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Oracle Financials Cloud: General Ledger 2025 Implementation Professional Sample Questions (Q26-Q31):

NEW QUESTION # 26
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.

Answer:

Explanation:
See the Explanation for the complete Solution.
Explanation:
Here are the steps you need to follow:
* In the Setup and Maintenance work area, go to the following:
* Offering: Financials
* Functional Area: Financial Reporting Structures
* Task: Manage Shorthand Aliases
* Select the chart of accounts that you want to create the alias for. In this case, it is the Corporate chart of accounts.
* Click on the Add Row icon to create a new alias. Enter the following information:
* Alias Name: RevDom
* Account Template: 101-2000-400000-000-000-000
* Description: Revenue Domestic for Supremo Fitness, Line of Business 2, and US Operations Cost Center
* Enabled: Yes
* Start Date: Today's date
* End Date: Blank
* Click on the Save and Close button to save the alias.
You have successfully created a shorthand alias for the US Chart of Accounts. For more information, you can refer to the following resources:
* Account Aliases
* Enter a GL Account Alias
* Short Hand Alias in Fusion Financials Key Flexfield
* How to Enable Account Shorthand Aliases

NEW QUESTION # 27
Your company wants to change theCumulative Translation Adjustment (CTA) accountto record gains/losses from varying currency rates.
What steps must you perform to achieve this objective without causing data corruption?

A. Query the Translation journals and delete all of them, then change the CTA account in the Ledger page, and rerun Translation for all periods required.
B. Define a new ledger and accounting configuration. The CTA account cannot be updated after the ledger has been in use.
C. Open the Ledgers page and update the CTA account and then rerun Translation for all periods required.The system will automatically update the translated balances.
D. Purge all translated balances, change the CTA account in the Ledger page, and rerun Translation for all periods required.

Answer: D

NEW QUESTION # 28
You have exported data from your budgeting application into a .csv file.
What should you use to load that data into General Ledger?

A. File-based data import
B. Application Developer Framework desktop integrator
C. Enterprise Resource Budget Integrator
D. Budget journal spreadsheet

Answer: A

NEW QUESTION # 29
Your customer isexpanding its operations. You defined a newledgerand severalbusiness units. However, you areunable to assignthe newly generateddata rolesto existingAccounts Payables and Accounts Receivablesusers in the shared service center.
What should you do to correct the problem?

A. Open Access Policy Manager (APM) and assign the roles manually.
B. Open the Oracle Identity Management (OIM) and make sure the data roles were created.
C. Make sure you run the Retrieve Latest LDAP Changes program to regenerate the data roles.
D. Open the Manage Users page and make sure the employees at

Answer: A

NEW QUESTION # 30
Your Oracle Fusion Cloud client needs to store balances such as floor space, number of employees, quantities purchased for use in journal allocations, and financial reporting.
Currently, in their test environment, they are unable to record statistical amounts.
What is the reason?

A. The ledger currency does not have the derivation flag enabled.
B. The currency STAT does not have the ISO currency flag enabled.
C. The currency STAT does not have the statistical unit type enabled.

Answer: C

NEW QUESTION # 31
......

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1z0-1054-25 Reliable Cram Materials & Study 1z0-1054-25 Center

1z0-1054-25 Study Guide: Oracle Financials Cloud: General Ledger 2025 Implementation Professional & 1z0-1054-25 Dumps Torrent & 1z0-1054-25 Latest Dumps

Oracle Financials Cloud: General Ledger 2025 Implementation Professional Sample Questions (Q26-Q31):

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