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 07, 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
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  • Updated: Aug 07, 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 07, 2026
  • Q & A: 52 Questions and Answers
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Oracle 1z0-1054-23 Exam Syllabus Topics:

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

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

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

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


2. Your customer has a number of Chart of Account Mapping Rules for their Primary and Secondary ledgers.
You decide to use the FBDI template to load the rules.
Which two statements are true when using this method of entry? (Choose two.)

A) You can download the template only from the Manage Chart of Accounts Mappings page.
B) You can create, update, and delete segment rules for a chart of accounts mapping.
C) You can create, update, and delete account rules for a chart of accounts mapping.
D) It supports external integration using REST services.


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


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

A) IT Security Manager
B) Functional Setup Manager Superuser
C) Application Implementation Consultant
D) Any functional user
E) Application Implementation Manager


5. Your company has complex consolidation requirements with multiple General Ledger instances. You are using Oracle Hyperion Financial Management to consolidate the disparate General Ledgers. You can typically map segments between your General Ledger segment to a Hyperion Financial Management segment, such as Company to Entity, Department to Department, and Account to Account What happens to segments in your source General Ledger, such as Program, that cannot be mapped to Hyperion Financial Management?

A) Data is summarized across segments that are not mapped to Hyperion Financial Management.
B) Errors occur for unmapped segments. You must map multiple segments from source General Ledgers to the target segment in Hyperion Financial Management.
C) The unmapped segments default to future use segments in Hyperion Financial Management.
D) No data is transferred.


Solutions:

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

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