Oracle 1z0-1054-23 Exam : Oracle Financials Cloud: General Ledger 2023 Implementation Professional
- Exam Code: 1z0-1054-23
- Exam Name: Oracle Financials Cloud: General Ledger 2023 Implementation Professional
- Updated: Oct 25, 2026
- Q & A: 52 Questions and Answers
About Oracle 1z0-1054-23 Exam Questions
Minimum time, maximum knowledge — the only trade worth making. The Oracle Financials Cloud: General Ledger 2023 Implementation Professional material from DumpsActual concentrates 52 practice questions into efficient preparation.
Oracle 1z0-1054-23 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: General Ledger 2023 Implementation Professional |
| Exam Number: | 1Z0-1054-23 |
| Exam Price: | $245 USD |
| Exam Format: | Multiple Choice, Hands-on Performance-Based |
| Related Certifications: | Oracle Fusion Cloud Financials Implementation Professional |
| Real Exam Qty: | 50-52 |
| Available Languages: | English |
| Exam Duration: | 90 minutes |
| Certificate Validity Period: | Version-specific, subject to Oracle Cloud recertification policy |
| Passing Score: | 75% |
| Recommended Training: | Oracle Financials Cloud: General Ledger Implementation Training |
| Exam Registration: | Oracle University Exam Registration Pearson VUE Scheduling |
| Sample Questions: |  |
| Exam Way: | Online proctored via Pearson VUE or in-person at authorized test centers |
| Pre Condition: | No mandatory prerequisites; Oracle recommends hands-on implementation experience with Oracle Financials Cloud General Ledger |
| Official Syllabus URL: | https://education.oracle.com/ouexam-pexam_1z0-1054-23 |
Oracle 1z0-1054-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Journal Processing and Approval | 20% | - Manage Journals
|
| Intercompany Accounting | 15% | - Configure Intercompany
|
| Enterprise and Financial Reporting Structures | 20% | - Configure Financial Reporting Structures
|
| Ledgers and Accounting Setup | 25% | - Configure Ledgers
|
| Period Close and Financial Reporting | 20% | - Perform Period Close
|
Oracle 1z0-1054-23 Exam — Questions and Answers
$245 USD per attempt, 75% to pass. Preparation is the cheaper insurance: the 52 practice questions from DumpsActual cost far less than a second registration.
The Oracle Financials Cloud: General Ledger 2023 Implementation Professional blueprint spans 5 domains — including Enterprise and Financial Reporting Structures (20%), Ledgers and Accounting Setup (25%), Period Close and Financial Reporting (20%). Follow the weightings with your hours; the full outline above details every subtopic.
Yes:
Training builds knowledge; simulation builds readiness. After any course, rehearse with the 52 practice questions for the Oracle Financials Cloud: General Ledger 2023 Implementation Professional until the exam atmosphere feels routine.
90 minutes for 50-52 questions. Get used to the pressure in advance: the DumpsActual online engine recreates the formal test atmosphere on any device, so your pacing is trained before it counts.
Files arrive within a minute of payment by automatic email — no installation limits, and 24/7 customer assisting if nothing shows up within 2 hours (check spam). If you fail the corresponding 1z0-1054-23 exam within 60 days of purchase, we reduce your loss two ways: a full refund — send a scanned enrollment slip plus the official Score Report PDF within 2 days of the exam, processed within 7 days — or a free change to two other equal-value products if you have another test ahead. Excluded: exams within 3 days of purchase, candidate names that don't match the payer, and free or expired products.
Yes — download the free Oracle Financials Cloud: General Ledger 2023 Implementation Professional demo to learn about our products before you buy. Purchases include 365 days of free updates, with each new version emailed to you immediately upon release; renew afterward at 50% off.
No mandatory prerequisites; Oracle recommends hands-on implementation experience with Oracle Financials Cloud General Ledger Eligibility rules change over time, so confirm the current requirements on the official page (official 1z0-1054-23 exam page) before you register.
The Oracle Financials Cloud: General Ledger 2023 Implementation Professional is Oracle's certification exam for Oracle Financials Cloud: General Ledger 2023 Certified Implementation Professional, at the Professional level — proof of practical skills that employers recognize. Our material for it is written by IT experts and certified trainers with a wealth of exam experience. Related credentials include Oracle Fusion Cloud Financials Implementation Professional.
Book through the vendor's official channels:
The Oracle Financials Cloud: General Ledger 2023 Implementation Professional is delivered Online proctored via Pearson VUE or in-person at authorized test centers — pick the arrangement that fits your schedule.
Oracle Financials Cloud: General Ledger 2023 Implementation Professional Sample Questions:
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 Cross-Validation Rules Import file-based data import (FBDI).
- B. by creating Cross-Validation Rules desktop-integrated spreadsheet.
- C. by using the Manage Cross-Validation Rules page.
- D. by using the Manage General Ledger Security page.
Correct Answer: A 🗳️
Explanation: Only visible for DumpsActual 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. Source
- B. Basis
- C. Offset
- D. Target
- E. Allocation Range
Correct Answer: A 🗳️
Explanation: Only visible for DumpsActual members. You can sign-up / login (it's free).
You are planning to create an Income Statement using Smart View.
Which Smart View tool should you use for this?
- A. Smart Queries
- B. Smart Slices
- C. Query Designer
- D. Ad Hoc Analysis
Correct Answer: D 🗳️
Explanation: Only visible for DumpsActual members. You can sign-up / login (it's free).
You are trying to run a Financial Reporting Web Studio report from Financial Reporting Center. However, it is not appearing as a choice.
Which are two reasons for this? (Choose two.)
- A. You have not downloaded the report to your local drive.
- B. You have not uploaded it to Financial Reporting Center.
- C. You have not saved it in the MyFolders directory.
- D. You have not saved it in the Shared Folder/Custom/Financials directory.
Correct Answer: B,C 🗳️
Explanation: Only visible for DumpsActual members. You can sign-up / login (it's free).
Challenge 2
Manage Shorthand Aliases
Scenario
Your client intends to utilize the Shorthand Aliasfeature and would like to see how the aliases willappear when entering transactions.
Task 2
Create a shorthand alias for the US Chart of Accounts to record Revenue Domestic for Supremo Fitness, Line of Business 2, and US Operations Cost Center.
Note:
. Prefix your alias name with 07, where 07 is your exam ID.
. There is no Product or Intercompany impact.
Correct Answer:
See the Explanation for the complete Solution.
Explanation
Here are the steps you need to follow:
In the Setup and Maintenance work area, go to the following:
Offering: Financials
Functional Area: Financial Reporting Structures
Task: Manage Shorthand Aliases
Select the chart of accounts that you want to create the alias for. In this case, it is the Corporate chart of accounts.
Click on the Add Row icon to create a new alias. Enter the following information:
Alias Name: RevDom
Account Template: 101-2000-400000-000-000-000
Description: Revenue Domestic for Supremo Fitness, Line of Business 2, and US Operations Cost Center Enabled: Yes Start Date: Today's date End Date: Blank Click on the Save and Close button to save the alias.
You have successfully created a shorthand alias for the US Chart of Accounts. For more information, you can refer to the following resources:
Account Aliases
Enter a GL Account Alias
Short Hand Alias in Fusion Financials Key Flexfield
How to Enable Account Shorthand Aliases
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