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Oracle 1Z1-1054 Exam Braindumps - in .pdf Free Demo

  • Exam Code: 1Z1-1054
  • Exam Name: Oracle Financials Cloud: General Ledger 2019 Implementation Essentials
  • , Last Updated: Nov 03, 2026
  • Q & A: 78 Questions and Answers
  • Convenient, easy to study. Printable Oracle 1Z1-1054 PDF Format. It is an electronic file format regardless of the operating system platform. 100% Money Back Guarantee.
  • PDF Price: $59.99    

Oracle 1Z1-1054 Exam Braindumps - Testing Engine PC Screenshot

  • Exam Code: 1Z1-1054
  • Exam Name: Oracle Financials Cloud: General Ledger 2019 Implementation Essentials
  • , Last Updated: Nov 03, 2026
  • Q & A: 78 Questions and Answers
  • Uses the World Class 1Z1-1054 Testing Engine. Free updates for one year. Real 1Z1-1054 exam questions with answers. Install on multiple computers for self-paced, at-your-convenience training.
  • Testing Engine Price: $59.99    

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About Oracle 1Z1-1054 Exam Braindumps

In 2026, exams move fast and stale banks fail quietly. ExamsTorrent refurbishes its Oracle Financials Cloud: General Ledger 2019 Implementation Essentials content continuously, so the 1Z1-1054 material you study reflects the exam you'll actually sit.

Oracle 1Z1-1054 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Financials Cloud: General Ledger 2019 Implementation Essentials
Exam Number:1Z0-1054
Exam Price:USD 245
Passing Score:60%
Exam Format:Multiple Choice, Multiple Select
Related Certifications:Oracle Financials Cloud: General Ledger Certified Implementation Specialist
Exam Duration:120 minutes
Available Languages:English
Certificate Validity Period:Version-specific / Non-expiring for 2019 edition
Real Exam Qty:70
Recommended Training:Oracle Financials Cloud: General Ledger 2019 Implementation Training
Exam Registration:Oracle University Registration
Pearson VUE Scheduling
Sample Questions:Free Download 1Z1-1054 Exam braindumps
Exam Way:Online proctored or Onsite at Pearson VUE test centers
Pre Condition:No mandatory prerequisites; 6+ months hands-on experience with Oracle Financials Cloud recommended
Official Syllabus URL:https://education.oracle.com/oracle-financials-cloud-general-ledger-2019-implementation-essentials/pexam_1Z0-1054

Oracle 1Z1-1054 Exam Syllabus Topics:

SectionWeightObjectives
Enterprise Structures20%- Chart of Accounts security
- Accounting hierarchies setup
- Chart of Accounts configuration
- Accounting calendar definition
- Legal entity structure configuration
Budgetary Control and Encumbrance10%- Budget consumption monitoring
- Encumbrance accounting setup
- Budget configuration and processing
- Encumbrance journal processing
Journal Processing15%- Average Daily Balance processing
- Automated journal processing configuration
- Allocations and periodic entries
- Journal approval setup
- Journal entry creation and processing
Period Close and Consolidation10%- Period close process management
- Translation setup and processing
- Revaluation configuration and execution
- Close Monitor usage
- Consolidation execution
Ledgers and Financial Reporting Structures20%- General Ledger balances cube
- Reporting currencies configuration
- Fusion Accounting Hub Reporting Service
- Primary and secondary ledgers setup
Subledger Accounting15%- Accounting rules creation and management
- Journal description rules
- Supporting references identification
- Subledger accounting entries processing
Intercompany Processing10%- Intercompany Chart of Accounts design
- Intercompany balancing rules
- Intercompany accounting setup
- Intercompany transactions and reconciliation

Oracle 1Z1-1054 Exam — Asked and Answered

Yes. ExamsTorrent's free Oracle Financials Cloud: General Ledger 2019 Implementation Essentials PDF demo contains genuine sample questions with verified answers, so you can judge the quality with your own eyes. Every purchase includes 365 days of free updates, and renewing after expiry costs 50% of the regular price from your member zone. Judge first — material this confident has nothing to hide.

The fee shown above is the price of one attempt — and of every retake, at full price. So the passing score is best treated as a floor you clear with margin: work through ExamsTorrent practice questions until your timed results sit comfortably above it several sessions in a row, then register. Hours of over-preparation are cheaper than a second registration.

Think of the 1Z1-1054 exam as Oracle asking for proof, not promises: pass it, and you hold the Oracle Financials Cloud: General Ledger 2019 Certified Implementation Specialist certification, a credential at the Specialist level. The questions are built to measure applied skill across the Oracle Financials Cloud: General Ledger 2019 Implementation Essentials objectives — the kind employers hire for. It also sits within a broader certification family covering Oracle Financials Cloud: General Ledger Certified Implementation Specialist, so one exam's effort keeps paying into the next.

