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1z0-1054-23 Exam Simulator
  • Exam Code: 1z0-1054-23
  • Exam Name: Oracle Financials Cloud: General Ledger 2023 Implementation Professional
  • Updated: Aug 25, 2026
  • Q & A: 52 Questions and Answers
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Oracle 1z0-1054-23 Exam Syllabus Topics:

SectionObjectives
Topic 1: General Ledger Setup- Enterprise Structure Configuration
  • 1. Legal entities and ledgers setup
    • 2. Chart of Accounts structure design
      - Accounting Configuration
      • 1. Ledger options configuration
        • 2. Accounting calendars and periods
          Topic 2: Subledger Accounting- Accounting Rules
          • 1. Journal line rules and account derivation
            - Subledger to GL Integration
            • 1. Transfer to General Ledger
              Topic 3: Reporting and Analysis- Financial Reporting
              • 1. Smart View reporting
                • 2. Financial statements generation
                  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:

                            1. 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 layout Template
                            B) The Data Model
                            C) The Sub Template
                            D) The Style Template
                            E) Output type


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


                            3. You need to set up a calendar for the year Apr-XX to Mar-YY where YY is the following year, and you would like the periods to be named according to the year they fall in.
                            What format should you choose?

                            A) Fiscal Year
                            B) Period
                            C) Year
                            D) Calendar Year


                            4. You need to add new transactional attributes to the journal approval notification in an implementation project.
                            Which two Business Intelligence catalog objects should you copy (or customize) and edit?

                            A) Style template
                            B) Layout template
                            C) Sub template
                            D) Data model
                            E) Output type


                            5. Your company has complex consolidation requirements with multiple General Ledger instances. You are using Oracle Hyperion Financial Management to consolidate the disparate General Ledgers. You can typically map segments between your General Ledger segment to a Hyperion Financial Management segment, such as Company to Entity, Department to Department, and Account to Account What happens to segments in your source General Ledger, such as Program, that cannot be mapped to Hyperion Financial Management?

                            A) No data is transferred.
                            B) Errors occur for unmapped segments. You must map multiple segments from source General Ledgers to the target segment in Hyperion Financial Management.
                            C) The unmapped segments default to future use segments in Hyperion Financial Management.
                            D) Data is summarized across segments that are not mapped to Hyperion Financial Management.


                            Solutions:

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

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