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Oracle 1z0-1054-20 exam : Oracle Financials Cloud: General Ledger 2020 Implementation Essentials

1z0-1054-20 Exam Questions
  • Exam Code: 1z0-1054-20
  • Exam Name: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials
  • Updated: Sep 05, 2025
  • Q & A: 103 Questions and Answers
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About Oracle 1z0-1054-20 Exam Guide

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How to Prepare for Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam

Preparation Guide for Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Administrator Exam

Introduction

Oracle is a global American information technology corporation located in California. Oracle is a multinational organisation that designs enterprise software systems. Oracle sells numerous cloud-based software and frameworks, as well as hardware and resources to help businesses grow their operations. The emphasis of Oracle's applications is data processing, market intelligence, IT operational management, corporate resource planning, protection, and new technologies. Oracle is well known for its hardware and cloud applications. Oracle Cloud, DBMS, is one of the most common corporate databases in the world.

Oracle also designs and develops methods and software for middle-tier application management frameworks, Human Capital Management (HCM), Customer Relationship Management (CRM), Enterprise Resource Planning Systems (ERP) and Supply Chain Management systems (SCM). Oracle Database is a multi-model database management framework generally known as the Oracle Database Management System (DBMS). It is a commonly used database for executing applications for data storage and transaction processing. Oracle Database is open to a variety of service providers on server, premises or mixed cloud installation.

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Oracle 1z0-1054-20 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Explain the journal description rules
  • Describe intercompany balancing
Topic 2
  • Explain how to analyze and monitor Budget Consumption
  • Process intercompany reconciliations
Topic 3
  • Explain OTBI and GL Subject Areas
  • Configure the Chart of Accounts
  • Create and manage Accounting Rules
Topic 4
  • Configure the legal entity structure and define the relationship to the Chart of Account
  • Explain the Close Process
Topic 5
  • Describe Smart View accounting inquiry and analysis
  • Explain the journal approval set up
Topic 6
  • Configure and Process Budgets
  • Design the Chart of Accounts and segment level rules for intercompany
Topic 7
  • Process Encumbrance Journals
  • Analyze reconciliations
  • Intercompany Processing
Topic 8
  • Describe the General Accounting Dashboard and Work Areas
  • Process journal entries
Topic 9
  • Configure Encumbrance Accounting
  • Configure automated journal processing
Topic 10
  • Create and process subledger accounting entries
  • Configure and process consolidations
Topic 11
  • Process intercompany transactions and periods
  • Configure allocations and periodic entries
Topic 12
  • Explain how to design and use various reporting tools
  • Explain the secondary ledger and reporting currencies
Topic 13
  • Set up the Financials Reporting Studio
  • Set up the accounting calendar
  • Set up accounting hierarchies

Reference: https://education.oracle.com/oracle-financials-cloud-general-ledger-2020-implementation-essentials/pexam_1Z0-1054-20

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  • England - 71,555 POUND

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