Free Access Oracle.1Z0-1054-21.v2022-07-31.q81 Practice Test (Page 4)

Question 11

You have a requirement for the Intercompany Provider and Receiver distribution accounts to be created automatically for all intercompany transactions.
What should you configure?

A.a Provider and Receiver distribution set

B.the AutoAccounting Definition

C.Intercompany transaction type default accounts

D.the Transaction Account Definition

Question 12

The budget managers specify the budget accounts they wantto 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.Account Group

B.Budget Group

C.Application Development Framework Desktop Integration (ADFdi)

D.Budget Account Group

E.Budget Controller

Question 13

Which two statements are true regarding the Intercompany Reconciliation Report?

A.This report Includes Ledger balancing lines generated when the Primary balanced Segment value
{BSV) is in balance, but either the second or third BSVs are not.

B.You can only drill down to the general ledger journal and then from there to the subledger: Journal transactions.

C.This report displays the intercompany receivables and intercompany payables balances Summary for a period

D.This report can be run using an additional Currency and conversion rate to converts all amount into a common Currency for comparison.

E.This report displays only the reconciled transactions, You need to further process automatic reconciliation to reconcile the unreconciled

Question 14

Your customer is planning to have three balancing segments for generating balance sheets and income statements at cost center segment and program segment levels.
Which tworecommendations would you give your customer? (Choose two.)

A.Additional intercompany rules will need to be defined for the two additional balancing segments

B.Every journal where debits do not equal credits across the three balancing segments will result in the system generating extra journal lines to balance the entry

C.Additional intercompany balancing and clearing options will need to be defined

D.When entering journals manually, the customer will need to make sure that debits and credits are equalacross all balancing segments because the system will not automatically balance the journal

Question 15

You need to integrate Fusion Accounting Hub with external source systems used for Billing. Identify the step that is not correct when implementing this integration.

A.Create the accounting in the source system and then import the journal entries into subledger accounting

B.Determine the accounting impact of transactions

C.Analyze external system transactions

D.Capture accounting events

Other Version: 1364Oracle.1Z0-1054-21.v2022-03-18.q38

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Question 11

Question 12

Question 13

Question 14

Question 15

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