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    Oracle Financials Cloud: General Ledger 2022 Implementation Professional certification exam is intended for professionals who have experience in implementing and managing general ledger modules in the Oracle Financials Cloud. Oracle Financials Cloud: General Ledger 2022 Implementation Professional certification is ideal for individuals who are responsible for setting up and managing the financial accounting and reporting system in their organizations. It is also suitable for professionals who are seeking to advance their career in financial management and accounting.

    Oracle 1z0-1054-22 exam is designed for professionals who want to demonstrate their expertise in implementing and configuring the Oracle Financials Cloud General Ledger module. 1z0-1054-22 exam is part of the Oracle Financials Cloud Implementation Specialist certification and is intended for individuals who have a strong understanding of accounting principles and experience with financial systems. Passing 1z0-1054-22 exam validates that the candidate has the skills and knowledge required to implement and configure the Oracle Financials Cloud General Ledger module.

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    1z0-1054-22 Best Practice - 1z0-1054-22 Exam Collection Pdf

    1z0-1054-22 preparation materials will be the good helper for your qualification certification. We are concentrating on providing high-quality authorized 1z0-1054-22 study guide all over the world so that you can clear exam one time. 1z0-1054-22 reliable exam bootcamp materials contain three formats: PDF version, Soft test engine and APP test engine so that our products are enough to satisfy different candidates' habits and cover nearly full questions & answers of the real test.

    Oracle 1z0-1054-22, also known as the Oracle Financials Cloud: General Ledger 2022 Implementation Professional certification exam, is the latest certification offered by Oracle for professionals interested in implementing and managing Oracle Financials Cloud: General Ledger solutions. Oracle Financials Cloud: General Ledger 2022 Implementation Professional certification exam is designed to validate the skills and knowledge required to successfully implement general ledger solutions that meet the needs of organizations in accordance with best practices.

    Oracle Financials Cloud: General Ledger 2022 Implementation Professional Sample Questions (Q76-Q81):

    NEW QUESTION # 76
    Which tool can you use to create a Financial Income Statement?

    • A. Rapid Implementation Enterprise Structures setup
    • B. Account Inspector
    • C. PS/nVision
    • D. One View Reporting

    Answer: B


    NEW QUESTION # 77
    Your customer has many eliminating entries to eliminate intercompany balances. The General Ledger 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?

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

    Answer: A

    Explanation:
    The Calculation Manager is a tool that enables you to create and manage allocation definitions that can be used to automate the process of creating eliminating entries for intercompany balances. You can use the Calculation Manager to define allocation rules, formulas, drivers, and conditions for your eliminating entries. You can also schedule the allocation definitions to run every period or on demand1.


    NEW QUESTION # 78
    You want to monitor the close process of all your financial subledgers and ledgers. How can you quickly obtain this information?

    • A. Use Close Monitor in General Accounting Dashboard
    • B. Use the Manage Accounting Periods page to view the status of all subledgers and ledgers
    • C. Access each subledgers' calendar and General Ledger's Manage Accounting Periods page to view the status of each period
    • D. Run Closing Status reports

    Answer: A

    Explanation:
    "Close Monitor provides a centralized place to monitor and manage your close process across subledgers and ledgers. You can view the status of each subledger and ledger period, drill down to subledger details, and take action on open periods." Therefore, this is the best way to quickly obtain information about the close process of all your financial subledgers and ledgers.


    NEW QUESTION # 79
    Management wants to use the budget transfer function available on the Review Budgetary Control Balances page. Which privilege is required to perform the budget transfer?

    • A. Manage Control Budgets (XCC_MANAGE_CONTROL_BUDGETS_PRIV)
    • B. Import Budget Amounts (XCC_IMPORT_BUDGET_PRIV)
    • C. Budget Loading (XCC_BUDGET_LOADING_DUTY_PRIV)
    • D. Import Budget Amounts from Spreadsheet (XCC_IMPORT_BUDGET_FROM_SPREADSHEETS_PRIV)

    Answer: B


    NEW QUESTION # 80
    You want your sales representatives to be able to find points of interest, such as customers, while out on business. What should you enable to achieve this?

    • A. Geocoding
    • B. Address Cleansing
    • C. Validation
    • D. HZ_GEO_IDENTIFIER_SUBTYPE Lookup

    Answer: A

    Explanation:
    According to Oracle documentation1, you should enable geocoding to achieve the requirement of finding points of interest, such as customers, while out on business. Geocoding is the process of assigning geographic coordinates to a physical address. Geocoding enables you to use maps and location-based services to find and visualize points of interest. Therefore, option B is correct. Option A is incorrect because HZ_GEO_IDENTIFIER_SUBTYPE Lookup is not a feature that enables finding points of interest. Option C is incorrect because validation is not a feature that enables finding points of interest. Option D is incorrect because address cleansing is not a feature that enables finding points of interest.


    NEW QUESTION # 81
    ......

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