Certqueen Oracle Certification 1Z0-1004 actual dumps

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1Z0-1004 Dumps

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Certqueen 1Z0-1004 Exam Dumps Questions

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.)

A. Chart of Accounts and Business Units

B. Accounting Calendar

C. Chart of Accounts, Currency, Accounting Calendar, and Subledger Accounting Method

D. Chart of Accounts

E. Legal Entities, Business Units, and Chart of Accounts

Answer: A,B

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

A. revaluations and translation to revalue and translate currencies stored in the Essbase cube

B. calculation manager to perform allocations based on multidimensional balances and budgets

C. period closing and opening of ledgers to keep General Ledger cloud and the Essbase cubes in sync

D. journal entries and Journal approval to create Journals that update balances to the cube directly

Answer: A

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?

A. Make sure the tree version was published successfully.

B. Make sure to flatten the rows of the tree version.

C. Make sure the tree is active.

D. Redeploy the chart of accounts.

Answer: A

While creating a Journal Entry Rule Set, you are not able to use an Account Rule recently created.Which two options explain that? (Choose two.)

A. The Account Rule is defined with a different chart of accounts from the Journal Entry Rule Set.

B. The Account Rule's chart of accounts have no account values assigned

C. The Account Rule's conditions are not defined.

D. The Account Rule is using sources assigned to different event classes from that of the associated Journal Entry Rule Set.

Answer: B, D

You defined a tree or hierarchy, but you are unable to set its status to Active.What is the reason?

A. Chart of accounts was not deployed.

B. Accounting Configuration was not submitted.

C. An Audit process needs to be successfully performed before a tree version can be set to Active.

D. Two tree versions were not defined

Answer: D

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