Paper or screen? The 1Z1-1054 package does not force the choice. Prep4SureReview offers a printable PDF for traditional study and an interactive test engine for realistic simulation, both built on the same 78 verified practice questions.
Oracle 1Z1-1054 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: General Ledger 2019 Implementation Essentials |
| Exam Number: | 1Z0-1054 |
| Certificate Validity Period: | 2 years |
| Exam Price: | $245 USD |
| Exam Format: | Multiple Response, Multiple Choice |
| Real Exam Qty: | 60-70 |
| Exam Duration: | 120 minutes |
| Related Certifications: | Oracle Financials Cloud: Receivables Implementation Essentials Oracle Financials Cloud: Payables Implementation Essentials |
| Available Languages: | English |
| Passing Score: | 65-68% |
| 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 1Z1-1054 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Subledger Accounting Integration | - Accounting rules configuration
|
| Topic 2: Chart of Accounts | - Segment structure design
|
| Topic 3: Security and Configuration | - GL security model
|
| Topic 4: Journal Processing | - Journal creation and approval
|
| Topic 5: Enterprise Structures and Setup | - Ledger Configuration
|
| Topic 6: Period Close Process | - Close activities
|
| Topic 7: Reporting and Analysis | - Financial reporting tools
|
1Z1-1054 Study Package FAQ
You can register for the Oracle Financials Cloud: General Ledger 2019 Implementation Essentials exam through the official channels:
Many candidates combine practice questions with official training. Recommended options include:
Basic knowledge of accounting principles and Oracle Financials Cloud navigation is recommended.
You can confirm the current eligibility requirements on the official 1Z1-1054 exam page before you register.
The engine lets you set the same time limit and marking scheme as the real exam, so every session trains your pace, not just your knowledge. It also resurfaces the questions you answer wrong until they stick, and lets you hide the ones you always get right — together, these keep your speed and confidence climbing steadily.
The Oracle Financials Cloud: General Ledger 2019 Implementation Essentials exam requires a score of 65-68% to pass, and the official registration fee is $245 USD. Careful preparation is the most practical protection for that fee.
Very much so. The PDF version is designed to be printed, which makes it ideal for shared preparation: print copies for everyone, meet up, and discuss the questions together. Candidates preparing as a team or buying for a company often choose this version precisely because paper travels well in a meeting room.
The Oracle Financials Cloud: General Ledger 2019 Implementation Essentials practice questions are organized around the official exam objectives. Key topics include:
- Reporting and Analysis ()
- Journal Processing ()
- Subledger Accounting Integration ()
Group discussion works especially well when everyone is working through the same topic list.
The Oracle Financials Cloud: General Ledger 2019 Implementation Essentials exam contains 60-70 questions, and you will have 120 minutes minutes to complete them. Practicing at this exact pace is how answer speed is built.
This package includes 78 practice questions for the Oracle Financials Cloud: General Ledger 2019 Implementation Essentials exam. Every answer is verified by an experienced team of experts, so you can trust what you study.
Oracle Financials Cloud: General Ledger 2019 Implementation Essentials Sample Questions:
Which subject area has been enhanced to allow you to drill down from OTBI General Ledger Reports to a General Ledger journal?
- A. General Ledger - Journal Balances Real Time
- B. General Ledger - Summary Journals Real Time
- C. General Ledger - Journal Transaction Balances Real Time
- D. General Ledger - Journals Real Time
Correct Answer: D 🗳️
Which reporting tool is best suited for submitting high-volume transactional reports, such as Invoice Registers or Trial Balance reports, that can be configured to extract the data in Rich Text Format or xml?
- A. Smart View
- B. Business Intelligence Publisher (BI Publisher)
- C. Financial Reporting Center
- D. Oracle Transactional Business Intelligence (OTBI)
- E. Oracle Data Visualization Cloud Service
Correct Answer: B 🗳️
You want to be notified of anomalies in certain account balances in real time. What is the most efficient way to do this?
- A. Create an Account Group using Account Monitor
- B. Use Account Inspector
- C. Perform an account analysis online
- D. Open a Smart View file saved on your desktop
Correct Answer: A 🗳️
You want to process multiple allocations at the same time. What feature do you use?
- A. Formulas
- B. General Ledger journal entries
- C. Point of View (POV)
- D. RuleSets
Correct Answer: D 🗳️
Your customer has a large number of legal entities. The legal entity values are defined in the company segment which represents the primary balancing segment. They want to easily create eliminating entries for their intercompany activity. What would you recommend?
- A. There is no need to define an intercompany segment. You can track the intercompany trading partner using distinct intercompany receivable/payable natural accounts to identify the trading partner
- B. Define an intercompany segment in the chart of accounts. The Intercompany module and the Intercompany balancing feature in general ledger and subledger accounting will automatically populate the intercompany segment which the balancing segment value of the legal entity with which you are trading
- C. There is no need to define an intercompany segment, the Intercompany module keeps track of the trading partners for you based on the intercompany rules to define
- D. Define an intercompany segment and qualify it as the second balancing segment to make sure all entries are balanced for the primary balancing segment and intercompany segment
Correct Answer: B 🗳️
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