Oracle 1z0-1054-20 Q&A - in .pdf

  • Exam Code: 1z0-1054-20
  • Exam Name: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials
  • Updated: Aug 06, 2026
  • Q & A: 103 Questions and Answers
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  • Exam Code: 1z0-1054-20
  • Exam Name: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials
  • Updated: Aug 06, 2026
  • Q & A: 103 Questions and Answers
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Oracle Financials Cloud: General Ledger 2020 Implementation Essentials certification exam is a challenging and comprehensive exam that covers a vast range of topics. 1z0-1054-20 exam tests the individual’s ability to design, implement, manage, and support Oracle’s cloud-based financial management solution. Individuals who pass 1z0-1054-20 exam earn the Oracle Financials Cloud: General Ledger 2020 Implementation Specialist certification which validates their expertise in financials and cloud-based solutions.

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Oracle 1z0-1054-20 is an exam that tests the knowledge and skills of individuals who are interested in becoming certified in Oracle Financials Cloud: General Ledger 2020 Implementation Essentials. 1z0-1054-20 exam is designed to ensure that candidates have the necessary expertise to implement and configure the Oracle Financials Cloud General Ledger solution effectively.

The Oracle 1z0-1054-20 exam covers a variety of topics, including General Ledger Configuration, Journal Processing, Budgeting and Forecasting, and Financial Reporting. These topics are critical for professionals who work in accounting and finance, and the exam ensures that candidates have the skills and knowledge to effectively manage and utilize the Oracle Financials Cloud platform.

Oracle 1z0-1054-20 exam is a challenging certification that requires a significant amount of preparation and study. Candidates must have a solid understanding of financial management principles, as well as a strong technical background in Oracle Financials Cloud. They must also be familiar with the latest industry trends and best practices. To prepare for the exam, candidates can take advantage of a variety of study resources, including online courses, practice exams, and study guides.

Reference: https://education.oracle.com/oracle-financials-cloud-general-ledger-2020-implementation-essentials/pexam_1Z0-1054-20

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Oracle 1z0-1054-20 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Enterprise and Ledger Configuration25%- Configure Chart of Accounts security
- Configure legal entity structure
- Set up accounting calendars and currencies
- Design and configure Chart of Accounts
- Define primary, secondary ledgers and reporting currencies
Topic 2: Reporting and Analytics10%- Explore OTBI and General Ledger subject areas
- Use Financial Reporting Studio
- Leverage Smart View and General Accounting Dashboard
Topic 3: Budgetary Control and Encumbrance10%- Set up budgetary control
- Monitor budget consumption
- Configure and process encumbrance journals
Topic 4: Period Close and Consolidation15%- Configure and run revaluation and translation
- Execute consolidations and reconciliations
- Perform period close process
Topic 5: Subledger and Intercompany Accounting20%- Create and manage subledger accounting rules
- Process intercompany transactions and reconciliations
- Configure intercompany setup and balancing rules
Topic 6: Journal Processing20%- Process manual and automated journal entries
- Define allocations and periodic entries
- Manage journal descriptions and supporting references
- Set up journal approval rules

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