Pass with professional 1Z0-1054-21 actual quiz materials

You entered a journal and the client is asking for the following information: - the current Account balance - What the future account balance will be if the Journal is approved and poste how will you get this information?

• A. Query the account balance online
• B. Run a Trial Balance before and after posting
• C. Use Oracle Transactional Business Intelligence (OTBI) to query General Ledger Balances
• D. View the Projected Balances region in the create Journals page.

You need to distribute departmental expense reports to l00 department managers in your organization.
The report format is the same, but the department values differ. What in the most efficient way to achieve this?

• A. When defining the report, make the Department Segment a prompt and when users view the report, they can change the prompt to their department
• B. Set the Department segment as a User Point of View (POV) and submit a report batch and schedule it:
  to run for every department. Send the different batch outputs as PDF attachments via email to different users.
• C. Create a single report for all departments. When department managers log in to Financial Reporting Center, they will only be able to view their department's data based on Segment Value Security Rules.
• D. Set up Bursting Options for your batch to prepare multiple versions of a report from a single process

You have exported data from your budgeting application into a .csv file.
What should you use to load that data into General Ledger?

• A. Enterprise Resource Budget Integrator
• B. File Based Data Import
• C. Application Developer Framework Desktop Integrator
• D. The budget journal spreadsheet

All of your subsidiaries reside on the same application instance, but some of them require a different chart of accounts and/or accounting calendar and currency. There is no minority interest or partial ownerships. What is Oracle's recommended approach to performing consolidations?

• A. Translate balances to the corporate currency, create a chart of accounts mapping to the corporate chart of accounts, then transfer balances to the corporate consolidation ledger using the balance transfer program
• B. Translate balances to the corporate currency for ledgers not in the corporate currency, use General Ledger's Financial Reporting functionality to produce consolidated reports by balancing segment where each report represents a different subsidiary.
• C. Use Oracle Hyperion Financial Management for this type of complex consolidation.
• D. Create separate ledgers for each subsidiary that shares the same chart of accounts, calendar, currency, and accounting method. Create a separate elimination ledger to enter intercompany eliminations. Then creates a ledger set across all ledgers and report on the ledger set.

You want to specify Intercompany System Options. Which three factors should you consider? (Choose three.)

• A. the approvers who will approve intercompany transactions
• B. whether to allow receivers to reject intercompany transactions
• C. automatic or manual batch numbering and the maximum transaction amount
• D. whether to enforce an enterprise-wide currency or allow intercompany transactions in local currencies
• E. automatic or manual batch numbering and the minimum transaction amount