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1z0-1054-23 pdf
  • Exam Code: 1z0-1054-23
  • Exam Name: Oracle Financials Cloud: General Ledger 2023 Implementation Professional
  • Updated: Sep 15, 2026
  • Q & A: 52 Questions and Answers
  • PDF Price: $59.99
  • Free Demo

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  • Exam Code: 1z0-1054-23
  • Exam Name: Oracle Financials Cloud: General Ledger 2023 Implementation Professional
  • Updated: Sep 15, 2026
  • Q & A: 52 Questions and Answers
  • PDF Version + PC Test Engine + Online Test Engine
  • Value Pack Total: $119.98  $79.99
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Oracle 1z0-1054-23 dumps - Testing Engine

1z0-1054-23 Testing Engine
  • Exam Code: 1z0-1054-23
  • Exam Name: Oracle Financials Cloud: General Ledger 2023 Implementation Professional
  • Updated: Sep 15, 2026
  • Q & A: 52 Questions and Answers
  • Software Price: $59.99
  • Testing Engine

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Oracle 1z0-1054-23 Exam Syllabus Topics:

SectionWeightObjectives
Period Close and Financial Reporting20%- Financial Reporting
  • 1. Use Smart View for analysis
    • 2. Analyze budgets versus actuals
      • 3. Create and run financial reports
        - Perform Period Close
        • 1. Execute period close processes
          • 2. Reconcile balances
            • 3. Manage accounting periods
              Intercompany Accounting15%- Configure Intercompany
              • 1. Set up intercompany balancing rules
                • 2. Enable intercompany invoicing
                  • 3. Process intercompany transactions and reconciliation
                    Journal Processing and Approval20%- Manage Journals
                    • 1. Create, import, and post journals
                      • 2. Define allocation and recurring journals
                        • 3. Configure journal approval rules
                          Ledgers and Accounting Setup25%- Budgetary Control and Encumbrance
                          • 1. Define encumbrance accounting rules
                            • 2. Enable budgetary control
                              - Configure Ledgers
                              • 1. Set up calendars, currencies, and accounting conventions
                                • 2. Configure ledger options and subledger accounting rules
                                  • 3. Define primary and secondary ledgers
                                    Enterprise and Financial Reporting Structures20%- Configure Financial Reporting Structures
                                    • 1. Create accounting hierarchies
                                      • 2. Define reporting views and dimensions
                                        - Configure Enterprise Structures
                                        • 1. Define legal entities and business units
                                          • 2. Configure segment labels and value sets
                                            • 3. Set up chart of accounts structure and instances

                                              Oracle Financials Cloud: General Ledger 2023 Implementation Professional Sample Questions:

                                              Question #1

                                              You have three ledgers that use the same chart of accounts with one intercompany payable and one intercompany receivable account. The chart of accounts also has an intercompany segment. Each ledger has one legal entity assigned to it and each legal entity is associated with one balancing segment value.
                                              At what level should you define the default intercompany balancing rule?

                                              • A. Chart of accounts rule
                                              • B. Primary balancing segment rule
                                              • C. Legal entity-level rule
                                              • D. Ledger-level rule
                                              Reveal Solution  Discussion  0

                                              Correct Answer: A  🗳️

                                              Explanation: Only visible for ValidTorrent members. You can sign-up / login (it's free).

                                              Question #2

                                              You have redesigned your chart of accounts and need to update your existing cross-validation rules. There is a requirement for new rules; some simply need to be updated and others need to be deleted.
                                              What is the most efficient way to achieve this?

                                              • A. by using the Manage Cross-Validation Rules page.
                                              • B. by using the Manage General Ledger Security page.
                                              • C. by using Cross-Validation Rules Import file-based data import (FBDI).
                                              • D. by creating Cross-Validation Rules desktop-integrated spreadsheet.
                                              Reveal Solution  Discussion  0

                                              Correct Answer: C  🗳️

                                              Explanation: Only visible for ValidTorrent members. You can sign-up / login (it's free).

                                              Question #3

                                              Which delivered role can access the full functionality of Functional Setup Manager?

                                              • A. Application Implementation Manager
                                              • B. Functional Setup Manager Superuser
                                              • C. IT Security Manager
                                              • D. Application Implementation Consultant
                                              • E. Any functional user
                                              Reveal Solution  Discussion  0

                                              Correct Answer: A  🗳️

                                              Explanation: Only visible for ValidTorrent members. You can sign-up / login (it's free).

                                              Question #4

                                              When will Intercompany processing balance a journal using the accounts identified here for the UK Ledger?

                                              • A. when the journal is not balanced by the primary balancing segment value (BSV)
                                              • B. when the journal is balanced by the primary BSV but not by second or third BSV
                                              • C. when the journal is balanced by second balancing segment value
                                              • D. when there is a many-to-many journal and you want to use a clearing company
                                              Reveal Solution  Discussion  0

                                              Correct Answer: B  🗳️

                                              Explanation: Only visible for ValidTorrent members. You can sign-up / login (it's free).

                                              Question #5

                                              A company implementing Oracle General Ledger has a business requirement to report under two accounting conventions and is considering setting up a primary and secondary ledger. The two accounting standards are very close.
                                              Which data conversion level should you recommend to ensure only manual journals will be entered in the secondary ledger?

                                              • A. Subledger level
                                              • B. Journal level
                                              • C. Balance level
                                              • D. Adjustment only level
                                              • E. FBDI level
                                              Reveal Solution  Discussion  0

                                              Correct Answer: D  🗳️

                                              Explanation: Only visible for ValidTorrent members. You can sign-up / login (it's free).

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