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Oracle Financials Cloud: General Ledger 2024 Implementation Professional (1Z0-1054-24)

Oracle Question & Answer
SAP

Last Updated

05 June 2026

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4.7 (2160)

Exam Code: 1Z0-1054-24
Exam Name: Oracle Financials Cloud: General Ledger 2024 Implementation Professional

Passing Score: 75%
Duration: 90 Minute

ALL ITprep Provides 100% Valid Oracle Exam Questions and answers which can helps you to Pass Your Certification Exam in First Attempt.

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  • Total Questions in Exams: 55
  • Total Questions in Dumps: 55

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Course Description
Exam topics covered

Configuring Enterprise and Financial Reporting Structures

  • Manage Chart of Accounts
  • Manage Account Hierarchies
  • Manage Accounting Calendars
  • Manage Chart of Accounts Security
  • Manage Legal Jurisdictions, Legal Authorities and Legal Entities
  • Manage Geographies
  • Manage Currencies

Processing Journals

  • Configure the Journal Approval setup
  • Explain the processes to capture and enter journals
  • Explain Average Daily Balance Processing

Configure and Process Intercompany

  • Manage Intercompany Balancing Rules and Additional Intercompany and Clearing Options
  • Set up Intercompany Transaction
  • Configure Intercompany Balancing Rules
  • Process Intercompany Transactions
  • Process intercompany reconciliations

Using Financial Reporting

  • Explain the Financial Reporting Center and available reporting tools
  • Manage Financial Reporting using Financial Reporting Web Studio
  • Manage Financial Reporting using Oracle Transactional Business Intelligence
  • Managing Financial Reporting using Smart View
  • Describe the General Accounting Dashboard and Work Areas
  • Analyze budgets versus actuals using reporting tools

Managing Period Close Components

  • Explain the Close Process
  • Manage Revaluations
  • Manage Translations
  • Manage Consolidations
  • Manage Reconciliations
  • Configure Close Monitor for efficient period close
  • Create Allocations and Periodic Entries

Configuring Ledgers

  • Manage Ledgers
  • Explain the General Ledger Balances Cube
  • Manage General Ledger Security
Exam topics covered

Configuring Enterprise and Financial Reporting Structures

  • Manage Chart of Accounts
  • Manage Account Hierarchies
  • Manage Accounting Calendars
  • Manage Chart of Accounts Security
  • Manage Legal Jurisdictions, Legal Authorities and Legal Entities
  • Manage Geographies
  • Manage Currencies

Processing Journals

  • Configure the Journal Approval setup
  • Explain the processes to capture and enter journals
  • Explain Average Daily Balance Processing

Configure and Process Intercompany

  • Manage Intercompany Balancing Rules and Additional Intercompany and Clearing Options
  • Set up Intercompany Transaction
  • Configure Intercompany Balancing Rules
  • Process Intercompany Transactions
  • Process intercompany reconciliations

Using Financial Reporting

  • Explain the Financial Reporting Center and available reporting tools
  • Manage Financial Reporting using Financial Reporting Web Studio
  • Manage Financial Reporting using Oracle Transactional Business Intelligence
  • Managing Financial Reporting using Smart View
  • Describe the General Accounting Dashboard and Work Areas
  • Analyze budgets versus actuals using reporting tools

Managing Period Close Components

  • Explain the Close Process
  • Manage Revaluations
  • Manage Translations
  • Manage Consolidations
  • Manage Reconciliations
  • Configure Close Monitor for efficient period close
  • Create Allocations and Periodic Entries

Configuring Ledgers

  • Manage Ledgers
  • Explain the General Ledger Balances Cube
  • Manage General Ledger Security

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8 reviews for Oracle Financials Cloud: General Ledger 2024 Implementation Professional

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    Vedant

    December 18, 2024 at 12:20 pm

    The best practice questions I’ve ever used. They’re challenging but fair, and they prepared me for every aspect of the exam.

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    Parijat

    December 11, 2024 at 05:31 pm

    The practice questions were challenging yet highly relevant, helping me build confidence and excel.

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    Soren

    December 06, 2024 at 01:13 pm

    These practice questions were a fantastic resource. They helped me focus my studying and prepared me thoroughly for the real exam.

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