Oracle 1z0-1054-23 actual dump : Oracle Financials Cloud: General Ledger 2023 Implementation Professional

1z0-1054-23
  • Exam Code: 1z0-1054-23
  • Exam Name: Oracle Financials Cloud: General Ledger 2023 Implementation Professional
  • Updated: Sep 23, 2026
  • Q & A: 52 Questions and Answers

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Oracle 1z0-1054-23 Exam Syllabus Topics:

SectionObjectives
Period Close Process- Close Activities
  • 1. Reconciliation and adjustments
    • 2. Close monitoring and reporting
      Journal Processing- Journal Import and Integration
      • 1. Spreadsheet upload and external sources
        - Journal Creation and Posting
        • 1. Manual and recurring journals
          • 2. Journal approval workflow
            Subledger Accounting- Subledger to GL Integration
            • 1. Transfer to General Ledger
              - Accounting Rules
              • 1. Journal line rules and account derivation
                General Ledger Setup- Enterprise Structure Configuration
                • 1. Chart of Accounts structure design
                  • 2. Legal entities and ledgers setup
                    - Accounting Configuration
                    • 1. Ledger options configuration
                      • 2. Accounting calendars and periods
                        Reporting and Analysis- Financial Reporting
                        • 1. Financial statements generation
                          • 2. Smart View reporting

                            Oracle Financials Cloud: General Ledger 2023 Implementation Professional Sample Questions:

                            Question #1

                            Which two statements are true about infotiles and infolets?

                            • A. You can create your own user-defined infolets.
                            • B. Infotiles have Front view. Back view, and Expanded view.
                            • C. Infolets are accessed only from the News Feed home page layout.
                            • D. Infotiles pull data from a Smart View analysis.
                            • E. You can refresh infolets to see up-to-date data.
                            Reveal Solution  Discussion  0

                            Correct Answer: B,E  🗳️

                            Explanation: Only visible for Actual4Dumps members. You can sign-up / login (it's free).

                            Question #2

                            When will Intercompany processing balance a journal using the accounts identified here for the UK Ledger?

                            • A. when the journal is balanced by second balancing segment value
                            • B. when the journal is not balanced by the primary balancing segment value (BSV)
                            • C. when there is a many-to-many journal and you want to use a clearing company
                            • D. when the journal is balanced by the primary BSV but not by second or third BSV
                            Reveal Solution  Discussion  0

                            Correct Answer: D  🗳️

                            Explanation: Only visible for Actual4Dumps members. You can sign-up / login (it's free).

                            Question #3

                            Your company has complex consolidation requirements with multiple General Ledger instances. You are using Oracle Hyperion Financial Management to consolidate the disparate General Ledgers. You can typically map segments between your General Ledger segment to a Hyperion Financial Management segment, such as Company to Entity, Department to Department, and Account to Account What happens to segments in your source General Ledger, such as Program, that cannot be mapped to Hyperion Financial Management?

                            • A. Data is summarized across segments that are not mapped to Hyperion Financial Management.
                            • B. No data is transferred.
                            • C. Errors occur for unmapped segments. You must map multiple segments from source General Ledgers to the target segment in Hyperion Financial Management.
                            • D. The unmapped segments default to future use segments in Hyperion Financial Management.
                            Reveal Solution  Discussion  0

                            Correct Answer: A  🗳️

                            Explanation: Only visible for Actual4Dumps members. You can sign-up / login (it's free).

                            Question #4

                            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. Validation
                            • B. HZ_GEO_IDENTIFIER_SUBTYPE Lookup
                            • C. Address Cleansing
                            • D. Geocoding
                            Reveal Solution  Discussion  0

                            Correct Answer: D  🗳️

                            Explanation: Only visible for Actual4Dumps members. You can sign-up / login (it's free).

                            Question #5

                            You are using the Create Budgets in a Spreadsheet option to load your budget balances into the General Ledger balances cube. Your FYXX Budget is not appearing in the Budget Name list of values.
                            What are two reasons for this?

                            • A. Publish Chart of Accounts Dimension Members and Hierarchies to the Balances Cube has not been run.
                            • B. The Create Scenario Dimension Members program has not been run.
                            • C. A value for the budget scenario is not created.
                            • D. Transfer Budget Balances to Budget Cubes has not been run.
                            • E. Budgeting is not enabled in the Ledger options.
                            Reveal Solution  Discussion  0

                            Correct Answer: B,C  🗳️

                            Explanation: Only visible for Actual4Dumps members. You can sign-up / login (it's free).

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