Many people know getting Oracle certification is very useful for their career but they fear failure because they hear it is difficult. Now I advise you to purchase our 1Z0-1054-21 premium VCE file. If you are not sure you can download our 1Z0-1054-21 VCE file free for reference. Please trust me if you pay attention on our 1Z0-1054-21 dumps VCE pdf you will not fail. We can guarantee you pass 1Z0-1054-21 exam 100%.

Why do we have this confidence to say that we are the best for 1Z0-1054-21 exam and we make sure you pass exam 100%? Because our premium VCE file has 80%-90% similarity with the real Oracle 1Z0-1054-21 questions and answers. Once you finish our 1Z0-1054-21 dumps VCE pdf and master its key knowledge you will pass 1Z0-1054-21 exam easily. If you can recite all 1Z0-1054-21 dumps questions and answers you will get a very high score. Our standard is that No Help, Full Refund. No pass, No pay.

Instant Download: Our system will send you the 1Z0-1054-21 braindumps file you purchase in mailbox in a minute after payment. (If not received within 12 hours, please contact us. Note: don't forget to check your spam.)

Oracle Financials Cloud: General Ledger 2021 Implementation Essentials Sample Questions:

1. What Is Oracle Essbase?

A) A multidimensional Online Analytical Processing (OLAP) server that is embedded in Fusion GeneralLedger
B) A robust reporting and analysis tool
C) A data ware house
D) A relational database

2. You are using budgetary control. You have an open purchase order for $500 USD, and an invoice for
$300 is matched to the purchase order. What will be the funds status of the purchase order and the invoice?

A) The purchase order is Partially Liquidated and the invoice is Partially Reserved
B) The purchase order is Partially Liquidated and the invoice will be Reserved
C) Both are reserved
D) The purchase order is Open and the invoice is Validated
E) The purchase order is Liquidated and the invoice is Partially Reserved

3. You create an invoice for USD 100 that is matched to a purchase order of USD 100. You validate the invoice to consume the budget and reduce funds available. And then later, you cancel invoice. What happened to funds available when you cancel and invoice that requires budgetary control?

A) funds Available will change when the invoice is approved
B) The Budget will increase by USD 100 ad the funds available will decrease by USD 100
C) The funds reserved for the purchase order is reinstated while the invoice expenditure is reversed by USD 100
D) The Budget and funds available will increase by USD 100.

4. You need to integrate Fusion Accounting Hub with external source systems used for Billing. Identify the step that is not correct when implementing this integration.

A) Create the accounting in the source system and then import the journal entries into subledger accounting
B) Determine the accounting impact of transactions
C) Capture accounting events
D) Analyze external system transactions

5. You set up a secondary ledger using the Manage Secondary Ledger task and selected a data conversion level of sub ledger. Which two actions should you now perform? (Choose two.)

A) Ensure that the Accounting Calendar and Currency are the same as the Primary Ledger
B) Define Supporting References with balances
C) Define Journal Conversation Rules that include sub ledgers in order to transfer sub ledger transactions
D) Define Journal Conversation Rules that exclude sub ledgers
E) Assign a Sub ledger Accounting Method to the secondary ledger

Solutions: