1Z0-1054-26 practice question 24 of 25
Your current Oracle Fusion Cloud implementation project includes the configuration of multiple ledgers per country and the setting up of accounting…
Full set: 143 questionsThe "Manage Accounting Automation" feature is designed to process journals for ledgers automatically. When you define an exclusion rule, you specify which ledgers should be skipped. If you use a ledger set on the exclusion tab, the rule applies to every ledger that is a member of that set. Therefore, if the ledger set contains the primary, secondary, and all associated reporting currency ledgers for a country, the automation process will exclude all of them from its scope.
A. The exclusion is not limited to the primary ledger; it applies to all ledgers within the specified ledger set.
B. The exclusion is not limited to only secondary and reporting ledgers; the primary ledger in the set is also excluded.
D. The exclusion is not limited to only primary and reporting ledgers; the secondary ledger in the set is also excluded.
1. Oracle Fusion Cloud Financials, Using General Ledger, Release 24B, Chapter: Process Journals, Section: "Accounting Automation". The documentation explains that you can submit the process for a ledger set and that exclusion rules can be defined for a ledger or ledger set.
2. Oracle Fusion Cloud Financials, Implementing General Ledger, Release 24B, Chapter: Define Ledgers, Section: "Ledger Sets". This section clarifies that a ledger set is a group of ledgers treated as one for processing and reporting purposes.
Keep practicing
Take the free 1Z0-1054-26 practice test
Ten exam-style questions with answers and explanations, plus the exam facts and study guides.
More questions
Other 1Z0-1054-26 practice questions
- Question 1What type ofusermust be defined before you can create anImplementation Project?
- Question 2You create a Trial Balance type report using Smart View. As you include all segments for …
- Question 3Your organization has implemented a global Chart of Accounts, which is used by all ledger…
- Question 4You are using Oracle General Ledger (GL), Oracle Payables, and Oracle Receivables and you…
- Question 5You notice that a lot of erroneous address data is being saved. How do you ensure that on…
- Question 6You have created several account groups with the Display in option as Expenses. Which set…
