Free Oracle 1z0-1054-23 Exam Dumps Questions & Answers

Which two statements are true regarding the Translation process? (Choose two.)

• A.  The Translation process can only be used to translate balance sheet accounts.
• B.  Any resulting offset from the translation is entered in the Cumulative Translation Adjustment account.
• C.  If necessary, before submitting the Translation process, the Revaluation process should be completed.
• D.  The Translation process can only be used for translating the balances of Secondary ledgers.
• E.  The Translation process should be run before posting Period Close adjustment entries.

You notice that a lot of erroneous address data is being saved. How do you ensure that only valid addresses are entered in the system?

• A.  Define the Geography Validation for Country option to No Validation.
• B.  Redefine the geography hierarchy.
• C.  Redefine the location structure.
• D.  Define the Geography Validation for Country option to Error.

You have redesigned your chart of accounts and need to update your existing cross-validation rules. There is a requirement for new rules; some simply need to be updated and others need to be deleted.
What is the most efficient way to achieve this?

• A.  by using the Manage Cross-Validation Rules page.
• B.  by using the Manage General Ledger Security page.
• C.  by using Cross-Validation Rules Import file-based data import (FBDI).
• D.  by creating Cross-Validation Rules desktop-integrated spreadsheet.

You can run predefined reports to reconcile subledger application balances to General Ledger balances. Which attribute must you set up on the Manage Values page for chart of accounts segment values so that you can run the Payables to General Ledger Reconciliation report or Receivables to General Ledger Reconciliation report?'

• A.  Third Party Control Account
• B.  End Date
• C.  Financial Category
• D.  Start Date
• E.  Reconcile

Users with the General Accountant job role have reported that they are unable to access the UK Ledger. They require read/write access to the full ledger. The accounting configuration completed successfully.
What should you do to allow access to the ledger?

• A.  Create a data access set that allows access to the UK Ledger.
• B.  Assign the General Accounting Manager role to those users.
• C.  Assign the security context value of UK Ledger to the user/role combination.
• D.  Assign the UK reference set to the user/role combination.