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Exam Code: 1z0-1054-23
Exam Name: Oracle Financials Cloud: General Ledger 2023 Implementation Professional
Vendor: Oracle

60 Questions & Answers
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NEW QUESTION: 1
You are a project manager for Picture Shades, Inc. It manufactures window shades that have replicas of Renaissance-era paintings on the inside for hotel chains. Picture Shades is taking its product to the home market, and you're managing the new project. It will offer its products at retail stores as well as on its website. You're developing the project schedule for this under-taking and have determined the critical path. Which of the following statements is true?
A. You calculated the activity dependency and the optimistic and pessimistic activity duration estimates.
B. You calculated the most likely start date and most likely finish dates, float time, and weighted average estimates.
C. You calculated the early and late start dates, the early and late finish dates, and float times for all activities.
D. You calculated the optimistic, pessimistic, and most likely duration times and the float times for all activities.
Answer: C
Explanation:
The CPM calculates a single early and late start date and a single early and late finish date for each activity. Once these dates are known, float time is calculated for each activity to determine the critical path. The other answers contain elements of PERT calculations.

NEW QUESTION: 2
What are the two benefits of having the Essbase cube embedded in General Ledger Cloud?
A. Integrating with third-party systems is easier because the Essbase cube provides chart of accounts mapping rules.
B. Posting performance is much faster.
C. You can access real-time results for reporting and analysis because every time a transaction is posted in General Ledger, multidimensional balances are also updated simultaneously.
D. You no longer need to create and maintain hierarchies because the Essbase cubes are created when you create your chart of accounts.
E. General ledger balances are multidimensional, allowing you to perform robust reporting and analysis.
Answer: B,E

NEW QUESTION: 3
When creating an anti-money laundering program for a foreign bank with branches in the United States, which of the following are included among the four minimum elements required under the USA PATRIOT Act?
1. The development of a Know Your Customer program.
2. An ongoing employee training program.
3. The designation of a compliance officer.
4. An independent audit function to test the program.
A. 1, 2, and 4 only
B. 2, 3, and 4 only
C. 1, 2, and 3 only
D. 1, 3, and 4 only
Answer: A


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