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2024 1Z0-1054-21 Updated Testkings | 1Z0-1054-21 Reliable Test Duration & Oracle Financials Cloud: General Ledger 2021 Implementation Essentials Valid Test Online - FreeTorrent

1Z0-1054-21

Exam Code: 1Z0-1054-21

Exam Name: Oracle Financials Cloud: General Ledger 2021 Implementation Essentials

Version: V22.75

Q & A: 580 Questions and Answers

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NEW QUESTION: 1
In order to reduce the number of OSPF routes in some stub areas, OSPF has developed a special area function. Which of the following description is true about the OSPF special area feature?
A. Any OSPF area can be configured as a special area
B. ASBR-Summary-LSA is allowed to be advertised to the NSSA area.
C. As -External-lsa is released to the Stub area
D. Special area routers cannot establish OSPF neighbor relationships with regular area routers
Answer: D

NEW QUESTION: 2
A medium-sized multinational company based in US has two business groups (B6), BGI (for US) and B62 (for Europe), with position approval hierarchies HI and H2, respectively.
The company has a policy that only the Controllers and those above them can approve capital Items on requisitions and purchase orders. However, the Purchase Manager (who reports to the Controller) must also be able to authorize capital purchases.
The account range for capital items is: 2000-2599.
The relevant approval limits are:
1) Purchase Manager in both BGs: $100,000
2) Controller in BGI: $500,000
3) Controller in BG2: $200,000
Which two options represent a valid and efficient approval process? (Choose two.)
A. A buyer in BG2 raises a purchase order for $10,000 with charge for inventory items to be stocked in an asset subinventory. The Purchase Manager in BG2 verifies and forwards it to the Controller in BG2.
B. The buyer hi BGI raises a standard purchase order for $250,000 with the charge account 2106. The Purchase Manager verifies it and forwards it to the controller in BGI who approves it.
C. The shop floor supervisor in BGI raises a requisition for a new drilling machine for $250,000. The supervisor's manager (Production Manager) verifies the requisition and forwards it to the Controller in BGI for a final approval.
D. An employee in B62 raises a requisition for $5000. This is verified by the employee's manager and forwarded to the group Controller in BGI who approves it.
E. An employee in BG2 raises a capital requisition for $250,000, which is verified by the employee's manager and then forwarded to the group Controller in BG2 who approves it.
F. The Purchase Manager in BG2 raises a requisition for $5000 for computer equipment. The Controller in B62 approves it and instructs the buyer to ensure a 2-year warranty on this equipment. The buyer in BG2 places the order on the supplier.
Answer: B,F

NEW QUESTION: 3
The estate planning process includes all the following activities EXCEPT
A. the selection of the estate plan by the financial planner
B. gathering a client's family and financial data
C. evaluating a client's present estate plan
D. designing a client's new estate plan
Answer: A

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