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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 |
| Passing Score: | 75% |
| Real Exam Qty: | 50-52 |
| Exam Price: | $245 USD |
| Available Languages: | English |
| Certificate Validity Period: | Version-specific, subject to Oracle Cloud recertification policy |
| Related Certifications: | Oracle Fusion Cloud Financials Implementation Professional |
| Exam Duration: | 90 minutes |
| Exam Format: | Multiple Choice, Hands-on Performance-Based |
| Recommended Training: | Oracle Financials Cloud: General Ledger Implementation Training |
| Exam Registration: | Pearson VUE Scheduling Oracle University Exam Registration |
| Sample Questions: |  |
| Exam Way: | Online proctored via Pearson VUE or in-person at authorized test centers |
| Pre Condition: | No mandatory prerequisites; Oracle recommends hands-on implementation experience with Oracle Financials Cloud General Ledger |
| Official Syllabus URL: | https://education.oracle.com/ouexam-pexam_1z0-1054-23 |
Oracle 1z0-1054-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Ledgers and Accounting Setup | 25% | - Configure Ledgers
|
| Period Close and Financial Reporting | 20% | - Financial Reporting
|
| Enterprise and Financial Reporting Structures | 20% | - Configure Enterprise Structures
|
| Journal Processing and Approval | 20% | - Manage Journals
|
| Intercompany Accounting | 15% | - Configure Intercompany
|
Questions and Answers About Oracle Financials Cloud: General Ledger 2023 Implementation Professional
Oracle Financials Cloud: General Ledger 2023 Implementation Professional is an official Oracle exam, listed under exam code 1z0-1054-23. A passing result earns you the Oracle Financials Cloud: General Ledger 2023 Certified Implementation Professional certification at the Professional level. It also ties into Oracle Fusion Cloud Financials Implementation Professional, extending its value across your certification roadmap. Employers read this credential as verified competence, which is why it keeps appearing in job requirements.
Expect 50-52 questions inside 90 minutes on the Oracle Financials Cloud: General Ledger 2023 Implementation Professional exam. That pace punishes hesitation, so rehearse it: the ActualPDF software engine simulates the real exam scene, reminds you of the questions you got wrong, and pushes you to re-practice them until the clock stops being your enemy.
Passing Oracle Financials Cloud: General Ledger 2023 Implementation Professional requires 75%, and the official registration fee is $245 USD. Retakes charge the full $245 USD again, which is why experienced candidates treat preparation as the cheaper exam fee. Verify your readiness with repeated ActualPDF practice scores above the requirement before you commit to a date.
No mandatory prerequisites; Oracle recommends hands-on implementation experience with Oracle Financials Cloud General Ledger
Requirements evolve, so confirm the current conditions before registering on the official exam page.
Registration for Oracle Financials Cloud: General Ledger 2023 Implementation Professional goes through the official channels listed here.
When you schedule, note that the exam is delivered Online proctored via Pearson VUE or in-person at authorized test centers.
Oracle recommends the following training for Oracle Financials Cloud: General Ledger 2023 Implementation Professional candidates.
Follow any course with the 52 practice questions in the ActualPDF 1z0-1054-23 package; the software engine will even remind you which mistakes need another round.
Yes. ActualPDF provides a free download demo of the Oracle Financials Cloud: General Ledger 2023 Implementation Professional material, so you can check the content before choosing a version. After purchase, a one-year warranty covers you: the latest version is sent to you as it releases, free for 365 days, and after expiry you can extend the update service at a 50% discount.
Your purchase is covered by a 100% money-back guarantee with clear conditions. Take the Oracle Financials Cloud: General Ledger 2023 Implementation Professional exam within 60 days of purchase; if you fail, provide your unqualified result by submitting a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and the full refund is processed within 7 days. The exam must match your product, candidate and payer names must match, and attempts within 3 days of purchase, unused downloads, free materials, and expired orders are not covered. Alternatively, exchange for two other exam products of equal value, free, or wait for updates while keeping your original product's update service.
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The Oracle Financials Cloud: General Ledger 2023 Implementation Professional syllabus spans 5 domains, led by Ledgers and Accounting Setup (25%), Journal Processing and Approval (20%), and Period Close and Financial Reporting (20%). The complete topic list is published above; candidates who study the map first rarely get lost later.
Oracle Financials Cloud: General Ledger 2023 Implementation Professional Sample Questions:
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. Primary ledger with the IFRS accounting convention
- B. Reporting currency with the IFRS accounting convention
- C. Secondary ledger with the IFRS accounting convention
- D. Primary ledger with the local accounting convention
- E. Reporting currency with the local accounting convention
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Which two are valid Data Access Set types? (Choose two.)
- A. Full access
- B. Read and Write access
- C. Primary Balancing Segment Value
- D. Full Ledger
- E. Read Only access
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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. Validation
- B. Address Cleansing
- C. Geocoding
- D. HZ_GEO_IDENTIFIER_SUBTYPE Lookup
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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. You can create, update, and delete segment rules for a chart of accounts mapping.
- B. You can create, update, and delete account rules for a chart of accounts mapping.
- C. It supports external integration using REST services.
- D. You can download the template only from the Manage Chart of Accounts Mappings page.
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Your company has complex consolidation requirements with multiple General Ledger instances. You are using Oracle Hyperion Financial Management to consolidate the disparate General Ledgers. You can typically map segments between your General Ledger segment to a Hyperion Financial Management segment, such as Company to Entity, Department to Department, and Account to Account What happens to segments in your source General Ledger, such as Program, that cannot be mapped to Hyperion Financial Management?
- A. Errors occur for unmapped segments. You must map multiple segments from source General Ledgers to the target segment in Hyperion Financial Management.
- B. Data is summarized across segments that are not mapped to Hyperion Financial Management.
- C. No data is transferred.
- D. The unmapped segments default to future use segments in Hyperion Financial Management.
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