1z0-1054-22 Exam Dumps - Oracle Financials Cloud: General Ledger 2022 Implementation Professional

According to Oracle documentation2, what happens to funds available when you cancel an invoice that requires budgetary control is that the budget and funds available will increase by the invoice amount. When you validate an invoice, the budget and funds available are reduced by the invoice amount. When you cancel an invoice, the budget and funds available are restored by the invoice amount. Therefore, option D is correct. Option A is incorrect because funds available will change when the invoice is canceled, not when it is approved. Option B is incorrect because the funds reserved for the purchase order are not affected by the invoice cancellation. Option C is incorrect because the budget will increase by the invoice amount, not decrease by it.

This is the recommended method for creating fully balanced balance sheets for multiple segments. By qualifying the segments as balancing segments, you can ensure that each segment value has a balanced set of asset, liability, and equity accounts. You can also use segment value security rules to restrict access to segment values based on user roles. This method also allows you to use different currencies for each segment value and perform currency translation at the segment level. Reference: Oracle Financials Cloud: General Ledger 2022 Implementation Professional Objectives - Configure Enterprise and Financial Reporting Structures - Define Chart of Accounts Segments 12

The process that allows you to change the qualifier back to cost center qualifier after a consultant accidentally designated the cost center segment as the natural account is to change and save the segment qualifier. You can change the segment qualifier using the Manage Chart of Accounts Structures task in Setup and Maintenance. You can only change segment qualifiers before deploying flexfield metadata changes for validation and activation. You do not need to create a new chart of accounts, as this is not necessary and will increase complexity and maintenance. You do not need to delete the segment and create a new segment with the correct qualifier, as this will affect existing values and journals. You do not need to delete the chart of accounts and create a new one, as this will affect existing structures and instances. Reference: Oracle Financials Cloud: General Ledger 2022 Implementation Professional Objectives - Define Chart of Accounts 12