The same 78 expert-written questions ship in all three — you're choosing how you want to live with the material:

  • PDF version — the most popular choice: printable, instantly downloadable, ready for handwritten notes anywhere.
  • Desktop Test Engine — for Windows users: recreates the real exam atmosphere with two practice modes and full offline access.
  • Online Test Engine — app-like access from any browser on Windows, Mac, Android, or iOS, with test history and performance review.

Each version has its own strengths; many candidates mix them — PDF for reading, an engine for timed rehearsal.

The blueprint above spans 7 domains — treat its weightings as a budget. A domain worth 10% of the score earns a matching share of your week, while lighter areas like Ledgers and Financial Reporting Structures get maintained, not marathoned. Walk the full topic list domain by domain, and let the percentages decide where your practice hours land first.

The figures in the overview table above turn into strategy once you treat them as a budget: total time divided by total questions is your per-item allowance, and anything costing double gets flagged for a final sweep instead of a mid-exam standoff. Build the habit under a live timer — ExamsTorrent's engine sessions enforce one — so the real clock feels like a rehearsal, not a surprise.

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Work in passes, not one grind. First pass: untimed, through all 78 questions, marking weak domains against the blueprint above. Second pass: timed engine sessions, reviewing every error the same day while the reasoning is fresh. Final pass: re-test only your flagged items until they stop being wrong. Book the exam when your timed scores hold steady — not when your calendar gets impatient.

Oracle Financials Cloud: General Ledger 2019 Implementation Essentials Sample Questions:

Question #1

The Delete Translated Balances process provides the ability to completely reset translations in the event that significant changes are made to the accounting configuration.
Once the deletion process completes, what additional process must you run?

  • A. Submit the Create General Ledger Balances Cube process to ensure that the balances cube maintains translated balances that are consistent with future translations.
  • B. Submit the Create Currency Dimension Members process to ensure that the balances cube maintains translated balances that are consistent with future translations.
  • C. Submit the Create Scenario Dimension Members process to ensure that the balances cube maintains translated balances that are consistent with future translations.
  • D. Submit the Update General Ledger Balances Cube process to ensure that the balances cube maintains translated balances that are consistent with future translations.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #2

While creating a Journal Entry Rule Set, you are not able to use an Account Rule recently created. Which two options explain that? (Choose two.)

  • A. The Account Rule is using sources assigned to different event classes from that of the associated Journal Entry Rule Set
  • B. The Account Rule's conditions are not defined
  • C. The Account Rule is defined with a different chart of accounts form the Journal Entry Rule Set
  • D. The Account Rule's chart of accounts has no account values assigned
Reveal Solution  Discussion  0

Correct Answer: A,C  🗳️

Question #3

During implementation, a consultant accidentally designated the cost center segment as the natural account.
Values have already been assigned and journals have been posted.
Select the process that allows you to change the qualifier back to cost center qualifier.

  • A. Create a new chart of accounts.
  • B. Change and save the segment qualifier.
  • C. Delete the segment and create a new segment with the correct qualifier.
  • D. Delete the chart of accounts and create a new one.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #4

Budgetary control for accounts 5020 and 5021 has a budget of $90,000USD each for the year 2012. The accounts also have balances on obligation of $10,000 USD for each and an expenditure of $20,000 USD for each. A Fund of $50,000 USD is available for account 5010 only. You have run the Encumbrance Year End Carry Forward process for obligation from the last period of the year 2012 to the first period of year 2013.
Which statement is true?

  • A. If you have included 5020 and 5021 in the encumbrance rule, then obligation $10,000 USD and expenditure $20,000 USD only will be carried forward.
  • B. If you have included 5020 and 5021 in the encumbrance rule, then only the obligation of $10,000 USD will be carried forward
  • C. If you have included 5020 and 5021 in the encumbrance rule, the budget balances $90,000 USD, obligation $10,000 USD and expenditure $20,000 USD only will be carried forward.
  • D. If you have included 5020 and 5021 in the encumbrance rule, then budget balances $90,000 USD, obligation $10,000 USD, and expenditure $20,000 USD, and the funds available $50,000 USD will be carried forward
  • E. The Encumbrance Year End Carry Forward process will run for all the accounts to carry forward the general ledger balances
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #5

You set up a secondary ledger using the Manage Secondary Ledger task and selected a data conversion level of subledger. Which two actions should you now perform? (Choose two.)

  • A. Define Journal Conversion Rules that exclude subledgers
  • B. Assign a Subledger Accounting Method to the secondary ledger
  • C. Ensure that the Accounting Calendar and Currency are the same as the Primary Ledger
  • D. Define Supporting References with balances
  • E. Define Journal Conversion Rules that include subledgers in order to transfer subledger transactions
Reveal Solution  Discussion  0

Correct Answer: B,E  🗳️

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