Online Access Free 1z0-1054-25 Practice Test

You have a requirement to override the Period End or Period Average rate that is used for translating several accounts at month end. How can you achieve this?

• A.Use the Manage Revaluations task to create a revaluation definition for those accounts.
• B.Use the Translate Balances process parameters to specify the rate or amount for those accounts.
• C.Use the Manage Historical Rates task to assign a historical rate or amount to those accounts.

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

• A.Full access
• B.Read and Write access
• C.Read Only access
• D.Full Ledger
• E.Primary Balancing Segment Value

You have enabled budgetary control and have a control budget set toAdvisorycontrol level. For September
2016, your budget for a given account combination is$5,000 USD.
In the same month, there is anapproved requisitionfor that account of$900and anapproved purchase orderfor that account of$2,500 USD. There is also aGeneral Ledger adjustment journal entryfor that account of$1,600 USD. Anapproved purchase order line of $400 USDis thencanceled.
Aninvoice is matchedto the purchase order for$2,100 USD.
Which two statements are true? (Choose two.)

• A.Purchase order encumbrance will be released for $2,100 USD.
• B.The system always consumes the budget of future periods if the limit for the current period is expired, so October 2016 budget will be considered for reservation.
• C.As there are cancellations for $400 USD, the system will partially reserve the funds in September 2016 and fully reserve it in October 2016.
• D.Funds reservation only happens for non-matched invoices, so the system will not reserve funds.

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.

Note:
* Prefix your alias name with 07, where 07 is your exam ID.
* There is no Product or Intercompany impact.

TheDelete Translated Balancesprocess provides the ability to completely reset translations in the event thatsignificant changesare made to the accounting configuration.
Once the deletion process completes, what additional process must you run?

• A.Submit the Update General Ledger Balances Cube process to ensure that the balances cube maintains translated balances that are consistent with future translations.
• B.Submit the Create Scenario Dimension Members process to ensure that the balances cube maintains translated balances that are consistent with future translations.
• C.Submit the Create General Ledger Balances Cube process to ensure that the balances cube maintains translated balances that are consistent with future translations.
• D.Submit the Create Currency Dimension Members process to ensure that the balances cube maintains translated balances that are consistent with future translations.