Prepare with Oracle 1z0-1054-23 exam practice material, pass for sure
Updated: Sep 11, 2026
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Oracle 1z0-1054-23 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: General Ledger 2023 Implementation Professional |
| Exam Number: | 1Z0-1054-23 |
| Real Exam Qty: | 50-60 |
| Exam Duration: | 90 minutes |
| Exam Price: | $245 USD (varies by country/region) |
| Exam Format: | Multiple Choice, Multiple Response |
| Related Certifications: | Oracle Financials Cloud: Fixed Assets Implementation Professional Oracle Financials Cloud: Accounts Receivable Implementation Professional Oracle Financials Cloud: Accounts Payable Implementation Professional |
| Available Languages: | English |
| Recommended Training: | Oracle Financials Cloud Training |
| Exam Registration: | Pearson VUE Oracle Exams Oracle Certification Registration |
| Sample Questions: | Oracle 1z0-1054-23 Sample Questions |
| Exam Way: | Online proctored or test center delivery via Pearson VUE |
| Pre Condition: | Recommended: experience with Oracle Financials Cloud and basic accounting knowledge. No mandatory prerequisite certification required. |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1z0-1054-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Reporting and Analysis | - Financial Reporting
|
| Period Close Process | - Close Activities
|
| Journal Processing | - Journal Import and Integration
|
| General Ledger Setup | - Accounting Configuration
|
| Subledger Accounting | - Accounting Rules
|
Oracle Financials Cloud: General Ledger 2023 Implementation Professional Sample Questions:
You want your sales representatives to be able to find points of interest, such as customers, while out on business. What should you enable to achieve this?
- A. Address Cleansing
- B. HZ_GEO_IDENTIFIER_SUBTYPE Lookup
- C. Geocoding
- D. Validation
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For translation purposes, the Financials reporting team has decided to load the monthly Historical currency rates by using File-Based Data Interface (FBDI).
What happens to the existing historical rate for a specific ledger, currency, account combination, and accounting period if they use insert in the spreadsheet?
- A. The existing historical rate is deleted.
- B. The historical rate is replaced.
- C. Historical rates are converted into an average rate (original and new rate).
- D. Nothing, existing historical rates are not updated.
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You are using account hierarchies for reporting and allocations.
Which two statements are true about these types of hierarchies? (Choose two.)
- A. Hierarchies for reporting and allocations have to be published to Essbase cubes.
- B. Hierarchies for reporting and allocations do not have to be published to Essbase cubes.
- C. You can have only one version of a hierarchy published to the Essbase cube at any time.
- D. Child values in these hierarchies can belong to only one parent.
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Which two statements are true regarding the Intercompany Reconciliation Report? (Choose two.)
- A. The report displays all clearing company balancing lines for a period.
- B. The report displays the intercompany receivables and intercompany payables balances in summary for a period.
- C. You can only drill down to the general ledger journal and then from there to the subledger journal entry.
- 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 includes Ledger balancing lines generated when the primary balancing segment value (BSV) is in balance, but either the second or third BSVs are not.
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Your ledger currency is USD. At month end, you have a balance on the Accounts Payable Liability Account of
100,000 Euros, which is equivalent to 136,550 USD. This balance needs to be revalued. The month-end exchange rate for revaluation is 1 Euro = 1.3755 USD.
What two statements are true about the resulting revaluation run?
- A. The original journal entry in Euros remains the same.
- B. There is no unrealized exchange gain or loss calculated.
- C. You have an unrealized exchange loss recorded.
- D. The original journal entry in Euros is updated.
- E. You have an unrealized exchange gain recorded.
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