Paper person or screen person, UpdateDumps covers both: the 1z0-1054-24 package comes as a printable PDF you can annotate by hand, a Windows test engine, and an online version for any browser. Every one of the 87 practice questions for the Oracle Financials Cloud: General Ledger 2024 Implementation Professional is identical across formats.
Oracle 1z0-1054-24 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: General Ledger 2024 Implementation Professional |
| Exam Number: | 1Z0-1054-24 |
| Exam Format: | Hands-on Performance Based, Multiple Choice |
| Real Exam Qty: | 50 |
| Certificate Validity Period: | 18 months |
| Available Languages: | English |
| Related Certifications: | Oracle Financials Cloud General Ledger Implementation Professional |
| Exam Duration: | 90 minutes |
| Passing Score: | Hands-on Challenges: 75%, Multiple Choice: 68% |
| Exam Price: | $245 USD |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Online proctored or test center |
| Pre Condition: | Oracle recommends hands-on implementation experience with Oracle Financials Cloud General Ledger solutions. |
| Official Syllabus URL: | https://education.oracle.com/ |
Oracle 1z0-1054-24 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Period Close and Reconciliation | - Close Process
|
| Topic 2: Enterprise Structure and Financial Reporting Structures | - Configure Enterprise Structures
|
| Topic 3: Security and Reporting | - Reporting
|
| Topic 4: Ledger and Accounting Configuration | - Accounting Setup
|
| Topic 5: Intercompany and Journal Processing | - Journal Management
|
1z0-1054-24 Exam FAQs: Direct Answers Only
The passing mark for the 1z0-1054-24 exam is Hands-on Challenges: 75%, Multiple Choice: 68%, and the official registration fee is $245 USD. One practical note: the fee buys a single attempt — a retake is charged in full again. Protect that spend by rehearsing first: drill 87 practice questions at UpdateDumps under timed conditions until your scores clear the passing mark with margin, then book.
The 1z0-1054-24 exam — officially the Oracle Financials Cloud: General Ledger 2024 Implementation Professional — is Oracle's certification test for professionals working with its technologies, and passing it earns the Oracle Financials Cloud certification at the Professional level. Because it is vendor-issued and skills-based, employers can compare candidates on it directly — that is what keeps it valuable. It also connects naturally to Oracle Financials Cloud General Ledger Implementation Professional.
Yes — UpdateDumps publishes a free PDF demo of the 1z0-1054-24 practice questions, printable if you prefer paper, so you can evaluate the content and verified answers before paying anything. Once you purchase, 365 days of free updates are included, and if the product expires, the update service renews at a 50% discount from your member zone.
The Oracle Financials Cloud: General Ledger 2024 Implementation Professional syllabus spans 5 domains, led by Enterprise Structure and Financial Reporting Structures, Intercompany and Journal Processing, and Ledger and Accounting Configuration. The complete weighted outline is in the syllabus section above — it is the map your preparation should follow.
Oracle recommends hands-on implementation experience with Oracle Financials Cloud General Ledger solutions.
Vendor criteria do change, so before scheduling, verify the latest requirements on the official Oracle exam page.
Delivery first: download immediately after payment, with an email copy arriving within one minute. If 2 hours pass with no email, check spam and contact our support team. There is no limit on how many computers you can install the software on.
If you take the 1z0-1054-24 exam within 60 days of purchase and do not pass, the UpdateDumps money back guarantee applies: file within 2 days of the exam with a scanned enrollment slip and the official score report (PDF), and the claim is processed within 7 days. The candidate name must match the payer name; the policy excludes exams taken within 3 days of purchase, purchases never used in an actual exam attempt, free materials, and expired orders. If you would rather keep preparing, exchange the product for two free exam packages of equal value and keep the update service on your original purchase.
You will face 50 questions within 90 minutes on the 1z0-1054-24 exam. That ratio makes time management a scored skill, and it is best trained offline where you cannot be distracted: run timed mocks in the UpdateDumps Windows engine or app, and let the pacing rhythm settle in before exam day.
Oracle Financials Cloud: General Ledger 2024 Implementation Professional Sample Questions:
You are creating values for thechart of account value setthat you are planning to use for theaccount segment within yourChart of Accounts. You are not able to assign anAccount Type.
What is the reason for this?
- A. You have not set the Allow Budgeting attribute for the value set.
- B. The Account Type qualifier has not been enabled when defining the value set.
- C. You are creating values before assigning the value set to the structure.
- D. You have not set the Allow Posting attribute for the value set.
Correct Answer: B 🗳️
You are setting upClose Monitor, which comprises aledger set hierarchy definition.
Which two components of theenterprise structureshould the ledgers in the ledger set share?
- A. Accounting Calendar
- B. Legal Entities, Business Units, and Chart of Accounts
- C. Chart of Accounts and Business Units
- D. Chart of Accounts, Currency, Accounting Calendar, and Subledger Accounting Method
- E. Chart of Accounts
Correct Answer: A,E 🗳️
A new Oracle Fusion Cloud client needs to produce an income statement on a regular basis using Smart View.
Which Smart View tool would be best for this?
- A. Smart Queries
- B. Query Designer
- C. Smart Slices
- D. Account Groups
Correct Answer: B 🗳️
Explanation: Only visible for UpdateDumps members. You can sign-up / login (it's free).
You are capturing rental costs for a building in a corporate cost center. At month end, you want to allocate those costs to the cost centers in the building based on the floor area occupied. A statistical journal has been entered to record the floor area. You use Calculation Manager to create the allocation.
Where do you reference the statistical balance within the allocation component?
- A. Target
- B. Basis
- C. Offset
- D. Allocation Range
- E. Source
Correct Answer: E 🗳️
Explanation: Only visible for UpdateDumps members. You can sign-up / login (it's free).
Which two statements are true about infotiles and infolets?
- A. You can create your own user-defined infolets.
- B. You can refresh infolets to see up-to-date data.
- C. Infolets are accessed only from the News Feed home page layout.
- D. Infotiles have Front view. Back view, and Expanded view.
- E. Infotiles pull data from a Smart View analysis.
Correct Answer: B,D 🗳️
Explanation: Only visible for UpdateDumps members. You can sign-up / login (it's free).
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