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Full Exam Name: Oracle Financials Cloud: General Ledger 2024 Implementation Professional
Vendor Name: Oracle
Exam Code: 1z0-1054-24
Questions with Answers (PDF) 65
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NEW QUESTION: 1
If a display item has a Calculation Mode of Formula, you can call a program unit to perform the calculation.
A. False
B. True
Answer: B

NEW QUESTION: 2
IOP's product is manufactured using a production process that is known to have a defect rate of 10%.
IOP's quality control department has developed a test that has a 98% probability of classifying a non- defective item correctly and a 2% probability of classifying a non-defective item as defective.
The same test has a 95% probability of classifying a defective item correctly and a 5% probability of classifying a defective item as non-defective.
Calculate the proportion of IOP's output that will be classified as non-defective by the quality control department's test.
Give your answer to one decimal place.
Answer:
Explanation:
99.4 %

NEW QUESTION: 3
A customer enables transaction controls at the Project level. Oracle Project Costing checks the control when the customer ________.
A. runs the PRC: Distribute Labor Costs concurrent program
B. runs the PRC: Transaction Import concurrent program
C. transfers an expenditure item to another task of the same project
D. enters an online or preapproved expenditure item
E. enters a project-related invoice distribution in Oracle Payables
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Expenditure Item Validation
When you enter expenditure items, you are charging cost to a project and a task. Oracle Projects validates expenditure items against predefined criteria and any transaction controls and transaction control client extensions that you set up during the implementation.
References:

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