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Oracle 1Z1-1054 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Chart of Accounts | - Segment structure design
|
| Enterprise Structures and Setup | - Ledger Configuration
|
| Subledger Accounting Integration | - Accounting rules configuration
|
| Reporting and Analysis | - Financial reporting tools
|
| Period Close Process | - Close activities
|
| Security and Configuration | - GL security model
|
| Journal Processing | - Journal creation and approval
|
Common Questions About the Oracle Financials Cloud: General Ledger 2019 Implementation Essentials Exam
The Oracle Financials Cloud: General Ledger 2019 Implementation Essentials exam is the official Oracle test registered under exam code 1Z1-1054. Passing it earns you the Oracle Financials Cloud Implementation Professional certification, a credential at the Professional level. It is also linked to the related certifications: Oracle Financials Cloud: Payables Implementation Essentials, Oracle Financials Cloud: Receivables Implementation Essentials. Oracle exams are valued because they test job-ready skills, so a passing score here carries real weight on a resume.
The Oracle Financials Cloud: General Ledger 2019 Implementation Essentials exam includes 60-70 questions to be completed within 120 minutes. Do the pacing math before exam day: with that many items on the clock, you need a steady rhythm and the discipline to flag a hard question and move on instead of stalling. Two or three full timed sessions with the TorrentExam test engine will show you exactly what that pace feels like, so time pressure stops being a factor on the real day.
To pass the Oracle Financials Cloud: General Ledger 2019 Implementation Essentials exam you need 65-68%, and the official registration fee is $245 USD. A retake is not discounted: a failed attempt means paying the full $245 USD again, so treat your first sitting as the expensive one. A sensible rule is to book your seat only after you are scoring comfortably above the passing mark on the TorrentExam practice tests, not just squeaking past it once.
Basic knowledge of accounting principles and Oracle Financials Cloud navigation is recommended.
Eligibility rules do change from time to time, so confirm the current requirements before you register on the official exam page.
Registration for the Oracle Financials Cloud: General Ledger 2019 Implementation Essentials exam goes through the official channels below.
As for the delivery format, the exam is taken Online proctored or test center exam via Oracle Certification Platform.
Oracle points candidates toward the following training options for Oracle Financials Cloud: General Ledger 2019 Implementation Essentials.
Course work builds the foundation; question practice makes it stick. The 78 practice questions in the TorrentExam 1Z1-1054 package let you rehearse each topic under exam-style pressure before the real thing.
Yes. TorrentExam offers a free PDF demo of the Oracle Financials Cloud: General Ledger 2019 Implementation Essentials material so you can judge the question quality and format before spending anything. After purchase, your license includes 365 days of free updates, and if you want to keep receiving updates after that period, renewals are available at a 50% discount.
If you take the Oracle Financials Cloud: General Ledger 2019 Implementation Essentials exam within 60 days of your purchase and do not pass, TorrentExam backs you with a 100% money-back guarantee. The claim must match the exam your product covers: attempts taken within 3 days of purchase are not eligible (that is too little preparation time), and neither are downloaded-but-unused products, free materials, or expired orders. The candidate name must match the payer name, and you need to submit a scanned enrollment slip plus the official Score Report PDF within 2 days of the exam; claims are processed within 7 days. Prefer not to refund? You can swap instead and receive two other exam products of equal value for free while keeping the update service on your original purchase.
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The official Oracle Financials Cloud: General Ledger 2019 Implementation Essentials syllabus is organized into 7 domains. Key areas include Security and Configuration, Period Close Process, and Chart of Accounts. The complete, up-to-date topic list appears in the exam topics section above; work through it line by line and flag anything you cannot yet explain in your own words.
Oracle Financials Cloud: General Ledger 2019 Implementation Essentials Sample Questions:
You want to automatically post journal batches imported form subledger sources to prevent accidental edits or deletions of the subledger sources journals, which could cause an out-of-balance situation between your subledgers and general ledger. Which two aspects should you consider when defining your AutoPost Criteria?
(Choose two.)
- A. Schedule your AutoPost Criteria set to run during off-peak hours only
- B. Include all of your subledger sources in the AutoPost Criteria. Divide up criteria sets by subledger source only if you need to schedule different posting times
- C. Use the All option for category and accounting period to reduce maintenance and ensure that all imported journals are included in the posting process
- D. Create your AutoPost criteria using minimal sources and categories
Correct Answer: B,C 🗳️
Which tool can you use to create a Financial Income Statement?
- A. One View Reporting
- B. Account Inspector
- C. Rapid Implementation Enterprise Structures setup
- D. PS/nVision
Correct Answer: B 🗳️
In which two ways can your users customize the Springboards and Work Areas to suit their individual working styles? (Choose two.)
- A. They can have the System Administration customize pages for them using Page Composer
- B. Users have very little control their Springboards and Work Areas; they can only resize columns
- C. They can use Personalization to move and remove regions from those pages
- D. They can format each table by hiding and showing columns, moving columns, and resizing columns
Correct Answer: C,D 🗳️
In Financial Cloud, which three reporting tools can be used to access General Ledger balances? (Choose three.)
- A. Oracle Enterprise Repository
- B. Smart View
- C. Oracle Transactions Business Intelligence
- D. Financial Reporting Studio
- E. Application Composer
Correct Answer: B,C,D 🗳️
You want to enter budget data in General Ledger Cloud. Which method is not supported?
- A. Application Development Framework Desktop Integration (ADFdi)
- B. File-based Data Import
- C. Direct budget balance updates from a Financial Statement in Smart View
- D. Entering budget journals
Correct Answer: D 🗳️
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