1Z0-1054-26 practice question 20 of 25

Your organization would like to use the journal sequencing functionality in General Ledger. You want to include all journal sources but would like a different sequence assigned to journals originating in the Joint Venture application. What should you create to achieve this?

Full set: 143 questions
Answer options
A: An Exception Correct answer
B: An Exclusion
C: A Condition Filter
D: A Validation Filter
Correct Answer:
A. An Exception
Explanation

In Oracle General Ledger's journal sequencing functionality, an Exception allows you to define different sequencing rules for specific journal sources while maintaining the overall sequencing framework. Since the requirement is to include all journal sources but apply different sequencing logic to Joint Venture journals specifically, an Exception is the appropriate solution. This enables differential treatment without excluding any sources from the sequencing process.

Why Incorrect

Option B - An Exclusion: Would remove Joint Venture journals from sequencing entirely, not assign them a different sequence.
Option C - A Condition Filter: Not a standard component in Oracle GL journal sequencing configuration for this purpose.
Option D - A Validation Filter: Related to journal validation rules, not sequencing assignment functionality.

References

1. Oracle General Ledger User's Guide, Release 12.2, Chapter 7: Journal Processing, Section: Configuring Journal Sequences (Doc ID E48969-01)

2. Oracle Fusion Cloud Financials Implementation Guide, Section: Setting Up Journal Sequencing Rules, Pages 4-12 to 4-15

3. Oracle General Ledger Implementation Guide, Release 12.2.9, Chapter: Journal Sequencing Setup, Paragraph 7.3.2

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