Preparing for the Oracle Financials Cloud: General Ledger 2019 Implementation Essentials exam in 2026 feels different when your materials were designed from the customer's perspective rather than copied from a textbook. At Prep4SureReview, the 78 practice questions in the 1Z0-1054 bank come in PDF, Desktop Test Engine, and Online Test Engine formats, each with a free demo and 365 days of free updates.
Oracle 1Z0-1054 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: General Ledger 2019 Implementation Essentials |
| Exam Number: | 1Z0-1054 |
| Exam Format: | Multiple Choice, Multiple Response |
| Available Languages: | English |
| Passing Score: | 65-68% |
| Exam Price: | $245 USD |
| Certificate Validity Period: | 2 years |
| Exam Duration: | 120 minutes |
| Related Certifications: | Oracle Financials Cloud: Payables Implementation Essentials Oracle Financials Cloud: Receivables Implementation Essentials |
| Real Exam Qty: | 60-70 |
| Recommended Training: | Oracle Financials Cloud Training |
| Exam Registration: | Oracle Certification Registration |
| Sample Questions: |  |
| Exam Way: | Online proctored or test center exam via Oracle Certification Platform |
| Pre Condition: | Basic knowledge of accounting principles and Oracle Financials Cloud navigation is recommended. |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1Z0-1054 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Security and Configuration | - GL security model
|
| Topic 2: Enterprise Structures and Setup | - Ledger Configuration
|
| Topic 3: Period Close Process | - Close activities
|
| Topic 4: Subledger Accounting Integration | - Accounting rules configuration
|
| Topic 5: Journal Processing | - Journal creation and approval
|
| Topic 6: Chart of Accounts | - Segment structure design
|
| Topic 7: Reporting and Analysis | - Financial reporting tools
|
Frequently Asked Questions About the 1Z0-1054 Exam
The official Oracle Financials Cloud: General Ledger 2019 Implementation Essentials outline divides the exam into 7 major domains. The three that carry the most weight are Journal Processing, Chart of Accounts, and Reporting and Analysis. You can see the full breakdown in the topics section above, and the 78 practice questions at Prep4SureReview cover every listed domain.
The Oracle Financials Cloud: General Ledger 2019 Implementation Essentials exam presents 60-70 and allows 120 minutes. That pacing works out to a bit more than a minute per question, so timed practice matters — the Prep4SureReview Desktop and Online Test Engines both let you rehearse under exam-style time limits before the real thing.
Oracle recommends the following training and study resources for the Oracle Financials Cloud: General Ledger 2019 Implementation Essentials exam:
Official courses are a solid foundation, and many candidates pair them with the 78 practice questions from Prep4SureReview to test whether the material actually sticks under exam-style conditions.
The 1Z0-1054 exam is a Oracle certification exam that validates the knowledge outlined in the official Oracle Financials Cloud: General Ledger 2019 Implementation Essentials syllabus shown above. It is associated with the following credential paths: Oracle Financials Cloud: Payables Implementation Essentials, Oracle Financials Cloud: Receivables Implementation Essentials. Employers in 2026 continue to treat Oracle credentials as reliable proof of skill, which is why the exam attracts candidates at many career stages. Prep4SureReview supports your preparation with 78 practice questions in PDF, Desktop Test Engine, and Online Test Engine formats.
Basic knowledge of accounting principles and Oracle Financials Cloud navigation is recommended. For the most current eligibility details, always confirm on the official Oracle exam page before you schedule.
Prep4SureReview backs your purchase with a written refund commitment: if you take the Oracle Financials Cloud: General Ledger 2019 Implementation Essentials exam within 60 days of purchase and do not pass, you can claim a full refund. The policy does not apply if the exam is taken within 3 days of purchase, if the exam was never actually taken, or to free materials or expired orders, and the candidate name must match the payer name. To claim, submit a scan of your enrollment slip and the official Score Report PDF within 2 days of the exam; claims are processed within 7 days. Prefer to keep studying instead? You can exchange for two free exam products of equal value while keeping your original product's update service. Orders are delivered by email within 1 minute — if nothing arrives within 2 hours, contact support and the team will sort it out.
