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Oracle Exam 1Z0-1054-24 Topic 1 Question 1 Discussion

Actual exam question for Oracle's 1Z0-1054-24 exam
Question #: 1
Topic #: 1
[All 1Z0-1054-24 Questions]

SIMULATION

Challenge 2

Manage Shorthand Aliases

Scenario

Your client intends to utilize the Shorthand Alias feature and would like to see how the aliases will appear when entering transactions.

Task 2

Create a shorthand alias for the US Chart of Accounts to record Revenue Domestic for Supremo Fitness, Line of Business 2, and US Operations Cost Center.

Note:

. Prefix your alias name with 07, where 07 is

your exam ID.

. There is no Product or Intercompany

impact.

Show Suggested Answer Hide Answer
Suggested Answer: A

Here are the steps you need to follow:

In the Setup and Maintenance work area, go to the following:

Offering: Financials

Functional Area: Financial Reporting Structures

Task: Manage Shorthand Aliases

Select the chart of accounts that you want to create the alias for. In this case, it is the Corporate chart of accounts.

Click on the Add Row icon to create a new alias. Enter the following information:

Alias Name: RevDom

Account Template: 101-2000-400000-000-000-000

Description: Revenue Domestic for Supremo Fitness, Line of Business 2, and US Operations Cost Center

Enabled: Yes

Start Date: Today's date

End Date: Blank

Click on the Save and Close button to save the alias.

You have successfully created a shorthand alias for the US Chart of Accounts. For more information, you can refer to the following resources:

Account Aliases

Enter a GL Account Alias

Short Hand Alias in Fusion Financials Key Flexfield

How to Enable Account Shorthand Aliases


Contribute your Thoughts:

Wait, so we can't use any Product or Intercompany stuff? Bummer, I was hoping to get creative with that.
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Oliva
2 days ago
That's a good idea. Let's focus on completing this task step by step.
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Lyla
5 days ago
All right, let's do this! '07_RevDomSuprFit2USOC' - got it memorized.
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Ronald
12 days ago
I'm going to prefix my alias name with 07 as instructed in the task.
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Georgeanna
13 days ago
Hmm, I wonder if they'll catch me if I try to sneak in a joke alias like '07_SuprFitCash'? Nah, better play it safe.
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Angelyn
2 days ago
Yeah, let's not take any risks with the shorthand aliases.
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Thurman
8 days ago
It's probably best to stick to the guidelines for this task.
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Oliva
24 days ago
I agree, but I believe if we follow the instructions carefully, we can figure it out.
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Ronald
1 months ago
I think creating a shorthand alias for the US Chart of Accounts sounds challenging.
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Dawne
1 months ago
The alias should be '07_RevDomSuprFit2USOC'. Pretty straightforward, just gotta follow the instructions.
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Felicidad
4 days ago
Easy task, let's make sure we follow the instructions carefully.
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Sanda
11 days ago
Yeah, just remember to prefix it with 07 for the exam ID.
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Erick
1 months ago
Got it, the alias should be '07_RevDomSuprFit2USOC'.
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