Vendor: Oracle
Exam Code: 1Z0-1054-20
Exam Name: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials
Certification: Oracle Certifications
Total Questions: 55 Q&A ( View Details)
Updated on: Mar 01, 2025
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You are defining an income statement report using Financial Reporting Studio. Users of the report need to be able to analyze the balances directly from the report.
What should you enable to allow this?
A. Nothing. All report are drillable
B. Drill Through in Grid Properties
C. Drill Down in Report Functions
D. Allow Expansion in Report Functions
You are using Oracle General Ledger (GL), Oracle Payables and Oracle Receivables and would like to prevent the closure of the GL period if the corresponding subledger period is not closed.
How will you achieve this?
A. Opt in to the Prevent Period Close option for the offering
B. Set the relevant option on the Specify Ledger Options page
C. Nothing, this option is enabled automatically
D. Set the ORA_GL_INCLD_STRICT_PRD_CLOSE profile option to yes
Most of the accounting entries for transactions from your source system use TRANSACTION_AMOUNT as a source of the entered amount accounting attribute. For some events, you need to use TAX_AMOUNT as the source.
At what level can you override the default accounting attribute assignment?
A. Event Type
B. Journal Line Rule
C. Journal Entry
D. Event Class
E. Journal Entry Rule Set
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