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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 |
| Related Certifications: | Oracle Financials Cloud: Fixed Assets Implementation Professional Oracle Financials Cloud: Accounts Payable Implementation Professional Oracle Financials Cloud: Accounts Receivable Implementation Professional |
| Real Exam Qty: | 50-60 |
| Available Languages: | English |
| Exam Duration: | 90 minutes |
| Exam Format: | Multiple Response, Multiple Choice |
| Exam Price: | $245 USD (varies by country/region) |
| 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 |
|---|---|
| Journal Processing | - Journal Import and Integration
|
| Period Close Process | - Close Activities
|
| Reporting and Analysis | - Financial Reporting
|
| General Ledger Setup | - Accounting Configuration
|
| Subledger Accounting | - Accounting Rules
|
Oracle Financials Cloud: General Ledger 2023 Implementation Professional Sample Questions:
You are using the Create Budgets in a Spreadsheet option to load your budget balances into the General Ledger balances cube. Your FYXX Budget is not appearing in the Budget Name list of values.
What are two reasons for this?
- A. The Create Scenario Dimension Members program has not been run.
- B. Transfer Budget Balances to Budget Cubes has not been run.
- C. A value for the budget scenario is not created.
- D. Budgeting is not enabled in the Ledger options.
- E. Publish Chart of Accounts Dimension Members and Hierarchies to the Balances Cube has not been run.
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An Oracle Fusion Cloud customer has a complex enterprise structure that includes multiple legal entities in multiple countries. To match the intercompany balancing requirements, all four levels of rules have been defined. In user testing, the business experts are asking which rule will be considered first when balancing an intercompany journal?
- A. Chart of accounts rule
- B. Primary balancing segment rule
- C. Legal entity-level rule
- D. Ledger-level rule
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Which two statements are true regarding the Translation process? (Choose two.)
- A. The Translation process can only be used for translating the balances of Secondary ledgers.
- B. The Translation process should be run before posting Period Close adjustment entries.
- C. If necessary, before submitting the Translation process, the Revaluation process should be completed.
- D. The Translation process can only be used to translate balance sheet accounts.
- E. Any resulting offset from the translation is entered in the Cumulative Translation Adjustment account.
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When creating your financial statements, you want a chart such as a bar graph to be included in the report output. Which two reporting tools allow you to achieve this?
- A. Financial Statement Generator
- B. Smart View
- C. Account Inspector
- D. Financial Reporting Studio
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You need to define a chart of accounts that includes an intercompany segment. Your customer plans to use segment value security rules for the Company segment.
What is Oracle's recommended method to define this chart of accounts?
- A. Share the same value set for the company and intercompany segments.
- B. Create two different value sets for the company and intercompany segments.
- C. Define the company segment and assign both the primary balancing segment and intercompany segment labels.
- D. Define the intercompany segment with a default value.
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