Online 1D0-1054-25-D Practice Test

Question 1

You have set up a supporting reference with balances to capture revenue by account manager.

Which option should you use to view the supporting reference balances?

Options :

A : an Account Group

B : an OTBI analysis

C : a SmartView analysis

D : General Ledger inquiries and reports

Answer: B

Question 2

Which two statements are true about the Intercompany Reconciliation report?

Options :

A :

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

B :

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

C : It displays the intercompany receivables and intercompany payables balances in summary for a period.

D :

You can only drill down to the General Ledger journal and then from there to the Subledger journal entry.

E : It displays all clearing company balancing lines for a period.

Answer: B,C

Question 3

The Accounting Manager requests that a schedule be created to automatically post journals from subledgers at different times. Which journal attribute should you use to set the automatic posting criteria?

Options :

A : Journal Source

B : Journal Category

C : Journal Batch

D : Journal Description

Answer: A

Question 4

The general accountant is trying to update the cost center for the Default Suspense Account in the Ledger

Options to match the cost center for the Rounding Account.

The rounding account is showing as 01-110-7699-00; however, 110 is not appearing in the List of Values for

the accountant to select in the Suspense Account.

What is the reason for this?

Options :

A : The general accountant does not have the Financials Application administrator role assigned and, therefore, has view-only privileges on this page

B : The general accountant has a segment value security rule assigned which restricts access to that cost center

C : There is a primary balancing segment attached to the legal entity of the primary ledger

D : A cross validation rule is in place to prevent the resulting combination from being created

Answer: D

Question 5

Which subject area has been enhanced to allow you to drill down from OTBI General Ledger Reports to a General Ledger journal?

Options :

A : General Ledger - Journal Transaction Balances Real Time

B : General Ledger – Journal Balances Real Time

C : General Ledger – Summary Journals Real Time

D : General Ledger – Journals Real Time

Answer: D

EXPERTY DESIGNED 1D0-1054-25-D PRACTICE TEST