Learn with Oracle : 1z0-1054-23 training material for 100% pass
Updated: Jun 01, 2026
No. of Questions: 52 Questions & Answers with Testing Engine
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Oracle Financials Cloud: General Ledger 2023 Implementation Professional Sample Questions:
1. Which three factors should you consider while specifying Intercompany System options?
A) Automatic or manual batch numbering and the maximum transaction amount
B) Whether to enforce an enterprise-wide currency or allow intercompany transactions in local currencies
C) Approvers who will approve intercompany transactions
D) Automatic or manual batch numbering and the minimum transaction amount
E) Whether to allow receivers to reject intercompany transactions
2. Which two statements are true about balances cubes in General Ledger?
A) They are updated automatically when the Revaluation process is run.
B) New dimensions can be added to a General Ledger balances cube.
C) They are updated automatically when the Translation process is run.
D) A new balances cube is created for a unique combination of ledger and currency.
E) They are updated automatically when the General Ledger period is opened.
3. You have redesigned your chart of accounts and need to update your existing cross-validation rules. There is a requirement for new rules; some simply need to be updated and others need to be deleted.
What is the most efficient way to achieve this?
A) by using the Manage General Ledger Security page.
B) by using the Manage Cross-Validation Rules page.
C) by creating Cross-Validation Rules desktop-integrated spreadsheet.
D) by using Cross-Validation Rules Import file-based data import (FBDI).
4. When will Intercompany processing balance a journal using the accounts identified here for the UK Ledger?
A) when the journal is not balanced by the primary balancing segment value (BSV)
B) when the journal is balanced by the primary BSV but not by second or third BSV
C) when the journal is balanced by second balancing segment value
D) when there is a many-to-many journal and you want to use a clearing company
5. Which delivered role can access the full functionality of Functional Setup Manager?
A) IT Security Manager
B) Any functional user
C) Functional Setup Manager Superuser
D) Application Implementation Consultant
E) Application Implementation Manager
Solutions:
| Question # 1 Answer: B,D,E | Question # 2 Answer: B,D | Question # 3 Answer: D | Question # 4 Answer: B | Question # 5 Answer: E |
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