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Failing 1z0-1054-22 means paying the full registration fee a second time, and that is an expensive way to learn. Prepare with 133 Oracle Financials Cloud: General Ledger 2022 Implementation Professional practice questions from Fast2test and give yourself the best chance of passing on your first attempt.

Oracle 1z0-1054-22 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Financials Cloud: General Ledger 2022 Implementation Professional
Exam Number:1Z0-1054-22
Certificate Validity Period:Lifecycle version for 2022 – check Oracle CertView for latest validity
Passing Score:60%
Exam Price:USD (varies by location – typical Oracle exam fee)
Related Certifications:Oracle Financials Cloud: Receivables 2022 Implementation Professional (1Z0-1056-22)
Oracle Financials Cloud: Payables 2022 Implementation Professional (1Z0-1055-22)
Exam Format:Multiple choice
Available Languages:English
Real Exam Qty:55
Exam Duration:90 minutes
Sample Questions:Oracle 1z0-1054-22 Sample Questions
Exam Way:Online or test center delivery via Oracle exam partners
Pre Condition:None (no formal prerequisites, though recommended experience with Oracle Financials Cloud)
Official Syllabus URL:https://education.oracle.com/oracle-financials-cloud-general-ledger-2022-implementation-professional/pexam_1Z0-1054-22

Oracle 1z0-1054-22 Exam Syllabus Topics:

SectionObjectives
General Ledger Cloud Implementation- Budgets and Financial Controls
  • 1. Budgetary control and encumbrance accounting
  • 2. Budget account monitoring and analysis
- Security and Access Control
  • 1. Data access sets and user roles
  • 2. Manage General Ledger security and segment value security
- Journal Processing and Transactions
  • 1. Intercompany transactions and balancing
  • 2. Create and process journal entries
- Financial Reporting and Analysis
  • 1. Smart View and OTBI reporting inquiries
  • 2. Financial Reporting Center tools
- Period Close and Allocations
  • 1. Allocations and periodic entries
  • 2. Manage period close processes
- Configure Enterprise Structures
  • 1. Configure chart of accounts and accounting calendars
  • 2. Define ledgers and legal entities

Oracle Financials Cloud: General Ledger 2022 Implementation Professional Exam FAQs and Straight Answers

The 1z0-1054-22 exam, officially titled Oracle Financials Cloud: General Ledger 2022 Implementation Professional, is the qualifying test for the Oracle Financials Cloud certification from Oracle, a credential at the Professional level. Passing it proves you have the skills employers look for in certified professionals, and it can also support progress toward related credentials such as Oracle Financials Cloud: Payables 2022 Implementation Professional (1Z0-1055-22), Oracle Financials Cloud: Receivables 2022 Implementation Professional (1Z0-1056-22).

The Oracle Financials Cloud: General Ledger 2022 Implementation Professional exam gives you 90 minutes to work through 55 questions. That is a steady pace with little room for second-guessing, so train yourself to read each question once, flag the difficult ones, and keep moving. Before exam day, sit at least two full timed sessions in the Fast2test test engine — when the clock feels familiar, it stops being a threat.

You need 60% to pass, and the official registration fee is USD (varies by location – typical Oracle exam fee). Fall short and you pay that fee in full again for every retake, which makes solid preparation the cheaper option by far. Work through the Fast2test practice questions until you score comfortably above the passing mark, then book your seat.

None (no formal prerequisites, though recommended experience with Oracle Financials Cloud) Eligibility rules can change over time, so before you register, confirm the latest requirements on the official exam page: Oracle 1z0-1054-22 exam overview.

Yes. Fast2test offers a free PDF demo for the Oracle Financials Cloud: General Ledger 2022 Implementation Professional exam so you can judge the quality of our questions and answers before paying anything. Every purchase also comes with 365 days of free updates, and once that period expires you can extend your update service at a 50% discount.

Your purchase is protected by a 100% money-back guarantee. If you sit the corresponding 1z0-1054-22 exam within 60 days of buying and do not pass, send us a scan of your exam enrollment slip together with your official Score Report (PDF) within 2 days of the exam date — the candidate name must match the payer's name — and we will process your full refund within 7 days. Please note that exams taken within 3 days of purchase, materials downloaded without ever sitting the exam, free products, and expired orders are not covered. If you would rather not have a refund, you can exchange your order for two exam products of equal value, free of charge, and keep the update service on your original purchase.

Delivery is instant: your files are emailed to you within one minute of payment and can also be downloaded directly, with no limit on the number of computers you install them on. If nothing has arrived within 2 hours, contact our customer service team and we will sort it out.

The Oracle Financials Cloud: General Ledger 2022 Implementation Professional syllabus is organized into 1 domains. The main areas include General Ledger Cloud Implementation. Scroll up to the Exam Topics section above for the complete, current outline before you plan your study schedule.

Oracle Financials Cloud: General Ledger 2022 Implementation Professional Sample Questions:

Question 1

Which two statements are true regarding the Intercompany Reconciliation Report? (Choose two.)

A. The report includes Ledger balancing lines generated when the primary balancing segment value (BSV) is in balance, but either the second or third BSVs are not.
B. You can only drill down to the general ledger journal and then from there to the subledger journal entry.
C. The report displays all clearing company balancing lines for a period.
D. The report can be run using an additional currency and conversion rate that converts all amounts into a common currency for comparison.
E. The report displays the intercompany receivables and intercompany payables balances in summary for a period.


Question 2

When creating financial reports which two tools use data from the General Ledger Balances Cube? (Choose two).

A. Oracle Financial Statement Generator
B. Financial Reporting Center
C. Financial Reporting Studio
D. Smart View


Question 3

You need to set up a calendar for the year Apr-XX to Mar-YY where YY is the following year, and you would like the periods to be named according to the year they fall in.
What format should you choose?

A. Fiscal Year
B. Calendar Year
C. Year
D. Period


Question 4

The Accounting Manager requests that a schedule be created to automatically post journals from subledgers at different times. Which journal attribute should you use to set the automatic posting criteria?

A. Journal Description
B. Journal Category
C. Journal Batch
D. Journal Source


Question 5

You are creating financial statements and want to have charts, such as a bar graph, automatically inserted to improve the understanding financial results. How would you achieve this?

A. Use Account Inspector that automatically creates graphs on financial balances
B. When designing your financial statement using Financial Report (FR), embed a chart into your report
C. When viewing the report, download to Excel and use Excel's Charting features to create your bar graph
D. Use Smart View, which is an Excel Add-on


Solutions:

Question 1
Answer: A,D
Question 2
Answer: C,D
Question 3
Answer: A
Question 4
Answer: D
Question 5
Answer: B

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