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Oracle 1z0-1054-23 Exam Overview:
| Certification Vendor: | Oracle |
| Exam Name: | Oracle Financials Cloud: General Ledger 2023 Implementation Professional |
| Exam Number: | 1Z0-1054-23 |
| Exam Price: | $245 USD (varies by country/region) |
| Related Certifications: | Oracle Financials Cloud: Accounts Payable Implementation Professional Oracle Financials Cloud: Accounts Receivable Implementation Professional Oracle Financials Cloud: Fixed Assets Implementation Professional |
| Exam Duration: | 90 minutes |
| Exam Format: | Multiple Choice, Multiple Response |
| Real Exam Qty: | 50-60 |
| Available Languages: | English |
| Recommended Training: | Oracle Financials Cloud Training |
| Exam Registration: | Pearson VUE Oracle Exams Oracle Certification Registration |
| Sample Questions: | Oracle 1z0-1054-23 Sample Questions |
| Exam Way: | Online proctored or test center delivery via Pearson VUE |
| Pre Condition: | Recommended: experience with Oracle Financials Cloud and basic accounting knowledge. No mandatory prerequisite certification required. |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1z0-1054-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: General Ledger Setup | - Accounting Configuration
|
| Topic 2: Period Close Process | - Close Activities
|
| Topic 3: Reporting and Analysis | - Financial Reporting
|
| Topic 4: Subledger Accounting | - Accounting Rules
|
| Topic 5: Journal Processing | - Journal Creation and Posting
|
Oracle Financials Cloud: General Ledger 2023 Implementation Professional Sample Questions:
1. A subsidiary company is about to configure their General Ledger in a highly regulated country where there is a legal requirement to produce fiscal reports under local GAAP. Subledgers transferring to General Ledger must use the local currency, and there is a requirement to report to the parent company (not local currency) using International Financial Reporting Standards (IFRS).
Which two ledger types should be configured to fulfill this reporting requirement?
A) Reporting currency with the local accounting convention
B) Reporting currency with the IFRS accounting convention
C) Secondary ledger with the IFRS accounting convention
D) Primary ledger with the IFRS accounting convention
E) Primary ledger with the local accounting convention
2. You want your sales representatives to be able to find points of interest, such as customers, while out on business. What should you enable to achieve this?
A) HZ_GEO_IDENTIFIER_SUBTYPE Lookup
B) Address Cleansing
C) Validation
D) Geocoding
3. Which two statements are true regarding the Intercompany Reconciliation Report? (Choose two.)
A) You can only drill down to the general ledger journal and then from there to the subledger journal entry.
B) The report can be run using an additional currency and conversion rate that converts all amounts into a common currency for comparison.
C) The report includes Ledger balancing lines generated when the primary balancing segment value (BSV) is in balance, but either the second or third BSVs are not.
D) The report displays all clearing company balancing lines for a period.
E) The report displays the intercompany receivables and intercompany payables balances in summary for a period.
4. Your customer has a number of Chart of Account Mapping Rules for their Primary and Secondary ledgers.
You decide to use the FBDI template to load the rules.
Which two statements are true when using this method of entry? (Choose two.)
A) It supports external integration using REST services.
B) You can create, update, and delete account rules for a chart of accounts mapping.
C) You can download the template only from the Manage Chart of Accounts Mappings page.
D) You can create, update, and delete segment rules for a chart of accounts mapping.
5. In the implementation project, there is a requirement to add new transactional attributes to the journal approval notification.
Which two Business Intelligence catalog objects should you copy (or customize) and edit? (Choose two.)
A) The Style Template
B) Output type
C) The Data Model
D) The Sub Template
E) The layout Template
Solutions:
| Question # 1 Answer: C,E | Question # 2 Answer: D | Question # 3 Answer: B,C | Question # 4 Answer: B,D | Question # 5 Answer: B,C |
By Edison
