In 2026, certification requirements shift constantly, and a question bank that is six months old can quietly work against you. That is why the Oracle Financials Cloud: General Ledger 2019 Implementation Essentials set on Test4Cram is reviewed continuously, and 78 current practice questions reach your email when refreshed.
Oracle 1Z1-1054 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: General Ledger 2019 Implementation Essentials |
| Exam Number: | 1Z0-1054 |
| Available Languages: | English |
| Exam Duration: | 120 minutes |
| Real Exam Qty: | 60-70 |
| Certificate Validity Period: | 2 years |
| Exam Price: | $245 USD |
| Related Certifications: | Oracle Financials Cloud: Receivables Implementation Essentials Oracle Financials Cloud: Payables Implementation Essentials |
| Passing Score: | 65-68% |
| Exam Format: | Multiple Choice, Multiple Response |
| Recommended Training: | Oracle Financials Cloud Training |
| Exam Registration: | Oracle Certification Registration |
| Sample Questions: |  |
| Exam Way: | Online proctored or test center exam via Oracle Certification Platform |
| Pre Condition: | Basic knowledge of accounting principles and Oracle Financials Cloud navigation is recommended. |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1Z1-1054 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Journal Processing | - Journal creation and approval
|
| Security and Configuration | - GL security model
|
| Reporting and Analysis | - Financial reporting tools
|
| Subledger Accounting Integration | - Accounting rules configuration
|
| Enterprise Structures and Setup | - Ledger Configuration
|
| Chart of Accounts | - Segment structure design
|
| Period Close Process | - Close activities
|
Before You Buy: Oracle Financials Cloud: General Ledger 2019 Implementation Essentials FAQ
The 1Z1-1054 exam contains 60-70 questions to be answered within 120 minutes minutes. Rehearsing with a timer on Test4Cram trains you to pace each question instead of rushing at the end.
Basic knowledge of accounting principles and Oracle Financials Cloud navigation is recommended.
The Oracle Financials Cloud: General Ledger 2019 Implementation Essentials material is developed by a dedicated research team whose members bring rich hands-on IT experience, including past work for international IT corporations. That background shapes both the questions and the way they are organized for study.
Each Oracle Financials Cloud: General Ledger 2019 Implementation Essentials question is drawn from a large body of technical knowledge and analyzed before it enters the bank. Questions that are no longer relevant to the current exam are removed, while new material is added as the exam evolves, so the set you study stays lean and current.
- Period Close Process ()
- Security and Configuration ()
- Reporting and Analysis ()
Begin with the topics where your confidence is lowest, then confirm the rest.
The passing score for 1Z1-1054 is 65-68%, and the official exam fee is $245 USD. Fixing these numbers in mind helps you plan both your study target and your budget.
The package includes 78 practice questions for the 1Z1-1054 exam, covering the current Oracle Financials Cloud: General Ledger 2019 Implementation Essentials objectives with verified answers.
Oracle Financials Cloud Training: Visit official page
Oracle Certification Registration: register for 1Z1-1054
Oracle Financials Cloud: General Ledger 2019 Implementation Essentials Sample Questions:
You are defining an income statement report. You want to allow viewers of the report to be able to drill down from report balances to the underlying transactions. What so you need to enable?
- A. Nothing. All report balances are drillable in all FR Studio reports
- B. Drill Through in Grid Properties
- C. Report Functions
- D. Allow Expansion
Correct Answer: B 🗳️
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
- B. Journal Entry Rule Set
- C. Journal Line Rule
- D. Event Type
- E. Event Class
Correct Answer: C 🗳️
In which two ways can your users customize the Springboards and Work Areas to suit their individual working styles? (Choose two.)
- A. They can use Personalization to move and remove regions from those pages
- B. Users have very little control their Springboards and Work Areas; they can only resize columns
- C. They can have the System Administration customize pages for them using Page Composer
- D. They can format each table by hiding and showing columns, moving columns, and resizing columns
Correct Answer: A,D 🗳️
Your customer wants to create fully balanced balance sheets for the Company, Line of Business, and Product segments for both financial and management reporting.
What is Oracle's recommended method for doing this?
- A. Create a segment that acts as the primary balancing segment and create values that represent a concatenation of all three business dimensions
- B. Create three segments for the Company, Line of Business, and Product segments and qualify them as primary balancing segment, second, and third balancing segments, respectively
- C. Create two segments where the first segment represents the concatenation of Company and Line of Business, and then enable secondary tracking for the Product segment
- D. Use account hierarchies to create different hierarchies for different purposes and use those hierarchies for reporting
Correct Answer: B 🗳️
You entered a journal and the client is asking for the following information:
* The current account balance
* What the future account balance will be if the journal is approved and posted How will you get this information?
- A. View the Projected Balances region in the Create Journals page
- B. Query the account balance online
- C. Run a Trial Balance before and after posting
- D. Use Oracle Transactional Business Intelligence (OTBI) to query General Ledger balances
Correct Answer: A 🗳️
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