Oracle Fusion General Ledger Certification:1Z0-1054-20

QUESTION 21
Your customer is expanding its operations. You defined a new ledger and several business units. However, you are unable to assign the newly generated data roles to existing Accounts Payables and Accounts Receivables users in the shared service center.
What should you do to correct the problem?

 

Option's:
A.    Open the Oracle Identity Management (OIM) and make sure the data roles were created.
B.    Open the Manage Users page and make sure the employees at
C.    Open Access Policy Manager (APM) and assign the roles manually
D.    Make sure you run the Retrieve Latest LDAP Changes program to regenerate the data roles.

Answer: C

Answer Explanation: Open Access Policy Manager (APM) and assign the roles manually if we are unable to assign the newly generated data roles to existing Accounts Payables and Accounts Receivables users in the shared service center.

QUESTION 22
You need to distribute departmental expense reports to l00 department managers in your organization. The report format is the same, but the department values differ.
What in the most efficient way to achieve this?

 

Option's:

A.  Set the Department segment as a User Point of View (POV) and submit a report batch and schedule it: to run for every department. Send the different batch outputs as PDF attachments via email to different users.
B.  Create a single report for all departments. When department managers log in to Financial Reporting Center, they will only be able to view their department's data based on Segment Value Security Rules.
C.  Set up Bursting Options for your batch to prepare multiple versions of a report from a single process.
D.  When defining the report, make the Department Segment a prompt and when users view the report, they can change the prompt to their department.

Answer: D

Answer Explanation:  When defining the report, make the Department Segment a prompt and when users view the report, they can change the prompt to their department for dynamical print department values in expense reports.

QUESTION 23
Which two types of journals can be automatically routed through the journal approval process?

 

Option's:
A.    Allocation journals
B.    Revaluation journals
C.    Manual journals
D.    Sub ledger journals
E.    Journals imported from third-party systems 

 

Answer: C,E

Answer Explanation:  Manual journals & Journals imported from third-party systems are the two types of journals can be automatically routed through the journal approval process.

QUESTION 24
Your customer has many eliminating entries to eliminate intercompany balances. The General Ledge does not include a purpose-built Consolidation feature.
How would you automate the process of creating eliminating entries, assuming your customer is not using Oracle Hyperion Financial Close Management?

 

Option's:
A.    Use the spreadsheet template that is accessed from the "Create Journal in Spreadsheet" task and import the spreadsheet with the eliminating entries every period.
B.    Use the General Ledger's Calculation Manager to define an allocation definition to eliminate entries that you can generate every period.
C.    There is no way to automate this process if the customer is not using Oracle Hyperion Financial Close Management.
D.    Create a manual journal that includes the eliminating entries, and then create a copy of the Journal batch every period.

Answer: C

Answer Explanation: This is not possible without using the Hyperion. There is no way to automate this process if the customer is not using Oracle Hyperion Financial Close Management