Oracle 1z0-1054-23 : Oracle Financials Cloud: General Ledger 2023 Implementation Professional

1z0-1054-23 real exams

Exam Code: 1z0-1054-23

Exam Name: Oracle Financials Cloud: General Ledger 2023 Implementation Professional

Updated: Aug 29, 2026

Q & A: 52 Questions and Answers

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Oracle 1z0-1054-23 Exam Syllabus Topics:

SectionObjectives
Topic 1: Subledger Accounting- Accounting Rules
  • 1. Journal line rules and account derivation
    - Subledger to GL Integration
    • 1. Transfer to General Ledger
      Topic 2: Reporting and Analysis- Financial Reporting
      • 1. Smart View reporting
        • 2. Financial statements generation
          Topic 3: General Ledger Setup- Accounting Configuration
          • 1. Accounting calendars and periods
            • 2. Ledger options configuration
              - Enterprise Structure Configuration
              • 1. Legal entities and ledgers setup
                • 2. Chart of Accounts structure design
                  Topic 4: Period Close Process- Close Activities
                  • 1. Reconciliation and adjustments
                    • 2. Close monitoring and reporting
                      Topic 5: Journal Processing- Journal Creation and Posting
                      • 1. Journal approval workflow
                        • 2. Manual and recurring journals
                          - Journal Import and Integration
                          • 1. Spreadsheet upload and external sources

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

                            Question 1

                            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 Sub_Template
                            B. Output type
                            C. The Data Source
                            D. The Data Model
                            E. The layout-Template


                            Question 2

                            In which two ways can your users personalize the Springboards and Work Areas to suit their individual working styles? (Choose two.)

                            A. They can use "+" under the Apps section of the News Feed homepage
                            B. Users have very little control configuring their Springboards and Work Areas; they can only resize columns
                            C. They can have the System Administrator configuring pages for them using Page Composer
                            D. They can format certain tables by hiding and showing columns, moving columns, and resizing columns


                            Question 3

                            What are two uses of the Column Flattening and Row Flattening features? (Choose two.)

                            A. Verify correctness of trees.
                            B. Optimize parent/child relationships.
                            C. Set the status of a tree to active.
                            D. View information for runtime performance.
                            E. Create additional versions of a tree.


                            Question 4

                            Which two statements are true regarding the Translation process? (Choose two.)

                            A. If necessary, before submitting the Translation process, the Revaluation process should be completed.
                            B. The Translation process can only be used for translating the balances of Secondary ledgers.
                            C. The Translation process can only be used to translate balance sheet accounts.
                            D. Any resulting offset from the translation is entered in the Cumulative Translation Adjustment account.
                            E. The Translation process should be run before posting Period Close adjustment entries.


                            Question 5

                            An Oracle Fusion Cloud customer has a complex enterprise structure that includes multiple legal entities in multiple countries. To match the intercompany balancing requirements, all four levels of rules have been defined. In user testing, the business experts are asking which rule will be considered first when balancing an intercompany journal?

                            A. Chart of accounts rule
                            B. Primary balancing segment rule
                            C. Legal entity-level rule
                            D. Ledger-level rule


                            Solutions:

                            Question 1
                            Answer: D,E
                            Question 2
                            Answer: A,D
                            Question 3
                            Answer: A,C
                            Question 4
                            Answer: A,D
                            Question 5
                            Answer: B

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