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The moment your payment clears, your 1z0-1054-24 practice questions are already on their way — 2Pass4sure delivers by email within one minute. No shipping, no waiting: download the Oracle Financials Cloud: General Ledger 2024 Implementation Professional package and start working through 87 practice questions tonight.

Oracle 1z0-1054-24 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Financials Cloud: General Ledger 2024 Implementation Professional
Exam Number:1Z0-1054-24
Related Certifications:Oracle Financials Cloud Implementation
Oracle ERP Cloud Financials Certification Track
Exam Duration:90 minutes
Certificate Validity Period:Oracle Certification typically does not expire for this track (unless specified by Oracle policy updates)
Exam Format:Multiple Response, Multiple Choice
Real Exam Qty:Approximately 55
Passing Score:75%
Exam Price:USD 245 (varies by country/region)
Available Languages:English
Recommended Training:Oracle Financials Cloud Training
Exam Registration:Oracle Certification Registration
Sample Questions: DOWNLOAD DEMO
Exam Way:Online proctored or test center (Oracle authorized testing provider)
Pre Condition:Recommended: Oracle Financials Cloud Foundations or equivalent ERP experience
Official Syllabus URL:https://education.oracle.com/

Oracle 1z0-1054-24 Exam Syllabus Topics:

SectionObjectives
Journal Processing- Journal Entry Creation and Approval
  • 1. Approval Rules and Workflow
    • 2. Journal Sources and Categories
      Financial Reporting and Analysis- Smart View Reporting
      • 1. Financial Statement Creation
        • 2. Ad Hoc Analysis
          General Ledger Setup and Configuration- Ledger and Accounting Calendar
          • 1. Accounting Periods Setup
            • 2. Ledger Configuration
              Configuring Enterprise and Financial Reporting Structures- Financial Reporting Configuration
              • 1. Reporting Trees and Essbase Publishing
                • 2. Account Hierarchies
                  - Enterprise Structures Setup
                  • 1. Chart of Accounts Design
                    • 2. Legal Entities and Business Units
                      • 3. Ledger Configuration

                        Oracle 1z0-1054-24 Exam: Everything You Wanted to Ask

                        The 1z0-1054-24 exam is the official Oracle exam for Oracle Financials Cloud: General Ledger 2024 Implementation Professional. Passing it earns you the Oracle Financials Cloud: General Ledger 2024 Implementation Professional credential, which sits at the Professional level. It is also connected to Oracle Financials Cloud Implementation, Oracle ERP Cloud Financials Certification Track, so what you learn carries over if you plan to pursue those paths as well. Employers treat the certification as verified proof of skill, which is why structured preparation with 2Pass4sure's practice questions pays off.

                        The 1z0-1054-24 exam contains Approximately 55 questions, and the time limit is 90 minutes. Translate that into a pacing plan before exam day: know roughly how long you can afford per item, flag anything that stalls you, and circle back at the end instead of burning minutes. Two or three full timed sessions in 2Pass4sure's test engine will teach you that rhythm far better than untimed reading ever will.

                        The passing score for the 1z0-1054-24 exam is 75%, and the official registration fee is USD 245 (varies by country/region). Remember that a failed attempt means paying that fee again in full for a retake, so treat self-assessment as part of the budget: run 2Pass4sure's practice questions under timed conditions and only book your seat once your scores sit comfortably above the passing bar.

                        Recommended: Oracle Financials Cloud Foundations or equivalent ERP experience Eligibility details can change, so before you register, confirm the current requirements on the official exam page: https://education.oracle.com/.

                        You can book the 1z0-1054-24 exam through the official registration channels below:

                        Exam delivery method: Online proctored or test center (Oracle authorized testing provider).

                        Oracle points candidates to the following official training options:

                        Once the coursework has built your foundation, the fastest way to turn theory into exam readiness is drilling with 2Pass4sure's 87 practice questions for the Oracle Financials Cloud: General Ledger 2024 Implementation Professional exam.

                        Yes. 2Pass4sure offers a free PDF demo of the Oracle Financials Cloud: General Ledger 2024 Implementation Professional practice questions on the samples page, so you can judge the format and quality yourself before paying anything. Every purchase also includes 365 days of free updates, and after the product expires you can extend the update service at a 50% discount from within your member zone.

