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Master Oracle 1Z0-1054-25 Exam with Reliable Practice Questions

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Last exam update: Aug 29,2025
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Question 1

Which three Oracle Transactional Business Intelligence (OTBI) objects can be created by using the tools in the Oracle Business Intelligence (BI) catalog?


Correct : A, C, E


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Question 2

You are using the Create Budgets in a Spreadsheet option to load your budget balances into the GL balances cube. Your FYXX Budget is not appearing in the Budget Name list of values.

Which two are the reasons for this?


Correct : A, E


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Question 3

You are implementing Financials Cloud and are using spreadsheets to load Legal Entities, Business Units, and Account Hierarchies.

Which three setup objects can be loaded via a spreadsheet from Functional Setup Manager?


Correct : B, C, E


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Question 4

Your new accountants have been making mistakes in reconciling accounts assigned to them. Your account balances have either spiked or dropped 30--40% every period due to human error. This causes delays in reconciliation.

Which feature can be used to proactively notify you of account anomalies in a more timely manner?


Correct : D


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Question 5

The current implementation project covers Financials (with Fixed Assets and Expenses) with operations planned in three countries (USA, Italy, and India).

Which three labels are required when designing the chart of account structure for this project? (Choose three.)


Correct : A, D, E

The three labels that are required when designing the chart of account structure for this project are Primary Balancing, Cost center, and Natural Account. A chart of account structure is composed of segments that represent different dimensions of accounting information, such as company, department, account, or project. Each segment has a label that indicates its function or purpose within the chart of accounts. The Primary Balancing label is required for the segment that identifies the legal entity or business unit for which financial statements are prepared and balanced. The Cost center label is required for the segment that identifies the organizational unit or function that incurs expenses or generates revenues. The Natural Account label is required for the segment that identifies the nature of an account, such as asset, liability, revenue, or expense. The Intercompany Segment label is not required when designing the chart of account structure for this project, as this is an optional label for the segment that identifies intercompany transactions between different legal entities or business units within the same enterprise. The Secondary Balancing label is not required when designing the chart of account structure for this project, as this is an optional label for the segment that identifies an additional balancing dimension other than the primary balancing segment, such as fund or region.Reference: Oracle Financials Cloud: General Ledger 2022 Implementation Professional Objectives - Define Chart of Accounts12


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