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

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Showing 4–6 of 10 questions

Question 4

Identify three roles that get access to the reports in the Fusion Accounting Hub Reporting Cloud Service (FAHRCS). (Choose three.)

Select all that apply, then click Submit answer.

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    Controller
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    General Accountant
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    General Accountant Manager
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    Business Intelligence Administrator (BI Admin)
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    Financial Analyst
Question 5

You want to specify Intercompany System Options. Which three factors should you consider? (Choose three.)

Select all that apply, then click Submit answer.

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    whether to enforce an enterprise-wide currency or allow intercompany transactions in local currencies
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    whether to allow receivers to reject intercompany transactions
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    automatic or manual batch numbering and the minimum transaction amount
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    automatic or manual batch numbering and the maximum transaction amount
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    the approvers who will approve intercompany transactions
Question 6

Encumbrance accounting is enabled for your ledger. An encumbrance journal dated 3/15/19 was recorded for a purchase order.

The invoice was entered on 5/5/19, but the invoice accounting date was 4/20/19. The encumbrance journal for liquidating the purchase order encumbrance is dated 5/5/19.

What is causing this?

Select an option, then click Submit answer.

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    The actual accounting date was set up under the encumbrance accounting Default Date Rule
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    The current transaction accounting date was set up under the encumbrance accounting Default Date Rule
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    The subledger accounting option is set to system date
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    The system date was set up under the encumbrance accounting Default Date Rule
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    The prior related transaction accounting date was set up under the encumbrance accounting Default Date Rule