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Oracle 1z0-1054-25 Exam Syllabus Topics:

Topic
Details

Topic 1

Implementing and Managing Journals: This section targets Oracle General Ledger Consultants and covers the full cycle of journal processing—from creation through approval to management. It includes configuration of journal-related objects and understanding how journals are sourced, tracked, and approved using predefined rules and workflows.

Topic 2

Performing Period Close: Designed for Oracle Financial Application Managers, this section evaluates expertise in executing and managing the period close lifecycle. Topics include reconciliations, revaluation, translation, and consolidation. Candidates are required to configure the Period Close Monitor and associated setups like revaluation, allocations, and chart mappings for financial consolidation.

Topic 3

Processing Intercompany: This domain assesses the skills of Finance Integration Specialists in configuring and managing intercompany transactions. Candidates must understand balancing rules, clearing configurations, and transaction processing, as well as how to maintain intercompany reconciliations in multi-entity structures.

Topic 4

Using AI
ML
Mobile and Other Automation Features: This final section assesses Finance Transformation Architects and focuses on the business value derived from incorporating AI, machine learning, and mobile capabilities in Oracle Financials. Candidates are expected to understand automation use cases and the practical benefits these modern features offer in streamlining financial operations.

Topic 5

Implementing Enterprise and Financial Reporting Structures: This section of the exam measures skills of Oracle ERP Implementation Consultants and covers the core components used in setting up enterprise structures and reporting configurations. It assesses knowledge in defining legal entities, jurisdictions, and geographies, as well as the design and configuration of Chart of Accounts. Candidates must also demonstrate how to set up and secure chart structures and manage reporting calendars and currencies.

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Oracle Financials Cloud: General Ledger 2025 Implementation Professional Sample Questions (Q99-Q104):

NEW QUESTION # 99
After user acceptance testing of the new Oracle Fusion Cloud system, the company's accountants report that they want to be notified of anomalies in certain account balances in real time. The anomalies should include an increase or decrease that is above or below a percentage amount threshold.
What is the best way to meet this requirement?

A. Perform an account analysis online.
B. Create an Account Group using Account Monitor.
C. Use Account Inspector.
D. Open a Smart View file saved on your desktop.

Answer: B

NEW QUESTION # 100
Which two are valid Data Access Set types? (Choose two.)

A. Full access
B. Primary Balancing Segment Value
C. Read and Write access
D. Read Only access
E. Full Ledger

Answer: A,D

Explanation:
The two valid Data Access Set types are Full access and Read Only access. A Data Access Set is a security feature that defines the access level that users have to ledger data, such as balances, budgets, or journals. A Data Access Set type is an attribute that determines the type of access that users have to ledger data within a Data Access Set. The two valid Data Access Set types are Full access and Read Only access. Full access allows users to view and enter data for ledger data within a Data Access Set. Read Only access allows users to view but not enter data for ledger data within a Data Access Set. Full Ledger is not a valid Data Access Set type, but an option that determines whether a Data Access Set grants access to all balancing segment values in a ledger or only specific balancing segment values. Primary Balancing Segment Value is not a valid Data Access Set type, but an attribute that identifies the legal entity or business unit for which financial statements are prepared and balanced. Read and Write access is not a valid Data Access Set type, but an alternative term for Full access. Reference: Oracle Financials Cloud: General Ledger 2022 Implementation Professional Objectives - Define Ledgers 12

NEW QUESTION # 101
Your Oracle Fusion Cloud client needs to store balances such as floor space, number of employees, quantities purchased for use in journal allocations, and financial reporting.
Currently, in their test environment, they are unable to record statistical amounts.
What is the reason?

A. The ledger currency does not have the derivation flag enabled.
B. The currency STAT does not have the ISO currency flag enabled.
C. The currency STAT does not have the statistical unit type enabled.

Answer: C

NEW QUESTION # 102
On a primary ledger in Use system options close section, the following field has been selected:
'Prevent General Ledger Period Close When Open Subledger Periods Exist'.
What three exceptions will prevent closing of the accounting period?

A. No pending transaction in the General Ledger Interface table
B. Pending Intercompany Transactions
C. Pending Transaction in General Ledger Interface
D. Intercompany Transactions are completed

Answer: B,C,D

NEW QUESTION # 103
When constructing a new chart of accounts instances, it has been decided to control the list of values within certain segments, with the use of related value sets.
When defining new related value sets, which three configuration steps should be considered?

A. Use table validated type value sets only
B. Link multiple value sets together
C. Link two value sets together
D. Use independent validation type value sets only
E. Order of the segments does not determine filtering sequence.
F. Order of the segments determines filtering sequence

Answer: C,D,F

NEW QUESTION # 104
......

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