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Oracle 1z0-1054-20 certification exam is designed for professionals who wish to demonstrate their expertise in Oracle Financials Cloud: General Ledger 2020 Implementation Essentials. 1z0-1054-20 exam is intended for individuals who are responsible for implementing, configuring, and managing the Oracle Financials Cloud: General Ledger application. 1z0-1054-20 exam measures the knowledge and skills necessary to implement and configure the General Ledger application, including financial structures, journals, allocations, and financial reporting.
Oracle 1z0-1054-20 exam is a certification exam that is designed to test the knowledge and skills of professionals in the field of financial management. 1z0-1054-20 exam is specifically focused on Oracle Financials Cloud: General Ledger 2020 Implementation Essentials. It is a highly recognized certification that is aimed at professionals who are responsible for implementing and managing financial systems using the Oracle Financials Cloud.
Oracle 1z0-1054-20 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: General Ledger 2020 Implementation Essentials |
| Exam Number: | 1Z0-1054-20 |
| Exam Format: | Multiple Choice, Multiple Response |
| Passing Score: | 60% |
| Related Certifications: | Oracle Financials Cloud Oracle Fusion Cloud Financials |
| Real Exam Qty: | 55 |
| Exam Duration: | 85 minutes |
| Certificate Validity Period: | 18 months from date of pass |
| Exam Price: | USD 245 |
| Available Languages: | Japanese, English |
| Recommended Training: | Oracle Financials Cloud: General Ledger 2020 Implementation Training |
| Exam Registration: | Oracle University Registration Pearson VUE Scheduling |
| Sample Questions: | Oracle 1z0-1054-20 Sample Questions |
| Exam Way: | Online proctored or onsite at Pearson VUE test centers |
| Pre Condition: | No mandatory prerequisites; recommended hands-on experience with Oracle Financials Cloud General Ledger |
| Official Syllabus URL: | https://education.oracle.com/oracle-financials-cloud-general-ledger-2020-implementation-essentials/pexam_1Z0-1054-20 |
Oracle 1z0-1054-20 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Period Close and Consolidation | 15% | - Perform period close process - Execute consolidations and reconciliations - Configure and run revaluation and translation |
| Journal Processing | 20% | - Process manual and automated journal entries - Define allocations and periodic entries - Manage journal descriptions and supporting references - Set up journal approval rules |
| Reporting and Analytics | 10% | - Leverage Smart View and General Accounting Dashboard - Use Financial Reporting Studio - Explore OTBI and General Ledger subject areas |
| Enterprise and Ledger Configuration | 25% | - Define primary, secondary ledgers and reporting currencies - Configure legal entity structure - Design and configure Chart of Accounts - Configure Chart of Accounts security - Set up accounting calendars and currencies |
| Subledger and Intercompany Accounting | 20% | - Configure intercompany setup and balancing rules - Create and manage subledger accounting rules - Process intercompany transactions and reconciliations |
| Budgetary Control and Encumbrance | 10% | - Set up budgetary control - Configure and process encumbrance journals - Monitor budget consumption |
By Colbert
