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Oracle 1z0-1054-23 Questions & Answers - in .pdf

1z0-1054-23 pdf
  • Total Q&A: 52
  • Update: Aug 11, 2026
  • Price: $59.99
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  • Vendor: Oracle
  • Exam Code: 1z0-1054-23
  • Exam Name: Oracle Financials Cloud: General Ledger 2023 Implementation Professional
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1z0-1054-23 Study Guide
  • Total Q&A: 52
  • Update: Aug 11, 2026
  • Price: $59.99
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  • Vendor: Oracle
  • Exam Code: 1z0-1054-23
  • Exam Name: Oracle Financials Cloud: General Ledger 2023 Implementation Professional
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Oracle 1z0-1054-23 Exam Syllabus Topics:

SectionObjectives
Reporting and Analysis- Financial Reporting
  • 1. Smart View reporting
    • 2. Financial statements generation
      General Ledger Setup- Accounting Configuration
      • 1. Accounting calendars and periods
        • 2. Ledger options configuration
          - Enterprise Structure Configuration
          • 1. Legal entities and ledgers setup
            • 2. Chart of Accounts structure design
              Subledger Accounting- Subledger to GL Integration
              • 1. Transfer to General Ledger
                - Accounting Rules
                • 1. Journal line rules and account derivation
                  Journal Processing- Journal Import and Integration
                  • 1. Spreadsheet upload and external sources
                    - Journal Creation and Posting
                    • 1. Manual and recurring journals
                      • 2. Journal approval workflow
                        Period Close Process- Close Activities
                        • 1. Reconciliation and adjustments
                          • 2. Close monitoring and reporting

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

                            1. The Cloud Client wants to add a global branding logo and more predefined transactional attributes to the journal approval email notification.
                            Which two Business Intelligence catalog objects should you copy (or customize) and edit? (Choose two.)

                            A) The layout-Template
                            B) The Data Source
                            C) Output type
                            D) The Data Model
                            E) The Sub_Template


                            2. Which two statements are true about infotiles and infolets?

                            A) Infotiles pull data from a Smart View analysis.
                            B) Infolets are accessed only from the News Feed home page layout.
                            C) Infotiles have Front view. Back view, and Expanded view.
                            D) You can refresh infolets to see up-to-date data.
                            E) You can create your own user-defined infolets.


                            3. You need to set up a calendar for the year Apr-XX to Mar-YY where YY is the following year, and you would like the periods to be named according to the year they fall in.
                            What format should you choose?

                            A) Period
                            B) Year
                            C) Calendar Year
                            D) Fiscal Year


                            4. A subsidiary company is about to configure their General Ledger in a highly regulated country where there is a legal requirement to produce fiscal reports under local GAAP. Subledgers transferring to General Ledger must use the local currency, and there is a requirement to report to the parent company (not local currency) using International Financial Reporting Standards (IFRS).
                            Which two ledger types should be configured to fulfill this reporting requirement?

                            A) Secondary ledger with the IFRS accounting convention
                            B) Primary ledger with the IFRS accounting convention
                            C) Primary ledger with the local accounting convention
                            D) Reporting currency with the local accounting convention
                            E) Reporting currency with the IFRS accounting convention


                            5. A company implementing Oracle General Ledger has a business requirement to report under two accounting conventions and is considering setting up a primary and secondary ledger. The two accounting standards are very close.
                            Which data conversion level should you recommend to ensure only manual journals will be entered in the secondary ledger?

                            A) Balance level
                            B) Adjustment only level
                            C) FBDI level
                            D) Subledger level
                            E) Journal level


                            Solutions:

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

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                            1z0-1054-23 Related Exams
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