1z0-1054-25 Exam Dumps - Oracle Financials Cloud: General Ledger 2025 Implementation Professional

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Question # 9

Budgetary control for accounts 5020 and 5021 has a budget of $90,000 USD each for the year 2012. The accounts also have balances on obligation of $10,000 USD for each and an expenditure of $20,000 USD for each.

A Fund of $50,000 USD is available for account 5020 only. You have run the Encumbrance Year End Carry Forward process for obligation from the last period of the year 2012 to the first period of year 2013.

Which statement is true?

If you have included 5020 and 5021 in the encumbrance rule, then only the obligation of $10,000 USD will be carried forward.

The Encumbrance Year End Carry Forward process will run for all the accounts to carry forward the general ledger balances.

If you have included 5020 and 5021 in the encumbrance rule, then obligation $10,000 USD and expenditure $20,000 USD only will be carried forward.

If you have included 5020 and 5021 in the encumbrance rule, then budget balances $90,000 USD, obligation $10,000 USD, and expenditure $20,000 USD only will be carried forward.

If you have included 5020 and 5021 in the encumbrance rule, then budget balances $90,000 USD, obligation $10,000 USD, and expenditure $20,000 USD, and the funds available $50,000 USD will be carried forward.

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Question # 10

When creating your financial statements, you want a chart such as a bar graph to be included in the report output. Which two reporting tools allow you to achieve this?

Smart View

Financial Reporting Studio

Account Inspector

Financial Statement Generator

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Question # 11

Which two statements are true if a journal description rule is defined with sources?

The description rule may be assigned to either the header or line level, or to both.

The description rule can only be assigned to the journal line level.

You cannot assign journal description rules to sources.

The description rule can only be assigned to the header or line level.

The sources must also be assigned to the accounting event class that is assigned to the journal entry rule set.

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Question # 12

You want to automatically post journal batches imported from subledger sources to prevent accidental edits or deletions of the subledger sources journals, which could cause an out-of-balance situation between your subledgers and general ledger.

Which two aspects should you consider when defining your AutoPost Criteria?

Schedule your AutoPost Criteria set to run during off-peak hours only.

Use the All option for category and accounting period to reduce maintenance and ensure that all imported journals are included in the posting process.

Create your AutoPost criteria using minimal sources and categories.

Include all of your subledger sources in the AutoPost Criteria. Divide up criteria sets by subledger source only if you need to schedule different posting times.

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Question # 13

Your userforgot the password. How do you resolve this?

Use the Manage Users page to update the user's information and change the password.

Create a new user ID and password for the user.

Use Oracle Identity Management (OIM) to reset the user's password.

Use Access Policy Manager (APM) to reset the user's password.

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Question # 14

For translation purposes, the Financials reporting team has decided to load the monthly Historical currency rates by using File-Based Data Interface (FBDI).

What happens to the existing historical rate for a specific ledger, currency, account combination, and accounting period if they use insert in the spreadsheet?

Historical rates are converted into an average rate (original and new rate).

The existing historical rate is deleted.

Nothing, existing historical rates are not updated.

The historical rate is replaced.

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Question # 15

You are trying to run a Financial Reporting Web Studio report from Financial Reporting Center. However, it is not appearing as a choice.

Which are two reasons for this? (Choose two.)

You have not saved it in the MyFolders directory.

You have not saved it in the Shared Folder/Custom/Financials directory.

You have not uploaded it to Financial Reporting Center.

You have not downloaded the report to your local drive.

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Question # 16

Challenge 2

Manage Shorthand Aliases

Scenario

Your client intends to utilize the Shorthand Alias feature and would like to see how the aliases will appear when entering transactions.

Task 2

Create a shorthand alias for the US Chart of Accounts to record Revenue Domestic for Supremo Fitness, Line of Business 2, and US Operations Cost Center.