Exam Code: 1z0-1054-24
Exam Name: Oracle Financials Cloud: General Ledger 2024 Implementation Professional
Certification Provider: Oracle
Corresponding Certification: Oracle Financials Cloud

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Oracle 1z0-1054-24 Exam Overview:

Certification Vendor:	Oracle
Exam Name:	Oracle Financials Cloud: General Ledger 2024 Implementation Professional
Exam Number:	1Z0-1054-24
Available Languages:	English, Japanese
Real Exam Qty:	36
Exam Format:	Multiple Choice, Hands-on Performance-based Challenges
Certificate Validity Period:	2 years
Exam Duration:	90 minutes
Exam Price:	$245 USD
Passing Score:	Multiple Choice: 68%, Hands-on Challenges: 75%
Related Certifications:	Oracle Financials Cloud: General Ledger Implementation Professional (previous versions)
Recommended Training:	Oracle Financials Cloud: General Ledger Implementation Training
Exam Registration:	Oracle University Exam Registration Pearson VUE Registration
Sample Questions:	Oracle 1z0-1054-24 Sample Questions
Exam Way:	Online proctored or Onsite at Pearson VUE test centers
Pre Condition:	No mandatory prerequisites; prior implementation experience recommended
Official Syllabus URL:	https://education.oracle.com/oracle-financials-cloud-general-ledger-2024-implementation-professional/pexam_1Z0-1054-24

Oracle 1z0-1054-24 Exam Syllabus Topics:

Topic	Details
Topic 1	Configuring Ledgers: This section of the exam measures the skills of an Implementation Consultant and focuses on setting up and maintaining ledgers. It explains managing ledger configurations, understanding the General Ledger balances cube for reporting purposes, and applying security controls to protect ledger data and ensure proper access management.
Topic 2	Managing Period Close Components: This section of the exam measures the skills of a Financial Consultant and covers activities necessary to complete a successful period close. It explains managing revaluations, translations, and consolidations, handling reconciliations, configuring the Close Monitor to track period close status, and creating allocations and periodic journal entries needed for finalizing accounting records.
Topic 3	Processing Journals: This section of the exam measures the skills of a Financial Consultant and covers the processes involved in capturing and managing journals. It explains how to configure journal approval workflows, outlines methods for entering journals, discusses average daily balance processing, and details the configuration and processing of intercompany transactions.
Topic 4	Configuring Enterprise and Financial Reporting Structures: This section of the exam measures the skills of an Implementation Consultant and covers the setup of enterprise structures necessary for financial reporting. It includes configuring the chart of accounts, setting up account hierarchies, managing accounting calendars, securing chart of accounts segments, and handling legal jurisdictions, authorities, legal entities, geographies, and currencies to support an organization's financial operations.
Topic 5	Using Financial Reporting: This section of the exam measures the skills of an Implementation Consultant and covers the use of financial reporting tools in Oracle Financials Cloud. It explains how to work with the Financial Reporting Center, create and manage reports using Financial Reporting Web Studio, use Oracle Transactional Business Intelligence (OTBI), leverage Smart View for reporting, and utilize the General Accounting Dashboard. It also describes analyzing budgets versus actuals with these tools.

Reference: https://education.oracle.com/oracle-financials-cloud-general-ledger-2024-implementation-professional/pexam_1Z0-1054-24

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