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Oracle Exam 1Z0-1054-23 Topic 1 Question 8 Discussion

Actual exam question for Oracle's 1Z0-1054-23 exam
Question #: 8
Topic #: 1
[All 1Z0-1054-23 Questions]

On a primary ledger in the system options close section, the following field has been selected 'Prevent General Ledger Period Closure When Open Subledger Periods Exist'.

For which three subledgers can you opt out of the period close checking feature by using the lookup ORA_GL_INCLD_STRICT_PRD_CLOSE? (Choose three.)

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Suggested Answer: A, B, D

According to Oracle documentation3, you can opt out of the period close checking feature for these three subledgers by using the lookup ORA_GL_INCLD_STRICT_PRD_CLOSE: Receipt accounting, Receivables, and Assets. The period close checking feature prevents you from closing a General Ledger period if there are any open subledger periods that exist for that ledger. You can opt out of this feature for specific subledgers by using the lookup ORA_GL_INCLD_STRICT_PRD_CLOSE and setting the Enabled flag to No for those subledgers. Therefore, options A, B, and D are correct. Option C is incorrect because Revenue Management is not a subledger that can be opted out of the period close checking feature. Option E is incorrect because Order Management is not a subledger that can be opted out of the period close checking feature.


by Lajuana at Apr 19, 2024, 10:24 AM

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Justine
4 hours ago
I think the answer is Receipt accounting, Receivables, and Assets.
upvoted 0 times
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Tamekia
12 days ago
No, we can't opt out for Assets and Order Management. It's only for the first three subledgers mentioned.
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Nelida
13 days ago
What about Assets and Order Management? Can we opt out for those too?
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Long
14 days ago
I agree with you. Those are the subledgers where you can opt out of the period close checking feature.
upvoted 0 times
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Tamekia
15 days ago
I think the three subledgers are Receipt accounting, Receivables, and Revenue Management.
upvoted 0 times
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