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Oracle Exam 1Z0-1054-23 Topic 1 Question 2 Discussion

Actual exam question for Oracle's 1Z0-1054-23 exam
Question #: 2
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 Claribel at Mar 17, 2024, 12:06 AM

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Viola
6 months ago
I believe Revenue Management should also be included in the list. It may be necessary to opt out for this subledger too.
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Wenona
6 months ago
I agree with Quiana. Opting out for Receivables, Assets, and Order Management makes sense in certain scenarios.
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Quiana
7 months ago
I think the three subledgers are Receivables, Assets, and Order Management. We can opt out of the period close checking feature for these.
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