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Oracle 1z0-1054-23 exam : Oracle Financials Cloud: General Ledger 2023 Implementation Professional

1z0-1054-23 Exam Simulator
  • Exam Code: 1z0-1054-23
  • Exam Name: Oracle Financials Cloud: General Ledger 2023 Implementation Professional
  • Updated: Jul 31, 2026
  • Q & A: 52 Questions and Answers
  • Oracle 1z0-1054-23 Q&A - in .pdf

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Oracle 1z0-1054-23 Exam Syllabus Topics:

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

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

1. On a primary ledger in the system options close section, the following field has been selected 'Prevent General Ledger Period Closure When Open Subledger Periods Exist'.
For which three subledgers can you opt out of the period close checking feature by using the lookup ORA_GL_INCLD_STRICT_PRD_CLOSE? (Choose three.)

A) Assets
B) Receipt accounting
C) Order Management
D) Receivables
E) Revenue Management


2. 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 lookup codes
C) Profile option
D) Journal category
E) Ledger options


3. You are trying to run a Financial Reporting Web Studio report from Financial Reporting Center. However, it is not appearing as a choice.
Which are two reasons for this? (Choose two.)

A) You have not saved it in the MyFolders directory.
B) You have not downloaded the report to your local drive.
C) You have not uploaded it to Financial Reporting Center.
D) You have not saved it in the Shared Folder/Custom/Financials directory.


4. The Cloud Client wants to add a global branding logo and more predefined transactional attributes to the journal approval email notification.
Which two Business Intelligence catalog objects should you copy (or customize) and edit? (Choose two.)

A) The Sub_Template
B) The layout-Template
C) The Data Model
D) The Data Source
E) Output type


5. In the implementation project, there is a requirement to add new transactional attributes to the journal approval notification.
Which two Business Intelligence catalog objects should you copy (or customize) and edit? (Choose two.)

A) The layout Template
B) The Data Model
C) The Sub Template
D) The Style Template
E) Output type


Solutions:

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

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