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 General Ledger Implementation Professional |
| Exam Duration: | 90 minutes |
| Available Languages: | English |
| Exam Price: | $245 USD |
| Certificate Validity Period: | 18 months |
| Passing Score: | Hands-on Challenges: 75%, Multiple Choice: 68% |
| Real Exam Qty: | 50 |
| Exam Format: | Multiple Choice, Hands-on Performance Based |
| Sample Questions: | Oracle 1z0-1054-24 Sample Questions |
| Exam Way: | Online proctored or test center |
| Pre Condition: | Oracle recommends hands-on implementation experience with Oracle Financials Cloud General Ledger solutions. |
| Official Syllabus URL: | https://education.oracle.com/ |
Oracle 1z0-1054-24 Exam Syllabus Topics:
| Topic | Details |
|---|
| Topic 1 | - Using Financial Reporting: This section of the exam measures the skills of an Implementation Consultant and covers the use of financial reporting tools in Oracle Financials Cloud. It explains how to work with the Financial Reporting Center, create and manage reports using Financial Reporting Web Studio, use Oracle Transactional Business Intelligence (OTBI), leverage Smart View for reporting, and utilize the General Accounting Dashboard. It also describes analyzing budgets versus actuals with these tools.
|
| Topic 2 | - Managing Period Close Components: This section of the exam measures the skills of a Financial Consultant and covers activities necessary to complete a successful period close. It explains managing revaluations, translations, and consolidations, handling reconciliations, configuring the Close Monitor to track period close status, and creating allocations and periodic journal entries needed for finalizing accounting records.
|
| Topic 3 | - Configuring Ledgers: This section of the exam measures the skills of an Implementation Consultant and focuses on setting up and maintaining ledgers. It explains managing ledger configurations, understanding the General Ledger balances cube for reporting purposes, and applying security controls to protect ledger data and ensure proper access management.
|
| Topic 4 | - Processing Journals: This section of the exam measures the skills of a Financial Consultant and covers the processes involved in capturing and managing journals. It explains how to configure journal approval workflows, outlines methods for entering journals, discusses average daily balance processing, and details the configuration and processing of intercompany transactions.
|
| Topic 5 | - Configuring Enterprise and Financial Reporting Structures: This section of the exam measures the skills of an Implementation Consultant and covers the setup of enterprise structures necessary for financial reporting. It includes configuring the chart of accounts, setting up account hierarchies, managing accounting calendars, securing chart of accounts segments, and handling legal jurisdictions, authorities, legal entities, geographies, and currencies to support an organization's financial operations.
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Reference: https://education.oracle.com/oracle-financials-cloud-general-ledger-2024-implementation-professional/pexam_1Z0-1054-24
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