Oracle 1Z1-1054 Q&A - in .pdf

  • Exam Code: 1Z1-1054
  • Exam Name: Oracle Financials Cloud: General Ledger 2019 Implementation Essentials
  • Q & A: 78 Questions and Answers
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  • Exam Code: 1Z1-1054
  • Exam Name: Oracle Financials Cloud: General Ledger 2019 Implementation Essentials
  • Q & A: 78 Questions and Answers
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Oracle Financials Cloud: General Ledger 2019 Implementation Essentials certification exam covers a wide range of topics, including managing financial reporting, managing accounting periods and calendars, managing ledgers, managing currencies and rates, and managing sub-ledgers. It also covers topics related to setting up and managing accounting configurations, managing journals and allocations, managing intercompany transactions, and managing financial controls and security.

The Oracle 1Z1-1054 exam is intended for individuals who work with the Oracle Financials Cloud General Ledger, including consultants, project managers, and technical professionals. The 1Z1-1054 exam consists of 60 multiple-choice questions, and the candidate is given two hours to complete the test. 1Z1-1054 exam is available in English and other languages, and candidates can take it online or in-person at a testing center.

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The Oracle 1Z1-1054 exam covers a wide range of topics including creating and managing accounting hierarchies, configuring accounting rules and policies, financial reporting, and period close processes. The candidate is expected to have a thorough understanding of the general ledger and its role in financial management. They should also be able to implement and manage the system efficiently, making use of its features and functionalities.

Reference: https://education.oracle.com/oracle-financials-cloud-general-ledger-2019-implementation-essentials/pexam_1Z0-1054

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Oracle 1Z1-1054 exam is a comprehensive and challenging exam that evaluates the candidate's knowledge and skills in implementing Oracle Financials Cloud: General Ledger 2019. Passing the exam and earning the certification validates the candidate's expertise in the field and opens up new job opportunities in financial management and accounting. With the increasing adoption of Oracle Financials Cloud by businesses worldwide, this certification is highly valued and sought after by employers.

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Oracle 1Z1-1054 Exam Syllabus Topics:

SectionObjectives
Chart of Accounts- Segment structure design
  • 1. Account combinations
    • 2. Value sets and validation rules
      Journal Processing- Journal creation and approval
      • 1. Recurring journals
        • 2. Manual journals
          • 3. Journal import processes
            Subledger Accounting Integration- Accounting rules configuration
            • 1. Journal lines rules
              • 2. Account derivation rules
                Security and Configuration- GL security model
                • 1. Roles and privileges
                  • 2. Data access sets
                    Reporting and Analysis- Financial reporting tools
                    • 1. Financial Reporting Studio (FRS)
                      • 2. Smart View reporting
                        Period Close Process- Close activities
                        • 1. Financial reporting preparation
                          • 2. Reconciliations
                            Enterprise Structures and Setup- Ledger Configuration
                            • 1. Accounting calendar configuration
                              • 2. Primary ledger setup
                                • 3. Chart of accounts structure

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