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 1z0-1054-20 certification exam covers a wide range of topics, including the configuration of the general ledger, creation and management of ledgers and currencies, journal processing and management, and financial reporting. Candidates are required to have a solid understanding of accounting principles and practices, as well as experience in implementing and managing financial systems. Passing 1z0-1054-20 exam will help candidates demonstrate their ability to implement, configure, and manage Oracle Financials Cloud: General Ledger 2020, and will enhance their career prospects in the financial management industry.

Preparing for the Oracle 1z0-1054-20 certification exam requires a deep understanding of Oracle Financials Cloud: General Ledger 2020. Oracle offers a range of training courses and resources to help you prepare for the exam, including instructor-led training, e-learning courses, and online tutorials. Additionally, Oracle offers certification exam preparation seminars to help you prepare for the exam.

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Oracle 1z0-1054-20 certification exam is designed for professionals who want to validate their skills in implementing Oracle Financials Cloud General Ledger. 1z0-1054-20 exam is intended for individuals who have a strong foundation in financial management concepts and are familiar with cloud-based financial systems. Oracle Financials Cloud: General Ledger 2020 Implementation Essentials certification demonstrates that the candidate has the knowledge and skills required to effectively implement the general ledger module of Oracle Financials Cloud.

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

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