Free Oracle 1Z1-1054 Exam Dumps Questions & Answers

Journal Description Rules are assigned to Subledger Journal Entry Rule Sets.
What are the other three subcomponents of a Subledger Journal Entry Rule Set? (Choose three.)

• A.  Supporting References
• B.  Chart of Accounts
• C.  Account Rules
• D.  Journal Line Rules
• E.  Accounting Date

The Delete Translated Balances process provides the ability to completely reset translations in the event that significant changes are made to the accounting configuration.
Once the deletion process completes, what additional process must you run?

• A.  Submit the Create Currency Dimension Members process to ensure that the balances cube maintains translated balances that are consistent with future translations.
• B.  Submit the Update General Ledger Balances Cube process to ensure that the balances cube maintains translated balances that are consistent with future translations.
• C.  Submit the Create General Ledger Balances Cube process to ensure that the balances cube maintains translated balances that are consistent with future translations.
• D.  Submit the Create Scenario Dimension Members process to ensure that the balances cube maintains translated balances that are consistent with future translations.

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.  Application Development Framework Desktop Integration (ADFdi)
• B.  Budget Group
• C.  Budget Account Group
• D.  Account Group
• E.  Budget Controller

You already ran Translation, but a last-minute adjusting journal entry in your ledger currency was entered after you consolidated your results. What is Oracle's recommended practice when this occurs?

• A.  Rerun Translation and then reconsolidate your results
• B.  Enter another adjusting journal entry in the target currency to true up the balances
• C.  Translate only the adjusting journal entry
• D.  Rerun Revaluation and then rerun Translation

Encumbrance accounting is enabled for your ledger. An encumbrance journal dated 3/15/16 was recorded for a purchase order.
The invoice was entered on 5/5/16, but the invoice accounting date was 4/20/16. The encumbrance journal for liquidating the purchase order encumbrance is dated 5/5/16.
What is causing this?

• A.  The prior related transaction accounting date was set up under the encumbrance accounting Default Date Rule
• B.  The actual accounting date was set up under the encumbrance accounting Default Date Rule
• C.  The current transaction accounting date was set up under the encumbrance accounting Default Date Rule
• D.  The subledger accounting option is set to system date
• E.  The system date was set up under the encumbrance accounting Default Date Rule