Download Oracle Financials Cloud: General Ledger 2018 Implementation Essentials.1z0-1004.ExamLabs.2019-03-15.44q.tqb

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Vendor: Oracle
Exam Code: 1z0-1004
Exam Name: Oracle Financials Cloud: General Ledger 2018 Implementation Essentials
Date: Mar 15, 2019
File Size: 174 KB
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Demo Questions

Question 1
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?
  1. Use the General Ledger’s Calculation Manager to define an allocation definition to eliminate entries that you can generate every period
  2. Use the spreadsheet template that is accessed from the “Create Journal in Spreadsheet” task and import the spreadsheet with the eliminating entries every period
  3. There is no way to automate this process if the customer is not using Oracle Hyperion Financial Close Management
  4. Create a manual journal that includes the eliminating entries, and then create a copy of the journal batch every period
Correct answer: A
Question 2
Which reporting tool is best suited for submitting high-volume transactions reports, such as Invoice Registers or Trial Balance reports, that can be configured to extract the data in Rich Text Format or xml?
  1. Oracle Transactional Business Intelligence (OTBI)
  2. Business Intelligence Publisher (BI Publisher)
  3. Financial Reporting Center
  4. Smart View
  5. Oracle Data Visualization Cloud Service
Correct answer: B
Question 3
You are implementing Segment Value Security rules. Which two statements are true? (Choose two.)
  1. When you enable Segment Value Security on a segment, users will not be able to access any values until you grant access to users and products
  2. You can use hierarchies to define rules
  3. When you enable or disable Segment Value Security, you do not need to redeploy your chart of accounts
  4. The Segment Value Security rules do not take effect until you assign the rules to users and products
Correct answer: AB
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