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  • Total Questions: 52
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  • Total Questions: 52
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Buying for a study group or a whole team? The printable PDF version makes shared preparation simple: print copies, meet, and work through the material together. PremiumVCEDump supports that scenario for the 1z0-1054-23 exam with 52 verified practice questions.

Oracle 1z0-1054-23 Exam Syllabus Topics:

SectionObjectives
Topic 1: Period Close and Financial Reporting- Close and Reporting Activities
  • 1. Manage accounting periods
  • 2. Perform period close processes
  • 3. Generate financial statements and reports
Topic 2: Security and Data Access- Access Management
  • 1. Manage user roles and privileges
  • 2. Implement security controls
  • 3. Configure data access sets
Topic 3: Ledger Configuration- Ledger Management
  • 1. Configure primary and secondary ledgers
  • 2. Manage ledger options and balancing segments
  • 3. Set up reporting currencies
Topic 4: Budgeting and Allocations- Financial Planning
  • 1. Manage allocations
  • 2. Configure budgets
  • 3. Monitor budgetary control
Topic 5: Enterprise Structure and General Ledger Setup- Enterprise Configuration
  • 1. Configure accounting calendars
  • 2. Define chart of accounts structures
  • 3. Configure business units and legal entities
Topic 6: Journal Processing- Journal Management
  • 1. Manage recurring and automated journals
  • 2. Create and manage journal entries
  • 3. Configure journal approval workflows
Topic 7: Intercompany Accounting- Intercompany Processing
  • 1. Configure intercompany balancing rules
  • 2. Perform reconciliation activities
  • 3. Manage intercompany transactions

About Our Oracle Financials Cloud: General Ledger 2023 Implementation Professional Practice Material

The Oracle Financials Cloud: General Ledger 2023 Implementation Professional exam is scored on a scale where 68% is required to pass, and the official exam fee is $245 USD.

Oracle recommends implementation experience with Oracle Financials Cloud General Ledger and related ERP Financials modules.

You can confirm the current eligibility requirements on the official 1z0-1054-23 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 2023 Implementation Professional exam requires a score of 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 2023 Implementation Professional practice questions are organized around the official exam objectives. Key topics include:

  • Enterprise Structure and General Ledger Setup ()
  • Period Close and Financial Reporting ()
  • Ledger Configuration ()

Group discussion works especially well when everyone is working through the same topic list.

The Oracle Financials Cloud: General Ledger 2023 Implementation Professional exam contains 50 questions, and you will have 90 minutes minutes to complete them. Practicing at this exact pace is how answer speed is built.

This package includes 52 practice questions for the Oracle Financials Cloud: General Ledger 2023 Implementation Professional exam. Every answer is verified by an experienced team of experts, so you can trust what you study.

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

You are using account hierarchies for reporting and allocations.
Which two statements are true about these types of hierarchies? (Choose two.)

  • A. Hierarchies for reporting and allocations do not have to be published to Essbase cubes.
  • B. Hierarchies for reporting and allocations have to be published to Essbase cubes.
  • C. You can have only one version of a hierarchy published to the Essbase cube at any time.
  • D. Child values in these hierarchies can belong to only one parent.
Reveal Solution  Discussion  0

Correct Answer: C,D  🗳️

Explanation: Only visible for PremiumVCEDump members. You can sign-up / login (it's free).

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 is updated.
  • C. You have an unrealized exchange loss recorded.
  • D. There is no unrealized exchange gain or loss calculated.
  • E. The original journal entry in Euros remains the same.
Reveal Solution  Discussion  0

Correct Answer: C,E  🗳️

Explanation: Only visible for PremiumVCEDump members. You can sign-up / login (it's free).

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. Year
  • B. Fiscal Year
  • C. Calendar Year
  • D. Period
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Explanation: Only visible for PremiumVCEDump members. You can sign-up / login (it's free).

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 Data Model
  • B. The Sub_Template
  • C. Output type
  • D. The Data Source
  • E. The layout-Template
Reveal Solution  Discussion  0

Correct Answer: A,E  🗳️

Explanation: Only visible for PremiumVCEDump members. You can sign-up / login (it's free).

In the implementation project, there is a requirement to add new transactional attributes to the journal approval notification.
Which two Business Intelligence catalog objects should you copy (or customize) and edit? (Choose two.)

  • A. The Data Model
  • B. The layout Template
  • C. Output type
  • D. The Sub Template
  • E. The Style Template
Reveal Solution  Discussion  0

Correct Answer: A,C  🗳️

Explanation: Only visible for PremiumVCEDump members. You can sign-up / login (it's free).

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