1Z0-1004 Free Questions – Oracle Financials Cloud: General Ledger 2018 Implementation Essentials

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1Z0-1004 Free Questions – Oracle Financials Cloud: General Ledger 2018 Implementation Essentials

1. When working with Essbase, versions of the tree hierarchy as defined in the Fusion not available in the Essbase balances cube.

What should you do to correct this situation?


2. You are setting up Close Monitor, which comprises a ledger set hierarchy definition.

Which two components of the enterprise structure should the ledgers in the ledger set share? (Choose two.)


3. You want to monitor the close process if all your financial subledgers and lodgers.

How can you quickly obtain this Information?


4. Your customer has three legal entities, 50 departments, and 10,000 natural accounts. They use intercompany entries.

What is Oracle’s recommended best practice when implementing; a new chart of accounts?

How many segments and what segment qualifiers should be used?


5. Which feature outside of reporting and analysis leverages the Essbase cube?


6. You want to define an allocation rule where segment values arc constants (or rules and formulas.

What should you do?


7. After loading your budget data into General Ledger Cloud, you can view budget balances using those features.

Which feature does not belong on the list?


8. Your customer is implementing budgetary control with encumbrance accounting. Your customer has businesses in Australia, New Zealand, and Singapore with a ledger in each country with a Corporate chart of account instance that has four segments.

Which three statements are true regarding the creation of a control budget?


9. You need to define multiple allocation rules as efficiently as possible.

Which three components can be reused across allocation rules?


10. The budget managers specify the budget accounts they want to monitor and decide on percentage threshold of funds availability.

Where must you define the details while analyzing budget balances in the Budget Account Monitor page?


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