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

  • Exam Code: 1z0-1054-23
  • Exam Name: Oracle Financials Cloud: General Ledger 2023 Implementation Professional
  • Updated: Sep 24, 2026
  • Q&As: 52 Questions and Answers

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Oracle 1z0-1054-23 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Financials Cloud: General Ledger 2023 Implementation Professional
Exam Number:1Z0-1054-23
Available Languages:English
Related Certifications:Oracle Cloud ERP Financials
Oracle Financials Cloud Certification
Exam Format:Multiple Choice
Exam Duration:90 minutes
Real Exam Qty:50
Passing Score:68%
Exam Price:$245 USD
Certificate Validity Period:Oracle Cloud certifications are typically valid for the corresponding product release cycle
Sample Questions:Free Download 1z0-1054-23 exam demo
Exam Way:Online proctored exam or test center delivery through Oracle Certification program.
Pre Condition:Oracle recommends implementation experience with Oracle Financials Cloud General Ledger and related ERP Financials modules.
Official Syllabus URL:https://education.oracle.com

Oracle 1z0-1054-23 Exam Syllabus Topics:

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

Oracle Financials Cloud: General Ledger 2023 Implementation Professional Questions Answered by PassSureExam

Expect roughly 50 questions in a 90 minutes-minute session. Rehearsing with 52 practice questions for the 1z0-1054-23 exam at PassSureExam builds the pacing and stamina that this format demands.
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Oracle recommends implementation experience with Oracle Financials Cloud General Ledger and related ERP Financials modules.
Quite the opposite. Your 1z0-1054-23 product arrives by automatic email about a minute after payment — always well within ten minutes — and from then on the service team stays reachable day and night. No problem you raise after purchase gets ignored, whether it is an installation question, a content doubt, or help finding your download. That ongoing care is what turns a purchase at PassSureExam into something closer to a service relationship than a simple transaction.
It comes down to the three reasons behind any good purchase. You need Oracle Financials Cloud: General Ledger 2023 Implementation Professional preparation that matches the real exam, and the PassSureExam bank delivers 52 practice questions for the 1z0-1054-23 exam with verified answers. Quality is maintained through daily checks and regular feedback research rather than claimed in slogans. And service continues after checkout — around the clock, with real answers instead of silence.
The passing mark is 68% and the registration fee is $245 USD. Since a retake means paying that fee again, preparing properly the first time with verified PassSureExam material is the economical path.
The official Oracle Financials Cloud: General Ledger 2023 Implementation Professional outline weights its domains roughly like this:
  • Journal Processing ()
  • Budgeting and Allocations ()
  • Security and Data Access ()
Let those weights guide where your study hours go, and use the PassSureExam bank to test yourself on each domain in turn.

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

Question #1

Which two are valid Data Access Set types? (Choose two.)

  • A. Full access
  • B. Read and Write access
  • C. Primary Balancing Segment Value
  • D. Full Ledger
  • E. Read Only access
Reveal Solution  Discussion  0

Correct Answer: A,E  🗳️

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

Question #2

You are setting up Close Monitor and want to view high-level profit and loss results for each ledger.
What should you associate with the ledger set to achieve this?

  • A. Account group
  • B. Trial Balance report
  • C. Financial Reporting Web Studio report
  • D. OTBI report
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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

Question #3

Which two statements are true regarding the Intercompany Reconciliation Report? (Choose two.)

  • A. The report includes Ledger balancing lines generated when the primary balancing segment value (BSV) is in balance, but either the second or third BSVs are not.
  • B. The report displays all clearing company balancing lines for a period.
  • C. The report can be run using an additional currency and conversion rate that converts all amounts into a common currency for comparison.
  • D. The report displays the intercompany receivables and intercompany payables balances in summary for a period.
  • E. You can only drill down to the general ledger journal and then from there to the subledger journal entry.
Reveal Solution  Discussion  0

Correct Answer: A,C  🗳️

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

Question #4

After completing a business requirement mapping session, it has been decided that only single Currency Journals will be entered for this Company.
To achieve this requirement, on which two objects should you enable "Limit a Journal to a Single Currency"?
(Choose two.)

  • A. Journal sources
  • B. Journal lookup codes
  • C. Profile option
  • D. Journal category
  • E. Ledger options
Reveal Solution  Discussion  0

Correct Answer: A,E  🗳️

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

Question #5

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

Correct Answer: A,B  🗳️

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

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