specific time to create a set of snapshot reports<br>E. Create a Smartview report, where the various sheets represent the different Financial Statements and send them the spreadsheet<br>Answer: C,D<br>Explanation:According to Oracle documentation1, the two Oracle recommended ways to create a boardroom ready month-end reporting package for an upcoming Audit Committee meeting are using Workspace and using a report batch. Workspace enables you to assemble multiple reports into a book that can be printed and viewed individually or as an entire book. A report batch enables you to run reports at a specific time to create a set of snapshot reports. Therefore, options B and D are correct. Option A is incorrect because BI Publisher is not a tool to create financial reports. Option C is incorrect because Smartview is not a tool to create financial reports. Option E is incorrect because OTBI is not a tool to create financial reports.<br>NEW QUESTION # 120 Which AMX builder method is most effective in routing the journals to the Accounting Manager when his subordinate, The General Accountant, enters a journal?<br>A. Management Chain approval<br>B. Supervisory level approval<br>C. Cost center based approval<br>D. Dynamic Approval Groups<br>E. Approval Groups<br>Answer: B<br>Explanation:Supervisory level approval is the most effective AMX builder method for routing the journals to the Accounting Manager when his subordinate, The General Accountant, enters a journal. Supervisory level approval routes journals based on the management hierarchy defined in Human Capital Management (HCM). The Accounting Manager would be the direct supervisor of The General Accountant in HCM, and therefore would receive the journal for approval. Cost center based approval routes journals based on the cost center segment value of the journal lines. Dynamic Approval Groups routes journals based on user-defined conditions and approval groups. Management Chain approval routes journals based on user-defined management chains and approval levels. Approval Groups routes journals based on user-defined approval groups and rules. Reference: Oracle Financials Cloud: General Ledger 2022 Implementation Professional Objectives - Configure Journal Approval 12<br>NEW QUESTION # 121 The current implementation project covers Financials (with Fixed Assets and Expenses) with operations planned in three countries (USA, Italy, and India).Which three labels are required when designing the chart of account structure for this project? (Choose three.)<br>A. Intercompany Segment<br>B. Natural Account<br>C. Primary Balancing<br>D. Cost center<br>E. 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The Intercompany Segment label is not required when designing the chart of account structure for this project, as this is an optional label for the segment that identifies intercompany transactions between different legal entities or business units within the same enterprise. The Secondary Balancing label is not required when designing the chart of account structure for this project, as this is an optional label for the segment that identifies an additional balancing dimension other than the primary balancing segment, such as fund or region. Reference: Oracle Financials Cloud: General Ledger 2022 Implementation Professional Objectives - Define Chart of Accounts 12<br>NEW QUESTION # 122 You are implementing Segment Value Security rules. Which two statements are true? (Choose two.)<br>A. When you enable Segment Value Security on a segment, users will not be able to access any values until you grant access to users and products<br>B. The Segment Value Security rules do not take effect until you assign the rules to users and products<br>C. When you enable or disable Segment Value Security, you do not need to redeploy your chart of accounts<br>D. You can use hierarchies to define rules<br>Answer: A,D<br>Explanation:You can use hierarchies to define segment value security rules by selecting a parent value and specifying whether to include or exclude its children values1. The segment value security rules do not take effect until you assign the rules to users and products using the Security Console2.<br>NEW QUESTION # 123 You are creating financial statements and want to have charts, such as a bar graph, automatically inserted to improve the understanding financial results. How would you achieve this?<br>A. When viewing the report, download to Excel and use Excel's Charting features to create your bar graph<br>B. Use Account Inspector that automatically creates graphs on financial balances<br>C. 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