Online Access Free 1z0-1054-24 Practice Test

You already ran Translation, but a last-minute adjusting journal entry in your ledger currency was entered and posted after you consolidated your results.
What is Oracle's recommended practice when this occurs?

• A.Enter another adjusting journal entry in the target currency to true up the balances.
• B.Translate only the adjusting journal entry.
• C.Rerun Revaluation and then rerun Translation.
• D.Rerun Translation and then reconsolidate your results.

When constructing a new chart of accounts instances, it has been decided to control the list of values within certain segments, with the use of related value sets.
When defining new related value sets, which three configuration steps should be considered?

• A.Order of the segments determines filtering sequence
• B.Order of the segments does not determine filtering sequence.
• C.Link two value sets together
• D.Use independent validation type value sets only
• E.Use table validated type value sets only
• F.Link multiple value sets together

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

Your company hascomplex consolidation requirementswithmultiple general ledger instances. You are usingOracle Hyperion Financial Managementto consolidate the disparateGeneral Ledgers.
You can typically map segments between yourgeneral ledger segmentto aHyperion Financial Management segment, such as:
* Company to Entity
* Department to Department
* Account to Account
What happens to segments in yoursource general ledger, such asProgram, thatcannot be mappedto Hyperion Financial Management?

• A.Data is summarized across segments that are not mapped to Hyperion Financial Management.
• B.Errors occur for unmapped segments. You must map multiple segments from source general ledgers to the target segment in Hyperion Financial Management.
• C.The unmapped segments default tofuture use segmentsin Hyperion Financial Management.
• D.The data is not transferred.

What are the tables or views from which the Create Accounting program takes source data that is used in rules to create journal entries?

• A.Accounting Attributes
• B.Transaction Objects
• C.Mapping Sets
• D.Event Entities