The passing score for the Oracle Financials Cloud: General Ledger 2019 Implementation Essentials exam is 65-68%, and the registration fee is $245 USD. Since a retake means paying the fee again, it makes financial sense to walk in prepared — a self-test with the Prep4SureReview practice engines shows you roughly where you stand before you spend that money.
Every purchase includes the full set of 78 practice questions for the Oracle Financials Cloud: General Ledger 2019 Implementation Essentials exam in all three formats — a printable PDF prepared by experts, a Desktop Test Engine for Windows with two practice modes that simulates the real exam environment offline, and an Online Test Engine that runs in any browser on Windows, Mac, Android, and iOS with test history and performance review. You can install the products on unlimited computers, try a free demo first, and receive free updates for 365 days. When your update year ends, renewal comes at 50% off.
Online proctored or test center exam via Oracle Certification Platform Registration for the Oracle Financials Cloud: General Ledger 2019 Implementation Essentials exam is handled through these official channels:
Book early — popular testing windows fill quickly, and your Prep4SureReview practice questions will be waiting in your inbox within 1 minute of purchase.
Oracle Financials Cloud: General Ledger 2019 Implementation Essentials Sample Questions:
Your customer uses Financials Cloud, Projects, Inventory and Procurement.
Which two statements are true regarding intercompany accounting for these products? (Choose two.)
- A. They need to license a separate stand-alone Intercompany product that acts as the Intercompany Accounting Hub
- B. Each product has its own Intercompany Accounting feature that needs to be set up separately
- C. Intercompany Balancing Rules are defined centrally and applied across Financials and Project Portfolio Management
- D. Within Financials Cloud, Intercompany Balancing Rules are used to balance both cross-ledger intercompany transactions and single-ledger Intercompany journals
Correct Answer: A,D 🗳️
Account combinations can be created and/or modified using the Import Account Combinations file-based data import (FBDI).
Which represents the appropriate upload steps?
- A. Insert rows into the GL_MULTI_COMBINATIONS_INT table using the FBDI template and then submit the Import Account Combinations process.
- B. Submit the Import Account Combinations process, then insert rows into the GL_BULK_COMBINATIONS_INT table using the FBDI template.
- C. Insert rows into the GL_BULK_COMBINATIONS_INT table using the FBDI template and then submit the Import Account Combinations process.
- D. Submit the Import Account Combinations process, then insert rows into the GL_MULTI_COMBINATIONS_INT table using the FBDI template.
Correct Answer: C 🗳️
You are using budgetary control. You have an open purchase order for $500 USD, and an invoice for $300 is matched to the purchase order. What will be the funds status of the purchase order and the invoice?
- A. The purchase order is Liquidated and the invoice is Partially Reserved
- B. The purchase order is Partially Liquidated and the invoice will be Reserved
- C. The purchase order is Partially Liquidated and the invoice is Partially Reserved
- D. The purchase order is Open and the invoice is Validated
- E. Both are reserved
- F. Both are Partially Reserved
Correct Answer: C 🗳️
After loading your budget data into General Ledger Cloud, you can view budget balances using these features.
Which feature does not belong on the list?
- A. Smart View
- B. Application Development Framework Desktop Integration Budget Balances Report
- C. Account Inspector
- D. Account Monitor
Correct Answer: B 🗳️
You want to specify Intercompany System Options. Which three factors should you consider? (Choose three.)
- A. whether to allow receivers to reject intercompany transactions
- B. whether to enforce an enterprise-wide currency or allow intercompany transactions in local currencies
- C. the approvers who will approve intercompany transactions
- D. automatic or manual batch numbering and the maximum transaction amount
- E. automatic or manual batch numbering and the minimum transaction amount
Correct Answer: A,B,E 🗳️
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