Oracle 1Z0-1054-21 Q&A - in .pdf

  • Exam Code: 1Z0-1054-21
  • Exam Name: Oracle Financials Cloud: General Ledger 2021 Implementation Essentials
  • Updated: Jul 29, 2026
  • Q & A: 136 Questions and Answers
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Oracle 1Z0-1054-21 Q&A - Testing Engine

  • Exam Code: 1Z0-1054-21
  • Exam Name: Oracle Financials Cloud: General Ledger 2021 Implementation Essentials
  • Updated: Jul 29, 2026
  • Q & A: 136 Questions and Answers
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Professionals who pass the Oracle 1Z0-1054-21 exam get certified as Oracle Financials Cloud General Ledger 2021 Implementation Essentials. Oracle Financials Cloud: General Ledger 2021 Implementation Essentials certification demonstrates their expertise in implementing and managing the General Ledger module in the Oracle Financials Cloud. Certified professionals are recognized as experts in their field and are highly sought after by organizations that use the Oracle Financials Cloud.

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Oracle 1Z0-1054-21 exam is designed to test candidates' knowledge and expertise in implementing and managing the Oracle Financials Cloud General Ledger. Oracle Financials Cloud: General Ledger 2021 Implementation Essentials certification is aimed at professionals who are responsible for implementing and maintaining financial management solutions using Oracle Financials Cloud. 1Z0-1054-21 exam covers a wide range of topics, including financial reporting, accounting, budgeting, and analytics.

Oracle Financials Cloud: General Ledger 2021 Implementation Essentials exam is a proctored exam that is conducted online. 1Z0-1054-21 exam consists of 60 multiple-choice questions and has a time limit of 105 minutes. The passing score for 1Z0-1054-21 exam is 66%. 1Z0-1054-21 exam fee is $245 USD, and it is subject to change without notice.

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Oracle 1Z0-1054-21 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Journal Processing20%- Import and post journals
- Create and approve journal entries
- Manage allocations and recurring journals
- Perform journal adjustments and reversals
Topic 2: Enterprise and Financial Reporting Structures20%- Define financial reporting structures
- Configure chart of accounts
- Manage segment value security
- Define enterprise structures
Topic 3: Budgetary Control and Encumbrance Accounting10%- Monitor budget balances and control
- Configure budgetary control
- Set up encumbrance accounting
Topic 4: Period Close and Financial Reporting15%- Generate financial statements and reports
- Use Financial Reporting Studio and Smart View
- Perform revaluation, translation, and consolidation
- Manage accounting periods
Topic 5: Ledgers and Accounting Setup25%- Configure currencies, calendars, and accounting conventions
- Define ledgers and ledger sets
- Set up subledger accounting
- Define data access sets
Topic 6: Intercompany and Intracompany Balancing10%- Process and reconcile intercompany entries
- Set up intracompany balancing rules
- Configure intercompany transactions

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