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Oracle 1z0-1054-23 Exam Syllabus Topics:

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

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

                            1. 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 category
                            B) Ledger options
                            C) Journal sources
                            D) Profile option
                            E) Journal lookup codes


                            2. You have redesigned your chart of accounts and need to update your existing cross-validation rules. There is a requirement for new rules; some simply need to be updated and others need to be deleted.
                            What is the most efficient way to achieve this?

                            A) by using the Manage General Ledger Security page.
                            B) by using the Manage Cross-Validation Rules page.
                            C) by using Cross-Validation Rules Import file-based data import (FBDI).
                            D) by creating Cross-Validation Rules desktop-integrated spreadsheet.


                            3. You want your sales representatives to be able to find points of interest, such as customers, while out on business. What should you enable to achieve this?

                            A) Geocoding
                            B) Address Cleansing
                            C) Validation
                            D) HZ_GEO_IDENTIFIER_SUBTYPE Lookup


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

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


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

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


                            Solutions:

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

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