1z0-1054-21 – Oracle Financials Cloud: General Ledger 2021 Implementation Essentials

Select all that apply, then click Submit answer.

• ○

  Cloud customers can use both OTBI and OBIA
  

• ○

  OTBI allows you to create custom reports from real-time transactional data against the database directly
  

• ○

  OBIA is based on the universal data warehouse design with different prebuilt adapters that can connect to various source applications.
  

• ○

  Both OBIA and OTBI provide a set of predefined reports and dashboards and a library of metrics that help to measure business performance.
  

• ○

  OBIA works for multiple sources including E-Business Suite, PeopleSoft, JD Edwards, SAP, and Cloud Applications
  
  
  

Select all that apply, then click Submit answer.

• ○

  You can only drill down to the general ledger journal and then from there to the subledger journal entry.

• ○

  This report can be run using an additional currency and conversion rate that converts all amounts into a common currency for comparison.

• ○

  This report displays only the reconciled transactions. You need to further process automatic reconciliation
  
  to reconcile the unreconciled transactions.
  

• ○

  This report includes Ledger balancing lines generated when the primary balancing segment value (BSV) is
  
  in balance, but either the second or third BSVs are not.
  

• ○

  This report displays the intercompany receivables and intercompany payables balances in summary for a period.
  
  

Select all that apply, then click Submit answer.

• ○

  Anticipate growth and maintenance needs as organizational changes occur
  

• ○

  Effectively manage an organization’s financial business
  

• ○

  Try to use all 30 segments and 25 characters per segment because you cannot change it later
  

• ○

  Consider implementing a single, global chart of accounts
  

• ○

  Limit the number of segments to those you need today to reduce data entry