Oracle 1z0-1054-20 : Oracle Financials Cloud: General Ledger 2020 Implementation Essentials

1z0-1054-20 real exams

Exam Code: 1z0-1054-20

Exam Name: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials

Updated: May 28, 2026

Q & A: 103 Questions and Answers

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What is the duration, language, and format of Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam

  • Chapter 1: 60%
  • Chapter 3: 33%
  • The type of questions is Multiple Choice Questions.
  • This exam consists of 55 questions.
  • This exam is only offered in English.
  • Chapter 2: 45%
  • Passing score:
  • There is a time limit of 85 minutes for the exam.
  • Certification Validity period: 02 years.

Oracle cloud certifications require periodic recertification. To hold your certification inactive condition, you must update to the new edition within 1 year of Oracle's credential withdrawal.

Oracle 1z0-1054-20 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Identify supporting references
  • Set up Intercompany Accounting
Topic 2
  • Explain the journal description rules
  • Describe intercompany balancing
Topic 3
  • Explain how to design and use various reporting tools
  • Explain the secondary ledger and reporting currencies
Topic 4
  • Configure and Process Budgets
  • Design the Chart of Accounts and segment level rules for intercompany
Topic 5
  • Explain OTBI and GL Subject Areas
  • Configure the Chart of Accounts
  • Create and manage Accounting Rules
Topic 6
  • Explain how to analyze and monitor Budget Consumption
  • Process intercompany reconciliations
Topic 7
  • Set up the Financials Reporting Studio
  • Set up the accounting calendar
  • Set up accounting hierarchies
Topic 8
  • Describe the General Accounting Dashboard and Work Areas
  • Process journal entries
Topic 9
  • Process intercompany transactions and periods
  • Configure allocations and periodic entries
Topic 10
  • Configure Chart of Accounts Security
  • Configure and process revaluations
  • Configure and process translations
Topic 11
  • Describe Smart View accounting inquiry and analysis
  • Explain the journal approval set up
Topic 12
  • Configure Encumbrance Accounting
  • Configure automated journal processing
Topic 13
  • Configure the legal entity structure and define the relationship to the Chart of Account
  • Explain the Close Process

Reference: https://education.oracle.com/oracle-financials-cloud-general-ledger-2020-implementation-essentials/pexam_1Z0-1054-20

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Introduction

Oracle is a global American information technology corporation located in California. Oracle is a multinational organisation that designs enterprise software systems. Oracle sells numerous cloud-based software and frameworks, as well as hardware and resources to help businesses grow their operations. The emphasis of Oracle's applications is data processing, market intelligence, IT operational management, corporate resource planning, protection, and new technologies. Oracle is well known for its hardware and cloud applications. Oracle Cloud, DBMS, is one of the most common corporate databases in the world.

Oracle also designs and develops methods and software for middle-tier application management frameworks, Human Capital Management (HCM), Customer Relationship Management (CRM), Enterprise Resource Planning Systems (ERP) and Supply Chain Management systems (SCM). Oracle Database is a multi-model database management framework generally known as the Oracle Database Management System (DBMS). It is a commonly used database for executing applications for data storage and transaction processing. Oracle Database is open to a variety of service providers on server, premises or mixed cloud installation.

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Who should take the Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam

The Oracle Software Application Platform Development 2020 Specialist Examination is tailored for experts with cloud implementation experience. This credential includes issues relevant to the delivery of the services provided by Oracle. This qualification demonstrates comprehension of the management portfolio and the configuration capability of the facilities. Up-to-date preparation and practical expertise are recommended to advise or guide lead implementations or similar activities. Both applicants have this qualification required. This course helps students to identify sub-quests, incorporate multi-questions with SET operators in a single query and report community functions on aggregate results. His chief audience are administrators, researchers, developers and system managers. The course teaches students how to observe key structural elements of Oracle database 12c, to collect data from tables in lines and columns, to manage schema objects, to produce SELECT statements, to use scalar and correlated sub-quests and much more. This course helps students to know how to perform Oracle ledger administrative and management related tasks. The audience includes the administrator, the administrator of the ledger. The course aims to instruct the candidate's concepts of data competence and auditing, management of tablespaces and undo data, management of the Oracle Database 12c network connections, security and privileges, the understanding of the architecture of the oracle general ledger, monitoring and implementation of the proactive data base instance.

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