Oracle 1z0-1054-23 Q&A - in .pdf

  • 1z0-1054-23 pdf
  • Exam Code: 1z0-1054-23
  • Exam Name: Oracle Financials Cloud: General Ledger 2023 Implementation Professional
  • Updated: Aug 15, 2026
  • Q & A: 52 Questions and Answers
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  • Updated: Aug 15, 2026
  • Q & A: 52 Questions and Answers
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  • Exam Code: 1z0-1054-23
  • Exam Name: Oracle Financials Cloud: General Ledger 2023 Implementation Professional
  • Updated: Aug 15, 2026
  • Q & A: 52 Questions and Answers
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1z0-1054-23 exam dumps

Oracle 1z0-1054-23 Exam Syllabus Topics:

SectionObjectives
Enterprise Structure and General Ledger Setup- Enterprise Configuration
  • 1. Configure business units and legal entities
  • 2. Configure accounting calendars
  • 3. Define chart of accounts structures
Budgeting and Allocations- Financial Planning
  • 1. Configure budgets
  • 2. Monitor budgetary control
  • 3. Manage allocations
Security and Data Access- Access Management
  • 1. Manage user roles and privileges
  • 2. Configure data access sets
  • 3. Implement security controls
Intercompany Accounting- Intercompany Processing
  • 1. Configure intercompany balancing rules
  • 2. Perform reconciliation activities
  • 3. Manage intercompany transactions
Ledger Configuration- Ledger Management
  • 1. Set up reporting currencies
  • 2. Manage ledger options and balancing segments
  • 3. Configure primary and secondary ledgers
Period Close and Financial Reporting- Close and Reporting Activities
  • 1. Perform period close processes
  • 2. Manage accounting periods
  • 3. Generate financial statements and reports
Journal Processing- Journal Management
  • 1. Manage recurring and automated journals
  • 2. Create and manage journal entries
  • 3. Configure journal approval workflows

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

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

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


2. 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) Ledger-level rule
B) Chart of accounts rule
C) Legal entity-level rule
D) Primary balancing segment rule


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

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


4. After completing a business requirement mapping session, it has been decided that only single Currency Journals will be entered for this Company.
To achieve this requirement, on which two objects should you enable "Limit a Journal to a Single Currency"?
(Choose two.)

A) Journal sources
B) Journal category
C) Journal lookup codes
D) Ledger options
E) Profile option


5. Which two allow access to the BI Catalog for creating an Oracle Transactional Business Intelligence analysis?
(Choose two.)

A) Scheduled Processes
B) Enterprise Performance Management Workspace
C) Reports and Analytics
D) Business Process Management Workspace
E) Universal Content Management Workspace


Solutions:

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

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