When the Oracle certificate is the goal, the 1z0-1054-23 exam is the milestone. Prep4SureReview supports you with 52 practice questions for the Oracle Financials Cloud: General Ledger 2023 Implementation Professional exam, expert-written and continuously refreshed.

Oracle 1z0-1054-23 Exam Overview:

Certification Vendor:	Oracle
Exam Name:	Oracle Financials Cloud: General Ledger 2023 Implementation Professional
Exam Number:	1Z0-1054-23
Real Exam Qty:	50
Exam Duration:	90 minutes
Exam Price:	$245 USD
Exam Format:	Multiple Choice
Certificate Validity Period:	Oracle Cloud certifications are typically valid for the corresponding product release cycle
Available Languages:	English
Related Certifications:	Oracle Cloud ERP Financials Oracle Financials Cloud Certification
Passing Score:	68%
Sample Questions:
Exam Way:	Online proctored exam or test center delivery through Oracle Certification program.
Pre Condition:	Oracle recommends implementation experience with Oracle Financials Cloud General Ledger and related ERP Financials modules.
Official Syllabus URL:	https://education.oracle.com

Oracle 1z0-1054-23 Exam Syllabus Topics:

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

1z0-1054-23 Exam FAQ: The Questions We Hear Most

Are there prerequisites for the 1z0-1054-23 exam?

Oracle recommends implementation experience with Oracle Financials Cloud General Ledger and related ERP Financials modules. These requirements are set by Oracle and can change, so confirm the current rules on the official exam page: https://education.oracle.com before registering for the Oracle Financials Cloud: General Ledger 2023 Implementation Professional exam.

What if I fail the Oracle Financials Cloud: General Ledger 2023 Implementation Professional exam, and how do I receive my product?

Delivery is instant: your 1z0-1054-23 product is emailed within one minute of payment — download the attachment and start. If nothing arrives within 2 hours, check spam and contact support for an immediate resend. On failure: sit the corresponding 1z0-1054-23 exam within 60 days of purchase, submit a scanned enrollment slip and the official Score Report PDF within 2 days after the exam, and the refund completes within 7 days. The policy covers the corresponding exam only; attempts within 3 days of purchase, exams never actually taken, free materials, and expired orders are excluded, and the candidate name must match the payer name. If you prefer, exchange your product for two free exam products of equal value and keep the update service on the original.

How many questions and how much time does the 1z0-1054-23 exam give?

The Oracle Financials Cloud: General Ledger 2023 Implementation Professional exam contains 50 questions within 90 minutes. The ratio is the real challenge — content alone does not finish the exam, pacing does. Run full timed sessions in the Prep4SureReview test engine until finishing early feels normal on the real 1z0-1054-23 exam.

Which topics appear on the 1z0-1054-23 exam?

Oracle spreads the Oracle Financials Cloud: General Ledger 2023 Implementation Professional syllabus over 7 areas, led by Budgeting and Allocations, Ledger Configuration, Period Close and Financial Reporting. Study proportionally to those shares — the complete outline is in the section above this page.

What is the Oracle 1z0-1054-23 exam, and why do so many people take it?

The 1z0-1054-23 exam is Oracle's official certification test — passing it earns the Oracle Financials Cloud credential at the Professional level. It measures practical IT ability objectively, which is why employers treat the Oracle Financials Cloud: General Ledger 2023 Implementation Professional certificate as a reliable signal — and why candidate numbers keep growing. It also relates to Oracle Financials Cloud Certification, Oracle Cloud ERP Financials, extending its value further.

How much does the 1z0-1054-23 exam cost, and what score is required?

Each Oracle Financials Cloud: General Ledger 2023 Implementation Professional attempt costs $245 USD, with 68% as the pass mark. A retake charges the full fee again, so the smart move is arriving overprepared. Practice with Prep4SureReview until your timed mock scores clear 68% comfortably, then book the 1z0-1054-23 exam once.

Can I preview the 1z0-1054-23 questions before buying?

Yes — Prep4SureReview offers a free demo of the Oracle Financials Cloud: General Ledger 2023 Implementation Professional questions, including a part of the material, so you can download and judge before you decide. After purchase, 365 days of free updates are included; once the year ends, extend the update service at a 50% discount from your member zone.

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

Question #1

Your ledger currency is USD. At month end, you have a balance on the Accounts Payable Liability Account of
100,000 Euros, which is equivalent to 136,550 USD. This balance needs to be revalued. The month-end exchange rate for revaluation is 1 Euro = 1.3755 USD.
What two statements are true about the resulting revaluation run?

A. You have an unrealized exchange gain recorded.
B. The original journal entry in Euros remains the same.
C. The original journal entry in Euros is updated.
D. There is no unrealized exchange gain or loss calculated.
E. You have an unrealized exchange loss recorded.

Reveal Solution Discussion 0

Correct Answer: B,E 🗳️