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Oracle 1z0-1054-20

1z0-1054-20

Exam Code: 1z0-1054-20

Exam Name: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials

Updated: Aug 17, 2026

Q & A: 103 Questions and Answers

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About Oracle 1z0-1054-20 Exam

What is the duration, language, and format of Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam

  • Certification Validity period: 02 years.
  • This exam consists of 55 questions.
  • Passing score:
  • Chapter 2: 45%
  • There is a time limit of 85 minutes for the exam.
  • Chapter 1: 60%
  • Chapter 3: 33%
  • This exam is only offered in English.
  • The type of questions is Multiple Choice Questions.

Oracle cloud certifications require periodic recertification. To hold your certification inactive condition, you must update to the new edition within 1 year of Oracle's credential withdrawal.

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

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Who should take the Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam

The Oracle Software Application Platform Development 2020 Specialist Examination is tailored for experts with cloud implementation experience. This credential includes issues relevant to the delivery of the services provided by Oracle. This qualification demonstrates comprehension of the management portfolio and the configuration capability of the facilities. Up-to-date preparation and practical expertise are recommended to advise or guide lead implementations or similar activities. Both applicants have this qualification required. This course helps students to identify sub-quests, incorporate multi-questions with SET operators in a single query and report community functions on aggregate results. His chief audience are administrators, researchers, developers and system managers. The course teaches students how to observe key structural elements of Oracle database 12c, to collect data from tables in lines and columns, to manage schema objects, to produce SELECT statements, to use scalar and correlated sub-quests and much more. This course helps students to know how to perform Oracle ledger administrative and management related tasks. The audience includes the administrator, the administrator of the ledger. The course aims to instruct the candidate's concepts of data competence and auditing, management of tablespaces and undo data, management of the Oracle Database 12c network connections, security and privileges, the understanding of the architecture of the oracle general ledger, monitoring and implementation of the proactive data base instance.

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Oracle 1z0-1054-20 Exam Syllabus Topics:

SectionWeightObjectives
Reporting and Analytics10%- Explore OTBI and General Ledger subject areas
- Leverage Smart View and General Accounting Dashboard
- Use Financial Reporting Studio
Subledger and Intercompany Accounting20%- Process intercompany transactions and reconciliations
- Configure intercompany setup and balancing rules
- Create and manage subledger accounting rules
Budgetary Control and Encumbrance10%- Set up budgetary control
- Monitor budget consumption
- Configure and process encumbrance journals
Enterprise and Ledger Configuration25%- Set up accounting calendars and currencies
- Configure Chart of Accounts security
- Configure legal entity structure
- Define primary, secondary ledgers and reporting currencies
- Design and configure Chart of Accounts
Journal Processing20%- Define allocations and periodic entries
- Manage journal descriptions and supporting references
- Process manual and automated journal entries
- Set up journal approval rules
Period Close and Consolidation15%- Execute consolidations and reconciliations
- Perform period close process
- Configure and run revaluation and translation
1z0-1054-20 Related Exams
1z1-335 - Oracle Financials Cloud: Receivables 2016 Implementation Essentials
1z0-1054-20-JPN - Oracle Financials Cloud: General Ledger 2020 Implementation Essentials (1z0-1054-20日本語版)
1z1-1056-JPN - Oracle Financials Cloud: Receivables 2019 Implementation Essentials (1z0-1056日本語版)
1z0-960-JPN - Oracle Financials Cloud: General Ledger 2017 Implementation Essentials (1z0-960日本語版)
1Z0-1056-24 - Oracle Financials Cloud: Receivables 2024 Implementation Professional
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