                        If you take the corresponding exam within 60 days of purchase and do not pass, 2Pass4sure backs you with a 100% money-back guarantee. To claim it, submit a scanned copy of your exam enrollment slip together with your official Score Report PDF within 2 days of the exam, and the refund is processed within 7 days. The guarantee does not apply to attempts made within the first 3 days after purchase, to products downloaded without actually sitting the exam, or to free materials and expired orders, and the candidate name must match the payer's name. If you would rather have study material than money, you can instead exchange for two additional exam products of equal value, free of charge, while keeping the update service on your original purchase. Delivery itself is instant: your download is available right after payment and a copy reaches your mailbox within one minute — if nothing arrives within 2 hours, contact customer service. You may install the product on as many computers as you need.

                        The official Oracle Financials Cloud: General Ledger 2024 Implementation Professional blueprint is organized into 4 domains. The leading areas are:

                        • Journal Processing
                        • General Ledger Setup and Configuration
                        • Financial Reporting and Analysis

                        For the complete domain-by-domain breakdown with every subtopic, see the Exam Topics outline above.

                        Oracle Financials Cloud: General Ledger 2024 Implementation Professional Sample Questions:

                        Your customer uses Financials Cloud, Projects, Inventory, and SCM.
                        Which two statements are true regarding intercompany accounting for these products? (Choose two.)

                        • A. In Financials Cloud, Intercompany Balancing Rules are used to balance both cross-ledger allocation journals and single-ledger journals.
                        • B. Intercompany balancing rules in General Ledger need to be mapped with the intercompany configuration in each product.
                        • C. Intercompany Balancing Rules are defined centrally and applied across Financials and Projects.
                        • D. Each product has its own Intercompany Accounting feature that needs to be configured separately.
                        Reveal Solution  Discussion  0

                        Correct Answer: C,D  🗳️

                        Explanation: Only visible for 2Pass4sure members. You can sign-up / login (it's free).

                        Your company hascomplex consolidation requirementswithmultiple general ledger instances. You are usingOracle Hyperion Financial Managementto consolidate the disparateGeneral Ledgers.
                        You can typically map segments between yourgeneral ledger segmentto aHyperion Financial Management segment, such as:
                        * Company to Entity
                        * Department to Department
                        * Account to Account
                        What happens to segments in yoursource general ledger, such asProgram, thatcannot be mappedto Hyperion Financial Management?

                        • A. Errors occur for unmapped segments. You must map multiple segments from source general ledgers to the target segment in Hyperion Financial Management.
                        • B. The unmapped segments default tofuture use segmentsin Hyperion Financial Management.
                        • C. The data is not transferred.
                        • D. Data is summarized across segments that are not mapped to Hyperion Financial Management.
                        Reveal Solution  Discussion  0

                        Correct Answer: D  🗳️

                        You entered users who are bothemployees and contingent workers. You want an automated way toassign, reassign, and remove rolesfrom users. What feature do you use?

                        • A. You cannot reassign contingent workers
                        • B. Oracle Identity Manager Roles Assignment
                        • C. Access Policy Manager's Role Generation
                        • D. Role Mappings
                        • E. Data Roles
                        Reveal Solution  Discussion  0

                        Correct Answer: D  🗳️

                        You want to achievemulti-step cascading allocations. Which feature do you use?

                        • A. Point of View (POV)
                        • B. RuleSets
                        • C. Formulas
                        • D. General Ledger journal entries
                        Reveal Solution  Discussion  0

                        Correct Answer: B  🗳️

                        You have three ledgers that use the same chart of accounts with one intercompany payable and one intercompany receivable account. The chart of accounts also has an intercompany segment. Each ledger has one legal entity assigned to it and each legal entity is associated with one balancing segment value.
                        At what level should you define the default intercompany balancing rule?

                        • A. Ledger-level rule
                        • B. Primary balancing segment rule
                        • C. Legal entity-level rule
                        • D. Chart of accounts rule
                        Reveal Solution  Discussion  0

                        Correct Answer: D  🗳️

                        Explanation: Only visible for 2Pass4sure members. You can sign-up / login (it's free).

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