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Oracle 1z0-1054-24 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: General Ledger 2024 Implementation Professional |
| Exam Number: | 1Z0-1054-24 |
| Exam Duration: | 90 minutes |
| Passing Score: | Multiple Choice: 68%, Hands-on Challenges: 75% |
| Related Certifications: | Oracle Financials Cloud: General Ledger Implementation Professional (previous versions) |
| Real Exam Qty: | 36 |
| Exam Price: | $245 USD |
| Certificate Validity Period: | 2 years |
| Available Languages: | English, Japanese |
| Exam Format: | Multiple Choice, Hands-on Performance-based Challenges |
| Recommended Training: | Oracle Financials Cloud: General Ledger Implementation Training |
| Exam Registration: | Pearson VUE Registration Oracle University Exam Registration |
| Sample Questions: |  |
| Exam Way: | Online proctored or Onsite at Pearson VUE test centers |
| Pre Condition: | No mandatory prerequisites; prior implementation experience recommended |
| Official Syllabus URL: | https://education.oracle.com/oracle-financials-cloud-general-ledger-2024-implementation-professional/pexam_1Z0-1054-24 |
Oracle 1z0-1054-24 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Using Financial Reporting | 15% | - Design Reports with Financial Reporting Web Studio - Use General Accounting Dashboard - Use OTBI and Smart View for Reporting - Navigate Financial Reporting Center |
| Managing Period Close Components | 20% | - Manage Account Reconciliations - Perform Revaluation, Translation and Consolidation - Create Allocations and Periodic Entries - Configure and Use Close Monitor |
| Configuring Enterprise and Financial Reporting Structures | 25% | - Set up Account Hierarchies - Configure Chart of Accounts - Secure Chart of Accounts Segments - Define Legal Entities, Geographies and Currencies - Manage Accounting Calendars |
| Configuring Ledgers | 20% | - Manage Ledger Configurations - Apply Ledger Security and Access Controls - Understand and Use General Ledger Balances Cube |
| Processing Journals | 20% | - Set Up and Process Intercompany Transactions - Process Average Daily Balances - Configure Journal Approval Workflows - Enter and Manage Journals |
Oracle Financials Cloud: General Ledger 2024 Implementation Professional Prep: Three Versions, One Verified Bank
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Through the official channel: Oracle University Exam Registration Pearson VUE Registration Create an account, pick a test center or online proctoring, choose your date, and pay the fee to confirm your seat.
The official Oracle Financials Cloud: General Ledger 2024 Implementation Professional outline distributes weight like this:
- Processing Journals (20%)
- Using Financial Reporting (15%)
- Configuring Enterprise and Financial Reporting Structures (25%)
You need Multiple Choice: 68%, Hands-on Challenges: 75% to pass, and the registration fee is $245 USD. Time is precious, and so is that fee — earlier preparation with verified LatestCram material protects both.
All three contain the same verified bank, so the choice is purely about your life. The PDF reads and prints anywhere; the software version suits desk study with simulated exam timing; the App version lives on your phone for the moments in between — imagine a construction worker reviewing 1z0-1054-24 questions over lunch, then finishing a set on the train home. There is no limit and no wrong answer: select whichever fits your own preference, and change formats anytime since installations are unlimited.
About 36 questions in 90 minutes minutes. Rehearsing at that exact pace with 87 practice questions for the 1z0-1054-24 exam makes the real session familiar rather than frightening.
Oracle Financials Cloud: General Ledger Implementation Training An official course supplies structured theory, while the verified LatestCram bank provides the timed rehearsal — a combination that covers the exam from both sides.
No mandatory prerequisites; prior implementation experience recommended
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Oracle Financials Cloud: General Ledger 2024 Implementation Professional Sample Questions:
Question #1
In which two ways can your users personalize the Springboards and Work Areas to suit their individual working styles? (Choose two.)
- A. Users have very little control configuring their Springboards and Work Areas; they can only resize columns
- B. They can have the System Administrator configuring pages for them using Page Composer
- C. They can use "+" under the Apps section of the News Feed homepage
- D. They can format certain tables by hiding and showing columns, moving columns, and resizing columns
Correct Answer: C,D 🗳️
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Question #2
Which two are valid Data Access Set types? (Choose two.)
- A. Read Only access
- B. Full access
- C. Full Ledger
- D. Read and Write access
- E. Primary Balancing Segment Value
Correct Answer: A,B 🗳️
Explanation: Only visible for LatestCram members. You can sign-up / login (it's free).
Question #3
InFinancial Cloud, which three reporting tools can be used to accessGeneral Ledger balances?
- A. Application Composer
- B. Oracle Transactions Business Intelligence
- C. Smart View
- D. Oracle Enterprise Repository
- E. Financial Reporting Studio
Correct Answer: B,C,E 🗳️
Question #4
You are creating values for thechart of account value setthat you are planning to use for theaccount segment within yourChart of Accounts. You are not able to assign anAccount Type.
What is the reason for this?
- A. The Account Type qualifier has not been enabled when defining the value set.
- B. You have not set the Allow Budgeting attribute for the value set.
- C. You are creating values before assigning the value set to the structure.
- D. You have not set the Allow Posting attribute for the value set.
Correct Answer: A 🗳️
Question #5
You notice that a lot of erroneous address data is being saved. How do you ensure that only valid addresses are entered in the system?
- A. Redefine the location structure.
- B. Redefine the geography hierarchy.
- C. Define the Geography Validation for Country option to No Validation.
- D. Define the Geography Validation for Country option to Error.
Correct Answer: D 🗳️
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