High pass rate

Owing to the industrious dedication of our experts and other working staff, our study materials grow to be more mature and are able to fight against any difficulties. Our 1z0-1054-23 preparation exam have achieved high pass rate in the industry, and we always maintain a 99% pass rate with our endless efforts. We have to admit that behind such a starling figure, there embrace mass investments from our company. Since our company’s establishment, we have devoted mass manpower, materials and financial resources into 1z0-1054-23 exam materials: Oracle Financials Cloud: General Ledger 2023 Implementation Professional and until now, we have a bold idea that we will definitely introduce our study materials to the whole world and make all people that seek fortune and better opportunities have access to realize their life value. Our 1z0-1054-23 practice questions, therefore, is bound to help you pass though the exam and win a better future. We will also continuously keep a pioneering spirit and are willing to tackle any project that comes your way.

Fast delivery service

To keep with the fast-pace social life, we make commitment to all of our customers that we provide the fastest delivery services for your time consideration. As most of the people tend to use express delivery to save time, our 1z0-1054-23 preparation exam will be sent out within 5-10 minutes after purchasing. As long as you pay at our platform, we will deliver the relevant exam materials to your mailbox within the given time. Our company attaches great importance to overall services, if there is any problem about the delivery of 1z0-1054-23 exam materials: Oracle Financials Cloud: General Ledger 2023 Implementation Professional, please let us know, a message or an email will be available.

Under the tremendous stress of fast pace in modern life, sticking to learn for a Oracle certificate becomes a necessity to prove yourself as a competitive man. Nowadays, people in the world gulp down knowledge with unmatched enthusiasm, they desire new things to strength their brains. Our 1z0-1054-23 practice questions have been commonly known as the most helpful examination support materials and are available from global internet storefront. After years of unremitting efforts, our 1z0-1054-23 exam materials: Oracle Financials Cloud: General Ledger 2023 Implementation Professional and services have received recognition and praises by the vast number of customers. An increasing number of candidates choose our study materials as their exam plan utility. There are some advantages as follows.

DOWNLOAD DEMO

Team of experts and responsible staff

We carry forward the spirit of "firm & indomitable, developing & innovative, achieving the first class", serving customers with all our heart and soul. Our 1z0-1054-23 preparation exam have assembled a team of professional experts incorporating domestic and overseas experts and scholars to research and design related exam bank, committing great efforts to work for our candidates. Most of the experts have been studying in the professional field for many years and have accumulated much experience in our 1z0-1054-23 practice questions. Our company is considerably cautious in the selection of talent and always hires employees with store of specialized knowledge and skills. All the members of our experts and working staff maintain a high sense of responsibility, which is why there are so many people choose our 1z0-1054-23 exam materials: Oracle Financials Cloud: General Ledger 2023 Implementation Professional and to be our long-term partner.

Oracle 1z0-1054-23 Exam Syllabus Topics:

Oracle Financials Cloud: General Ledger 2023 Implementation Professional Sample Questions:

Question 1

You have just been hired to add a new subsidiary to the corporate enterprise structure in the customer's Oracle Fusion Cloud.
The subsidiary will capture transaction information from subledgers in the local currency and under International Financial Reporting standards (IFRS) and local GAAP for corporate reporting requirements, which will report via the use of a secondary ledger.
The secondary ledger is used only at period end; there is no need to have real-time transaction or Journal details. It is noted that most of the accounting between IFRS and Corporate GAAP is similar.
Which conversion level would you recommend to keep a thin secondary ledger?

A. Journal ledger
B. Balance level
C. Sub-ledger level.
D. Adjustment only

Question 2

A company implementing Oracle General Ledger has a business requirement to report under two accounting conventions and is considering setting up a primary and secondary ledger. The two accounting standards are very close.
Which data conversion level should you recommend to ensure only manual journals will be entered in the secondary ledger?

A. Subledger level
B. Journal level
C. Balance level
D. FBDI level
E. Adjustment only level

Question 3

Which three factors should you consider while specifying Intercompany System options?

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

Question 4

A subsidiary company is about to configure their General Ledger in a highly regulated country where there is a legal requirement to produce fiscal reports under local GAAP. Subledgers transferring to General Ledger must use the local currency, and there is a requirement to report to the parent company (not local currency) using International Financial Reporting Standards (IFRS).
Which two ledger types should be configured to fulfill this reporting requirement?

A. Reporting currency with the IFRS accounting convention
B. Primary ledger with the local accounting convention
C. Reporting currency with the local accounting convention
D. Primary ledger with the IFRS accounting convention
E. Secondary ledger with the IFRS accounting convention

Question 5

You need to set up a calendar for the year Apr-XX to Mar-YY where YY is the following year, and you would like the periods to be named according to the year they fall in.
What format should you choose?

A. Fiscal Year
B. Calendar Year
C. Period
D. Year

Solutions: