Oracle Financials Cloud: General Ledger 2024 Implementation Professional - 1z0-1054-24

Oracle 1z0-1054-24 Actual PDF
  • Exam Code: 1z0-1054-24
  • Exam Name: Oracle Financials Cloud: General Ledger 2024 Implementation Professional
  • Updated: Sep 06, 2026
  • Q & A: 87 Questions and Answers
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About Oracle 1z0-1054-24 Actual Exam

A Oracle certification unlocks career development that stays locked without it. The Oracle Financials Cloud: General Ledger 2024 Implementation Professional exam is the key, and the 87 practice questions at ActualPDF are cut to fit it.

Oracle 1z0-1054-24 Exam Overview:
Certification Vendor:Oracle
Exam Name:Oracle Financials Cloud: General Ledger 2024 Implementation Professional
Exam Number:1Z0-1054-24
Available Languages:English, Japanese
Certificate Validity Period:2 years
Passing Score:Multiple Choice: 68%, Hands-on Challenges: 75%
Exam Format:Multiple Choice, Hands-on Performance-based Challenges
Related Certifications:Oracle Financials Cloud: General Ledger Implementation Professional (previous versions)
Exam Price:$245 USD
Exam Duration:90 minutes
Real Exam Qty:36
Recommended Training:Oracle Financials Cloud: General Ledger Implementation Training
Exam Registration:Oracle University Exam Registration
Pearson VUE Registration
Sample Questions: DOWNLOAD DEMO
Exam Way:Online proctored or Onsite at Pearson VUE test centers
Pre Condition:No mandatory prerequisites; prior implementation experience recommended
Official Syllabus URL:https://education.oracle.com/oracle-financials-cloud-general-ledger-2024-implementation-professional/pexam_1Z0-1054-24
Oracle 1z0-1054-24 Exam Syllabus Topics:
SectionWeightObjectives
Topic 1: Processing Journals20%- Process Average Daily Balances
- Enter and Manage Journals
- Set Up and Process Intercompany Transactions
- Configure Journal Approval Workflows
Topic 2: Using Financial Reporting15%- Use OTBI and Smart View for Reporting
- Use General Accounting Dashboard
- Design Reports with Financial Reporting Web Studio
- Navigate Financial Reporting Center
Topic 3: Configuring Ledgers20%- Apply Ledger Security and Access Controls
- Understand and Use General Ledger Balances Cube
- Manage Ledger Configurations
Topic 4: Managing Period Close Components20%- Manage Account Reconciliations
- Perform Revaluation, Translation and Consolidation
- Configure and Use Close Monitor
- Create Allocations and Periodic Entries
Topic 5: Configuring Enterprise and Financial Reporting Structures25%- Secure Chart of Accounts Segments
- Set up Account Hierarchies
- Define Legal Entities, Geographies and Currencies
- Manage Accounting Calendars
- Configure Chart of Accounts

Oracle 1z0-1054-24 Exam: What Candidates Want to Know

Oracle Financials Cloud: General Ledger 2024 Implementation Professional is an official Oracle certification exam, registered under the code 1z0-1054-24. Passing it awards the Oracle Financials Cloud: General Ledger 2024 Certified Implementation Professional certification, a credential at the Professional level. It also connects to Oracle Financials Cloud: General Ledger Implementation Professional (previous versions). The exam is demanding by design, and that difficulty is precisely what makes the credential meaningful for career development.

The Oracle Financials Cloud: General Ledger 2024 Implementation Professional exam presents 36 questions within 90 minutes. That is a brisk pace, and the candidates who handle it best are the ones who rehearsed it. Use the ActualPDF engine for full timed simulations, practice flagging and returning, and arrive on exam day with a pacing strategy already proven.

Passing Oracle Financials Cloud: General Ledger 2024 Implementation Professional takes Multiple Choice: 68%, Hands-on Challenges: 75%, and official registration costs $245 USD. Retakes bill the full $245 USD again, so preparation is the least expensive insurance available. Let your ActualPDF practice scores guide the timing: book when you clear the requirement consistently, not occasionally.

No mandatory prerequisites; prior implementation experience recommended

Policies get revised, so confirm the current requirements before you register on the official exam page.

Oracle Financials Cloud: General Ledger 2024 Implementation Professional registration is handled through the official channels below.

For scheduling purposes: the exam is delivered Online proctored or Onsite at Pearson VUE test centers.

Yes, Oracle recommends the following training for Oracle Financials Cloud: General Ledger 2024 Implementation Professional candidates.

Complement any training with the 87 practice questions in the ActualPDF 1z0-1054-24 package, because repeated application is what turns course knowledge into a passing score.

Yes. ActualPDF offers a free demo of the Oracle Financials Cloud: General Ledger 2024 Implementation Professional questions, so you can verify the quality personally before purchasing. Your purchase then includes a one-year service warranty: updates are free for 365 days, and after expiry you can extend the update service at a 50% discount.

Your money is protected by a 100% money-back guarantee with defined conditions. Take the Oracle Financials Cloud: General Ledger 2024 Implementation Professional exam within 60 days of purchase; if you fail, you may claim a full refund, provided the exam matches your product. Attempts within 3 days of purchase are ineligible, as are downloaded-but-unused products, free materials, and expired orders; the candidate name must match the payer name. Submit a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and claims are processed within 7 days. You may instead wait for the update version or change to other exam material: exchange for two other exam products of equal value, free, with your original purchase keeping its update service.

Delivery is instant: files unlock for download at payment and are emailed within one minute. If nothing arrives within 2 hours, check spam and contact customer service, online 7/24 even on official holidays. Installation is unlimited across your computers.

Oracle Financials Cloud: General Ledger 2024 Implementation Professional is organized into 5 official domains. The most heavily weighted are Using Financial Reporting (15%), Configuring Ledgers (20%), and Configuring Enterprise and Financial Reporting Structures (25%). The full breakdown appears above on this page; study the weightings and your preparation priorities set themselves.

Oracle Financials Cloud: General Ledger 2024 Implementation Professional Sample Questions:

Question 1

In which two ways can your users personalize the Springboards and Work Areas to suit their individual working styles? (Choose two.)

A. They can format certain tables by hiding and showing columns, moving columns, and resizing columns
B. They can use "+" under the Apps section of the News Feed homepage
C. They can have the System Administrator configuring pages for them using Page Composer
D. Users have very little control configuring their Springboards and Work Areas; they can only resize columns


Question 2

Which two statements are true about the Intercompany Reconciliation report?

A. It can be run using an additional currency and conversion rate that converts all amounts into a common currency for comparison.
B. It includes ledger balancing lines generated when the primary balancing segment value (BSV) is in balance, but either the second or third BSVs are not.
C. It displays all clearing company balancing lines for a period.
D. You can only drill down to the General Ledger journal and then from there to the Subledger journal entry.
E. It displays the intercompany receivables and intercompany payables balances in summary for a period.


Question 3

You are creating values for thechart of account value setthat you are planning to use for theaccount segment within yourChart of Accounts. You are not able to assign anAccount Type.
What is the reason for this?

A. You are creating values before assigning the value set to the structure.
B. You have not set the Allow Posting attribute for the value set.
C. You have not set the Allow Budgeting attribute for the value set.
D. The Account Type qualifier has not been enabled when defining the value set.


Question 4

Which two statements areTRUEregarding theBalances CubesinGeneral Ledger?

A. They are updated automatically when the Revaluation process is run.
B. They are updated automatically when the Translation process is run.
C. A new Balances Cube is created for a unique combination of Ledger and Currency.
D. They are updated automatically when the General Ledger period is opened.
E. New dimensions can be added to a General Ledger Balances Cube.


Question 5

Your customer isexpanding its operations. You defined a newledgerand severalbusiness units. However, you areunable to assignthe newly generateddata rolesto existingAccounts Payables and Accounts Receivablesusers in the shared service center.
What should you do to correct the problem?

A. Make sure you run the Retrieve Latest LDAP Changes program to regenerate the data roles.
B. Open the Oracle Identity Management (OIM) and make sure the data roles were created.
C. Open Access Policy Manager (APM) and assign the roles manually.
D. Open the Manage Users page and make sure the employees at


Solutions:

Question 1
Answer: A,B
Question 2
Answer: A,E
Question 3
Answer: D
Question 4
Answer: B,D
Question 5
Answer: C

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