Oracle 1Z1-1054 Q&A - in .pdf

  • Exam Code: 1Z1-1054
  • Exam Name: Oracle Financials Cloud: General Ledger 2019 Implementation Essentials
  • Updated: Nov 04, 2026
  • Q & A: 78 Questions and Answers
  • Printable Oracle 1Z1-1054 PDF Format. It is an electronic file format regardless of the operating system platform.
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Oracle 1Z1-1054 Q&A - Testing Engine

  • Exam Code: 1Z1-1054
  • Exam Name: Oracle Financials Cloud: General Ledger 2019 Implementation Essentials
  • Updated: Nov 04, 2026
  • Q & A: 78 Questions and Answers
  • Install on multiple computers for self-paced, at-your-convenience training.
  • PC Test Engine Price: $59.99
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About Oracle 1Z1-1054 Exam

The Oracle Financials Cloud: General Ledger 2019 Implementation Essentials exam deserves materials built by people who study the exam itself. CertkingdomPDF's team of experts and professors maintains the 1Z1-1054 bank accordingly — 78 practice questions with verified answers, delivered within one minute of purchase.

Oracle 1Z1-1054 Exam Syllabus Topics:

SectionObjectives
Subledger Accounting Integration- Accounting rules configuration
  • 1. Account derivation rules
    • 2. Journal lines rules
      Chart of Accounts- Segment structure design
      • 1. Account combinations
        • 2. Value sets and validation rules
          Security and Configuration- GL security model
          • 1. Roles and privileges
            • 2. Data access sets
              Period Close Process- Close activities
              • 1. Financial reporting preparation
                • 2. Reconciliations
                  Reporting and Analysis- Financial reporting tools
                  • 1. Smart View reporting
                    • 2. Financial Reporting Studio (FRS)
                      Journal Processing- Journal creation and approval
                      • 1. Manual journals
                        • 2. Journal import processes
                          • 3. Recurring journals
                            Enterprise Structures and Setup- Ledger Configuration
                            • 1. Accounting calendar configuration
                              • 2. Primary ledger setup
                                • 3. Chart of accounts structure

                                  Frequently Asked Questions About the Oracle Financials Cloud: General Ledger 2019 Implementation Essentials Exam

                                  Registration for the Oracle Financials Cloud: General Ledger 2019 Implementation Essentials exam costs $245 USD, and passing requires 65-68%. Retakes cost the full fee again, so gauge your readiness with the CertkingdomPDF practice engines before booking your seat.

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                                  The 1Z1-1054 exam is a Oracle certification exam validating the skills in the Oracle Financials Cloud: General Ledger 2019 Implementation Essentials syllabus shown above. It counts toward these credential paths: Oracle Financials Cloud: Payables Implementation Essentials, Oracle Financials Cloud: Receivables Implementation Essentials. Candidates at many career stages take it in 2026 to demonstrate verified capability. CertkingdomPDF prepares you with 78 practice questions in PDF, Desktop Test Engine, and Online Test Engine formats.

                                  Everything, in one purchase: 78 practice questions for the Oracle Financials Cloud: General Ledger 2019 Implementation Essentials exam in three formats — a printable, expert-prepared PDF with instant download; a Desktop Test Engine for Windows that simulates the real exam with two practice modes and works offline; and an Online Test Engine for any browser on Windows, Mac, Android, and iOS with test history and performance review. You also receive a free demo, 365 days of free updates from a team that keeps innovating on the material, a 50% renewal discount afterward, unlimited installations, and considerate pre-sale and after-sale service.

                                  The Oracle Financials Cloud: General Ledger 2019 Implementation Essentials exam contains 60-70 with 120 minutes to complete them. Practicing under the same time constraint with the CertkingdomPDF Desktop Test Engine makes exam-day pacing feel rehearsed.

                                  Basic knowledge of accounting principles and Oracle Financials Cloud navigation is recommended. Since policies evolve, confirm the current requirements on the official Oracle exam page before you schedule.

                                  Oracle recommends the following training for the Oracle Financials Cloud: General Ledger 2019 Implementation Essentials exam:

                                  Supplement the training with the 78 practice questions from CertkingdomPDF — self-testing reveals what training alone cannot.

                                  The official Oracle Financials Cloud: General Ledger 2019 Implementation Essentials outline defines 7 domains, the three largest being Reporting and Analysis, Subledger Accounting Integration, and Enterprise Structures and Setup. The complete list is in the topics section above, and CertkingdomPDF's 78 practice questions address every domain.

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

                                  Question #1

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

                                  Correct Answer: B  🗳️

                                  Question #2

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

                                  Correct Answer: C,E  🗳️

                                  Question #3

                                  You need to define multiple allocation rules as efficiency as possible.
                                  Which three components can be reused across allocation rules? (Choose three.)

                                  • A. Point of View (POV)
                                  • B. Run Time Prompts (RTP)
                                  • C. Formulas
                                  • D. RuleSets
                                  Reveal Solution  Discussion  0

                                  Correct Answer: B,C,D  🗳️

                                  Question #4

                                  Which two methods can your General Ledger accountants use to more easily view large amounts of data contained in the tables in their work areas? (Choose two.)

                                  • A. Use the Freeze feauture on the tables to scroll through large amounts of data
                                  • B. Detach the table to resize it to the maximum size of the monitor.
                                  • C. Export the table to Excel
                                  • D. Run a Business Intelligence Publisher report with Excel as the output format
                                  Reveal Solution  Discussion  0

                                  Correct Answer: A,B  🗳️

                                  Question #5

                                  Most of the accounting entries for transactions form your source system use TRANSACTION_AMOUNT as a source of the entered amount accounting attribute. For some events, you need to use TAX_AMOUNT as the source.
                                  At what level can you override the default accounting attribute assignment?

                                  • A. Journal Entry Rule Set
                                  • B. Event Type
                                  • C. Journal Line Rule
                                  • D. Event Class
                                  • E. Journal Entry
                                  Reveal Solution  Discussion  0

                                  Correct Answer: C  🗳️

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