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Oracle 1z0-1054-23 Exam Syllabus Topics:

SectionObjectives
Topic 1: Subledger Accounting- Accounting Rules
  • 1. Journal line rules and account derivation
    - Subledger to GL Integration
    • 1. Transfer to General Ledger
      Topic 2: General Ledger Setup- Accounting Configuration
      • 1. Ledger options configuration
        • 2. Accounting calendars and periods
          - Enterprise Structure Configuration
          • 1. Legal entities and ledgers setup
            • 2. Chart of Accounts structure design
              Topic 3: Period Close Process- Close Activities
              • 1. Reconciliation and adjustments
                • 2. Close monitoring and reporting
                  Topic 4: Journal Processing- Journal Import and Integration
                  • 1. Spreadsheet upload and external sources
                    - Journal Creation and Posting
                    • 1. Manual and recurring journals
                      • 2. Journal approval workflow
                        Topic 5: Reporting and Analysis- Financial Reporting
                        • 1. Smart View reporting
                          • 2. Financial statements generation

                            Oracle Financials Cloud: General Ledger 2023 Implementation Professional Sample Questions:

                            When creating your financial statements, you want a chart such as a bar graph to be included in the report output. Which two reporting tools allow you to achieve this?

                            • A. Financial Reporting Studio
                            • B. Smart View
                            • C. Account Inspector
                            • D. Financial Statement Generator
                            Answer: A,B

                            Explanation: Only visible for Pass4Leader members. You can sign-up / login (it's free).

                            You already ran Translation, but a last-minute adjusting journal entry in your ledger currency was entered and posted after you consolidated your results.
                            What is Oracle's recommended practice when this occurs?

                            • A. Rerun Translation and then reconsolidate your results.
                            • B. Enter another adjusting journal entry in the target currency to true up the balances.
                            • C. Translate only the adjusting journal entry.
                            • D. Rerun Revaluation and then rerun Translation.
                            Answer: A

                            Explanation: Only visible for Pass4Leader members. You can sign-up / login (it's free).

                            Which two statements are true about infotiles and infolets?

                            • A. You can create your own user-defined infolets.
                            • B. Infotiles have Front view. Back view, and Expanded view.
                            • C. You can refresh infolets to see up-to-date data.
                            • D. Infotiles pull data from a Smart View analysis.
                            • E. Infolets are accessed only from the News Feed home page layout.
                            Answer: B,C

                            Explanation: Only visible for Pass4Leader members. You can sign-up / login (it's free).

                            Which three factors should you consider while specifying Intercompany System options?

                            • A. Approvers who will approve intercompany transactions
                            • B. Whether to enforce an enterprise-wide currency or allow intercompany transactions in local currencies
                            • C. Automatic or manual batch numbering and the maximum transaction amount
                            • D. Whether to allow receivers to reject intercompany transactions
                            • E. Automatic or manual batch numbering and the minimum transaction amount
                            Answer: B,D,E

                            Explanation: Only visible for Pass4Leader members. You can sign-up / login (it's free).

                            You need to add new transactional attributes to the journal approval notification in an implementation project.
                            Which two Business Intelligence catalog objects should you copy (or customize) and edit?

                            • A. Sub template
                            • B. Layout template
                            • C. Output type
                            • D. Style template
                            • E. Data model
                            Answer: B,E

                            Explanation: Only visible for Pass4Leader members. You can sign-up / login (it's free).

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