Preparation - 1Z0-1054-22 Questions, Best Tips & Tricks to Pass the Exam

1. Perform enough practice with Oracle system on related Oracle 1Z0-1054-22 certification subjects.

2. Identify the key configuration, workflow and data flow.

3. Understand all Syllabus Topics of the Exam which are Given in Description.

4. Identify your weak areas from practice test and do more practice with system.

5. Repeat practice exams and try to score 100% on www.DBexam.com.

Exam Questions ?

01. You need to create a month-end reporting package for an upcoming Audit Committee meeting. You have 10 financial reports that you will need to share with executives and auditors.

In which three ways do you accomplish this?

Option

a) Users can drill down on snapshot reports for further analysis.

b) Using Workspace, assemble multiple reports into a book.

c) Use a Report Batch to run reports at a specific time to create a set of snapshot reports based on accounting information at that specific point in time.

d) The reports contained in the book can be printed or viewed individually or as an entire book that includes a table of contents.

e) Snapshot reports can only be viewed online.

ANSWER

b) Using Workspace, assemble multiple reports into a book.

c) Use a Report Batch to run reports at a specific time to create a set of snapshot reports based on accounting information at that specific point in time.

d) The reports contained in the book can be printed or viewed individually or as an entire book that includes a table of contents.

02. Identify three functions of Functional Setup Manager.

Option

a) Provide a central place to access and perform all of the setup steps across Cloud application products.

b) Automatically generate lists of setup tasks in the correct sequence with dependencies highlighted.

c) Automatically mark the status of tasks as Completed after they have been completed.

d) Assign setup tasks to individuals with due dates where users must manually update their completion status.

e) Centrally manage the close processes across subledgers and ledgers.

ANSWER

a) Provide a central place to access and perform all of the setup steps across Cloud application products.

b) Automatically generate lists of setup tasks in the correct sequence with dependencies highlighted.

d) Assign setup tasks to individuals with due dates where users must manually update their completion status.

Option

a) They can format each table by hiding and showing columns, moving columns, and resizing columns.

b) They can use Personalization to move and remove regions from those pages.

c) Users have very little control customizing their Dashboards and Work Areas; they can only resize columns.

d) They can have the System Administration customize pages for them using Page Composer.

03. In which two ways can your users customize the Dashboards and Work Areas to suit their individual working styles?

ANSWER

a) They can format each table by hiding and showing columns, moving columns, and resizing columns.

b) They can use Personalization to move and remove regions from those pages.

Option

a) Define a new ledger and accounting configuration. The СТА account cannot be updated after the ledger has been in use.

b) Query the Translation journals and delete all of them, then change the СТА account in the Ledger page, and rerun Translation for all periods required.

c) Open the Ledgers page and update the СТА account and then rerun Translation for all periods required. The system will automatically update the translated balances.

d) Purge all translated balances, change the СТА account in the Ledger page, and rerun Translation for all periods required.

04. Your company wants to change the Cumulative Translation Adjustment (CTA) account to record gains/losses from varying currency rates. What steps must you perform to achieve this objective without causing data corruption?

ANSWER

d) Purge all translated balances, change the СТА account in the Ledger page, and rerun Translation for all periods required.

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Information on Oracle 1Z0-1054-22 Certification

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