PDF to print, Windows software to simulate and score, an online APP for every device you own — the Oracle Financials Cloud: General Ledger 2022 Implementation Professional set from ExamTorrent adapts to you, 133 practice questions in every format.
Oracle 1z0-1054-22 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: General Ledger 2022 Implementation Professional |
| Exam Number: | 1Z0-1054-22 |
| Available Languages: | English |
| Passing Score: | 60% |
| Real Exam Qty: | 55 |
| Exam Price: | USD 245 |
| Certificate Validity Period: | Version-specific / No expiration |
| Exam Duration: | 90 minutes |
| Exam Format: | Multiple Choice |
| Related Certifications: | Oracle Fusion Cloud Financials Implementation Professional |
| Recommended Training: | Oracle Financials Cloud: General Ledger 2022 Implementation Training |
| Exam Registration: | Oracle University Exam Page Pearson VUE Registration |
| Sample Questions: |  |
| Exam Way: | Online proctored or onsite testing at Pearson VUE centers |
| Pre Condition: | No mandatory prerequisites; hands-on implementation experience recommended |
| Official Syllabus URL: | https://education.oracle.com/oracle-financials-cloud-general-ledger-2022-implementation-professional/pexam_1Z0-1054-22 |
Oracle 1z0-1054-22 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Journals and Allocations | 15% | - Configure Journal Approval Rules - Create and Process Journal Entries - Define Allocations and Periodic Entries |
| Topic 2: Period Close and Security | 15% | - Explain GL Balances Cube - Manage General Ledger Security and Access - Configure Period Close Components |
| Topic 3: Financial Reporting and Analysis | 15% | - Use Financial Reporting Center - Build Reports with Financial Reporting Web Studio - Analyze Data with OTBI and Smart View |
| Topic 4: Intercompany Functionality | 15% | - Process Intercompany Transactions - Set Up Intercompany Balancing Rules - Perform Intercompany Reconciliations |
| Topic 5: Ledgers and Accounting Configuration | 20% | - Configure Primary and Secondary Ledgers - Manage Budgetary Control and Encumbrance - Set Up Accounting Calendars and Currencies |
| Topic 6: Enterprise and Financial Reporting Structures | 20% | - Configure Chart of Accounts and Segments - Manage Legal Entities and Jurisdictions - Define Account Hierarchies and Trees |
Oracle 1z0-1054-22 Exam: Candidate Questions
No mandatory prerequisites; hands-on implementation experience recommended Eligibility rules do change, so confirm the current requirements on the official page (official 1z0-1054-22 exam page) before booking.
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USD 245 per attempt, 60% to pass. Since a retake costs the full fee, prepare with direction: the 133 practice questions from ExamTorrent focus your effort where the exam points are.
The Oracle Financials Cloud: General Ledger 2022 Implementation Professional is Oracle's certification exam for Oracle Financials Cloud: General Ledger 2022 Implementation Professional, at the Professional level. It validates applied skills employers hire for — a credential worth the effort. Related credentials include Oracle Fusion Cloud Financials Implementation Professional.
The Oracle Financials Cloud: General Ledger 2022 Implementation Professional blueprint covers 6 domains — including Ledgers and Accounting Configuration (20%), Enterprise and Financial Reporting Structures (20%), Financial Reporting and Analysis (15%). The weightings are your efficiency map: heavy domains first. Every subtopic appears in the outline above.
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The Oracle Financials Cloud: General Ledger 2022 Implementation Professional is delivered Online proctored or onsite testing at Pearson VUE centers, so pick the arrangement that suits you when booking.
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Oracle Financials Cloud: General Ledger 2022 Implementation Professional Sample Questions:
You want to achieve multi-step cascading allocations, which feature do you use?
- A. General Ledger journal entries
- B. Point of View (POV)
- C. Formulas
- D. RuleSets
Correct Answer: D 🗳️
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Which two statements are true regarding the Intercompany Reconciliation Report? (Choose two.)
- A. This report can be run using an additional currency and conversion rate that converts all amounts into a common currency for comparison.
- B. This report displays only the reconciled transactions. You need to further process automatic reconciliation to reconcile the unreconciled transactions.
- C. This report includes Ledger balancing lines generated when the primary balancing segment value (BSV) is in balance, but either the second or third BSVs are not.
- D. This report displays the intercompany receivables and intercompany payables balances in summary for a period.
- E. You can only drill down to the general ledger journal and then from there to the subledger journal entry.
Correct Answer: A,C 🗳️
Explanation: Only visible for ExamTorrent members. You can sign-up / login (it's free).
Your client has been using Budgetary Control for six months. Now, they want to use the Spend Authorization.
After opting in the new feature Spend Authorization with Budgetary Control, what additional three actions need to be accomplished to activate this feature? (Choose three.)
- A. Enable Payment Request Subtypes
- B. Create a Payment Process Profile
- C. Rebuild the GL Balances Cube
- D. Enable spend authorization
- E. Rebuild the Budgetary Control Cube
Correct Answer: A,D,E 🗳️
Explanation: Only visible for ExamTorrent members. You can sign-up / login (it's free).
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. Revenue Management
- B. Assets
- C. Order Management
- D. Receivables
- E. Receipt accounting
Correct Answer: B,D,E 🗳️
Explanation: Only visible for ExamTorrent members. You can sign-up / login (it's free).
You need to set up a calendar for fiscal year Apr-XX to March-YY where YY is the following year, and you would like the periods to be named according to the year they fall in.
What Calendar format should you choose?
- A. Year
- B. Calendar
- C. Period
- D. Fiscal
Correct Answer: D 🗳️
Explanation: Only visible for ExamTorrent members. You can sign-up / login (it's free).
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