Latest Mar 09, 2026 Real 1z0-1054-24 Exam Dumps Questions Valid 1z0-1054-24 Dumps PDF [Q51-Q68]

Latest Mar 09, 2026 Real 1z0-1054-24 Exam Dumps Questions Valid 1z0-1054-24 Dumps PDF [Q51-Q68]

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Latest Mar 09, 2026 Real 1z0-1054-24 Exam Dumps Questions Valid 1z0-1054-24 Dumps PDF

Oracle 1z0-1054-24 Exam Dumps – PDF Questions and Testing Engine

Oracle 1z0-1054-24 Exam Syllabus Topics:

Topic Details
Topic 1
  • Configuring Ledgers: This section of the exam measures the skills of an Implementation Consultant and focuses on setting up and maintaining ledgers. It explains managing ledger configurations, understanding the General Ledger balances cube for reporting purposes, and applying security controls to protect ledger data and ensure proper access management.
Topic 2
  • Using Financial Reporting: This section of the exam measures the skills of an Implementation Consultant and covers the use of financial reporting tools in Oracle Financials Cloud. It explains how to work with the Financial Reporting Center, create and manage reports using Financial Reporting Web Studio, use Oracle Transactional Business Intelligence (OTBI), leverage Smart View for reporting, and utilize the General Accounting Dashboard. It also describes analyzing budgets versus actuals with these tools.
Topic 3
  • Managing Period Close Components: This section of the exam measures the skills of a Financial Consultant and covers activities necessary to complete a successful period close. It explains managing revaluations, translations, and consolidations, handling reconciliations, configuring the Close Monitor to track period close status, and creating allocations and periodic journal entries needed for finalizing accounting records.
Topic 4
  • Processing Journals: This section of the exam measures the skills of a Financial Consultant and covers the processes involved in capturing and managing journals. It explains how to configure journal approval workflows, outlines methods for entering journals, discusses average daily balance processing, and details the configuration and processing of intercompany transactions.
Topic 5
  • Configuring Enterprise and Financial Reporting Structures: This section of the exam measures the skills of an Implementation Consultant and covers the setup of enterprise structures necessary for financial reporting. It includes configuring the chart of accounts, setting up account hierarchies, managing accounting calendars, securing chart of accounts segments, and handling legal jurisdictions, authorities, legal entities, geographies, and currencies to support an organization’s financial operations.

 

QUESTION 51
You have a requirement to have invoices generated for certain Intercompany transactions.
Where do you enable invoicing?

 
 
 
 

QUESTION 52
What are two uses of the Column Flattening and Row Flattening features? (Choose two.)

 
 
 
 
 

QUESTION 53
Which delivered role can access the full functionality of Functional Setup Manager?

 
 
 
 
 

QUESTION 54
You are implementing amultipillarimplementation of bothHCM CloudandERP Cloud. You are implementingERP first, followed byHCM Cloud. You want to ensure yourledgers and chart of accounts are correctly defined.
What should you do? (Choose three.)

 
 
 
 
 

QUESTION 55
Which two are valid Data Access Set types? (Choose two.)

 
 
 
 
 

QUESTION 56
You are setting upClose Monitor, which comprises aledger set hierarchy definition.
Which two components of theenterprise structureshould the ledgers in the ledger set share?

 
 
 
 
 

QUESTION 57
You need to set up a calendar for the year Apr-XX to Mar-YY where YY is the following year, and you would like the periods to be named according to the year they fall in.
What format should you choose?

 
 
 
 

QUESTION 58
There is a business requirement for a subsidiary company to report to the parent company on a monthly basis.
Given that:
The subsidiary is in another country from the parent.
There is no requirement to have daily balances.
The objective is to minimize the data stored in the reporting currency.
Which data conversion level should you recommend?

 
 
 
 
 

QUESTION 59
You attempt to activate a tree version, but the audit process fails. In which two ways can you resolve this?

 
 
 
 
 

QUESTION 60
You have just been hired to add a new subsidiary to the corporate enterprise structure in the customer’s Oracle Fusion Cloud.
The subsidiary will capture transaction information from subledgers in the local currency and under International Financial Reporting standards (IFRS) and local GAAP for corporate reporting requirements, which will report via the use of a secondary ledger.
The secondary ledger is used only at period end; there is no need to have real-time transaction or Journal details. It is noted that most of the accounting between IFRS and Corporate GAAP is similar.
Which conversion level would you recommend to keep a thin secondary ledger?

 
 
 
 

QUESTION 61
Your customer uses Financials Cloud, Projects, Inventory, and SCM.
Which two statements are true regarding intercompany accounting for these products? (Choose two.)

 
 
 
 

QUESTION 62
On a primary ledger in the system options close section, the following field has been selected ‘Prevent General Ledger Period Closure When Open Subledger Periods Exist’.
For which three subledgers can you opt out of the period close checking feature by using the lookup ORA_GL_INCLD_STRICT_PRD_CLOSE? (Choose three.)

 
 
 
 
 

QUESTION 63
You have three ledgers that use the same chart of accounts with one intercompany payable and one intercompany receivable account. The chart of accounts also has an intercompany segment. Each ledger has one legal entity assigned to it and each legal entity is associated with one balancing segment value.
At what level should you define the default intercompany balancing rule?

 
 
 
 

QUESTION 64
Which two statements are true regarding the export/import of reports?

 
 
 
 
 

QUESTION 65
You have set up asupporting reference with balancesto capturerevenue by account manager.
Which option should you use to view thesupporting reference balances?

 
 
 
 

QUESTION 66
You are implementingFinancials Cloudand are usingspreadsheetsto loadLegal Entities, Business Units, and Account Hierarchies.
Which threesetup objectscan be loaded via aspreadsheetfromFunctional Setup Manager?

 
 
 
 
 

QUESTION 67
In which two ways can your users personalize the Springboards and Work Areas to suit their individual working styles? (Choose two.)

 
 
 
 

QUESTION 68
Which two statements are true regarding the Intercompany Reconciliation Report? (Choose two.)

 
 
 
 
 

Reliable Oracle Financials Cloud 1z0-1054-24 Dumps PDF Mar 09, 2026 Recently Updated Questions: https://www.trainingdump.com/Oracle/1z0-1054-24-practice-exam-dumps.html

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