Exam 1z0-1054-23 topic 1 question 4 discussion

Actual exam question from Oracle's 1z0-1054-23

Question #: 4
Topic #: 1

[All 1z0-1054-23 Questions]

Which two statements are true about balances cubes in General Ledger? (Choose two.)

A. They are updated automatically when the Translation process is run.
B. They are updated automatically when the General Ledger period is opened.
C. A new balances cube is created for a unique combination of ledger and currency.
D. New dimensions can be added to a General Ledger balances cube.
E. They are updated automatically when the Revaluation process is run.
F. Manage Chart of Accounts Structure and Instance

Show Suggested Answer

Suggested Answer: AC 🗳️

by gplfuko at March 10, 2024, 1:22 a.m.

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RocDie

9 months, 3 weeks ago

Selected Answer: AB

I agree with satheeshkannandr

upvoted 1 times

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satheeshkannandr

1 year, 3 months ago

Selected Answer: AB

https://docs.oracle.com/en/cloud/saas/financials/24a/faigl/overview-of-oracle-general-ledger-balances-cubes.html#s20034799

upvoted 1 times

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Answer should be A&B. Balances Cube is updated when journals are posted, opening a period and running the translation process. Ledger and currency combination is incorrect. Currency is a piece of a ledger setup (CoA, Calendar, Currency and Convention (Acctg).

upvoted 2 times

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