Oracle 1Z0-1054

Once your order is placed, your 1Z0-1054 practice questions reach your inbox within a minute — no shipping, no waiting around. Dumpkiller designed the whole Oracle Financials Cloud: General Ledger 2019 Implementation Essentials preparation experience around getting you studying today, with 78 questions ready on any device.

Oracle 1Z0-1054 Exam Overview:

Oracle 1Z0-1054 Exam Syllabus Topics:

Oracle Financials Cloud: General Ledger 2019 Implementation Essentials: Common Questions From Candidates

What is the Oracle Financials Cloud: General Ledger 2019 Implementation Essentials certification exam?

The Oracle Financials Cloud: General Ledger 2019 Implementation Essentials exam (code: 1Z0-1054) is the official Oracle exam that leads to the Oracle Financials Cloud: General Ledger 2019 Certified Implementation Specialist certification. It sits at the Specialist level of the Oracle certification track. It is also connected with related credentials such as Oracle Financials Cloud: General Ledger Certified Implementation Specialist. Passing it proves to employers that your skills have been validated by Oracle itself, which is why the 1Z0-1054 credential keeps showing up in job postings.

How many questions are in the 1Z0-1054 exam, and how long does it take?

The Oracle Financials Cloud: General Ledger 2019 Implementation Essentials exam gives you 120 minutes to work through 70. Pacing matters more than most candidates expect, so before exam day, run at least one full timed session in the Dumpkiller test engine to learn how long you can afford per question. If an item stalls you, flag it and move on — coming back later beats burning five minutes on a single question.

What score do I need to pass the 1Z0-1054 exam, and how much does it cost?

The passing score for the Oracle Financials Cloud: General Ledger 2019 Implementation Essentials exam is 60%, and the official registration fee is USD 245. Remember that a failed attempt means paying that fee in full again, so a timed self-assessment with Dumpkiller practice questions about a week before your exam date is a cheap way to confirm you are scoring comfortably above 60%.

Are there any prerequisites for the 1Z0-1054 exam?

According to Oracle, the following applies: No mandatory prerequisites; 6+ months hands-on experience with Oracle Financials Cloud recommended. Certification policies do change from time to time, so confirm the latest requirements on the official exam page at https://education.oracle.com/oracle-financials-cloud-general-ledger-2019-implementation-essentials/pexam_1Z0-1054 before you register.

How do I register for the 1Z0-1054 exam?

You can book your Oracle Financials Cloud: General Ledger 2019 Implementation Essentials exam through the official channels below:

• Oracle University Registration
• Pearson VUE Scheduling

Depending on availability in your region, the exam is delivered as Online proctored or Onsite at Pearson VUE test centers.

What official training does Oracle recommend for the 1Z0-1054 exam?

Oracle lists the following training options for Oracle Financials Cloud: General Ledger 2019 Implementation Essentials candidates:

• Oracle Financials Cloud: General Ledger 2019 Implementation Training

Official courses build a solid foundation, and pairing them with the 78 practice questions from Dumpkiller shows you how ready you really are before you spend money on the exam itself.

Can I try the 1Z0-1054 practice questions before buying?

Yes. Dumpkiller offers a free 1Z0-1054 PDF demo so you can review the question style, difficulty, and explanations before committing to anything. After purchase, your Oracle Financials Cloud: General Ledger 2019 Implementation Essentials material includes 365 days of free updates, and if your product expires after that, you can extend the update service at a 50% discount from your member zone.

What happens if I do not pass the 1Z0-1054 exam, and how is my order delivered?

If you take the corresponding 1Z0-1054 exam within 60 days of your purchase and do not pass, you can apply for a full refund under our 100% Money Back Guarantee, subject to a few conditions: the failed exam must be the one matching your purchase; sitting the exam within 3 days of purchase does not qualify, since that leaves too little preparation time; downloading the material without actually taking the exam does not qualify; free materials and expired orders are excluded; and the candidate name must match the payer name. To apply, send a scanned copy of your enrollment slip together with your official Score Report (PDF) within 2 days after the exam, and claims are processed within 7 days. If you would rather not take a refund, you can exchange your purchase for two free products of equal value while keeping the update service on the product you originally bought. As for delivery, everything is an instant download: your products are sent to your email within one minute of payment — contact customer service if nothing arrives within 2 hours — and there is no limit on the number of computers you can install the software on.

What topics are covered in the 1Z0-1054 exam?

The official Oracle Financials Cloud: General Ledger 2019 Implementation Essentials syllabus is organized into 7 main domains. The first three are Intercompany Processing (10%), Ledgers and Financial Reporting Structures (20%), and Period Close and Consolidation (10%). For the full domain-by-domain breakdown, see the complete Exam Topics outline above.

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

Question #2

All of your subsidiaries can share the same ledger with their parent company and all reside on the same application instance.
They do perform intercompany accounting. What is Oracle's recommended approach to performing consolidations?

A. Use Oracle Hyperion Financial Management for this type of complex consolidation
B. Use General Ledger's Financial Reporting functionality to produce consolidated reports by balancing segment where each report represents a different subsidiary. Any eliminating entries can be entered in yet another separate balancing segment
C. Use General Ledger's Balance Transfer programs to transfer subsidiary ledger balances to the parent ledger, and then enter eliminating entries as a separate balancing segment in the parent ledger.
D. Define multiple ledgers for consolidation and report on ledger set

Question #3

After loading your budget data into General Ledger Cloud, you can view budget balances using these features.
Which feature does not belong on the list?

A. Application Development Framework Desktop Integration Budget Balances Report
B. Smart View
C. Account Inspector
D. Account Monitor

Question #4

You defined a tree or hierarchy, but you are unable to set its status to Active. What is the reason?

A. Two tree versions were not defined
B. Accounting Configuration was not submitted
C. An Audit process needs to be successfully performed before a tree version can be set to Active
D. Chart of accounts was not deployed

Question #5

You operate in a country whose unstable currency makes it unsuitable for managing your day-to-day business.
As a consequence, you need to manage your business in a more stable currency while retaining the ability to report in the unstable local currency. What would be your recommendation when defining ledgers?

A. Run Revaluation to translate into Statistical Currency
B. Use Journal-Level or Subledger-Level Reporting Currencies denominated in the more stable currency
C. Run Revaluation as often as you need to the more stable currency and report on the more stable currency's balances
D. Create a secondary ledger that uses a different chart of accounts that is denominated in the more stable currency

Solutions: