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Home Oracle 1z0-1054-22

Oracle 1z0-1054-22 Exam Practice Questions (P. 2)

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Question #6
You have noticed that a lot of erroneous address data is being saved. You want to ensure that only valid addresses are entered in the system.
How do you achieve this?
  1. A
    Redefine the location structure.
  2. B
    Redefine the geography hierarchy.
  3. C
    Define the geography validation for country option to Error.
  4. D
    Define the geography validation for country option to No Validation.

Correct Answer:
C

Question #7
You want your sales representatives to be able to find points of interest, such as customers, while out on business. What should you enable to achieve this?
  1. A
    HZ_GEO_IDENTIFIER_SUBTYPE Lookup
  2. B
    Geocoding
  3. C
    Validation
  4. D
    Address Cleansing

Correct Answer:
B

Question #8
You have three ledgers that use the same chart of accounts with one intercompany payable and one intercompany receivable account.
The chart of accounts also has an intercompany segment.
Each ledger has one legal entity assigned to it and each legal entity is associated with one balancing segment value.
At what level should you define the default intercompany balancing rule?
  1. A
    Primary balancing segment rule
  2. B
    Chart of Accounts rule
  3. C
    Legal entity level rule
  4. D
    Ledger level rule

Correct Answer:
B

Question #9
You need to define a chart of accounts that includes an intercompany segment. Your customer plans to use segment value security rules for the Company segment.
What is Oracle's recommended method to define this chart of accounts?
  1. A
    Define the intercompany segment with a default value.
  2. B
    Share the same value set for the company and intercompany segments.
  3. C
    Define the company segment and assign both the primary balancing segment and intercompany segment labels.
  4. D
    Create two different value sets for the company and intercompany segments.

Correct Answer:
C

Question #10
When will Intercompany processing balance a journal using the accounts identified here for the UK Ledger?
  1. A
    when there is a many-to-many journal and you want to use a clearing company
  2. B
    when the journal is not balanced by the primary balancing segment value (BSV)
  3. C
    when the journal is balanced by the primary BSV but not by second or third BSV
  4. D
    when the journal is balanced by second balancing segment value

Correct Answer:
D

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