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1z0-1054-22
  • Exam Code: 1z0-1054-22
  • Exam Name: Oracle Financials Cloud: General Ledger 2022 Implementation Professional
  • Updated: Nov 06, 2026
  • No. of Questions: 133 Questions and Answers
  • Download Limit: Unlimited
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Oracle 1z0-1054-22 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Financials Cloud: General Ledger 2022 Implementation Professional
Exam Number:1Z0-1054-22
Available Languages:English
Passing Score:60%
Exam Duration:90 minutes
Related Certifications:Oracle Financials Cloud: Receivables 2022 Implementation Professional (1Z0-1056-22)
Oracle Financials Cloud: Payables 2022 Implementation Professional (1Z0-1055-22)
Exam Format:Multiple choice
Real Exam Qty:55
Certificate Validity Period:Lifecycle version for 2022 – check Oracle CertView for latest validity
Exam Price:USD (varies by location – typical Oracle exam fee)
Sample Questions: DOWNLOAD DEMO
Exam Way:Online or test center delivery via Oracle exam partners
Pre Condition:None (no formal prerequisites, though recommended experience with Oracle Financials Cloud)
Official Syllabus URL:https://education.oracle.com/oracle-financials-cloud-general-ledger-2022-implementation-professional/pexam_1Z0-1054-22

Oracle 1z0-1054-22 Exam Syllabus Topics:

SectionObjectives
Topic 1: General Ledger Cloud Implementation- Journal Processing and Transactions
  • 1. Create and process journal entries
  • 2. Intercompany transactions and balancing
- Security and Access Control
  • 1. Data access sets and user roles
  • 2. Manage General Ledger security and segment value security
- Budgets and Financial Controls
  • 1. Budget account monitoring and analysis
  • 2. Budgetary control and encumbrance accounting
- Configure Enterprise Structures
  • 1. Define ledgers and legal entities
  • 2. Configure chart of accounts and accounting calendars
- Financial Reporting and Analysis
  • 1. Smart View and OTBI reporting inquiries
  • 2. Financial Reporting Center tools
- Period Close and Allocations
  • 1. Manage period close processes
  • 2. Allocations and periodic entries

Oracle 1z0-1054-22 Exam: Questions, Answered

Yes — Lead2Passed offers a free demo of the Oracle Financials Cloud: General Ledger 2022 Implementation Professional questions so you can evaluate the quality first. After purchase, 365 days of free updates are included; when the year ends, extend the update service at a 50% discount from your member zone.

The 1z0-1054-22 exam is Oracle's official certification test — pass it and the Oracle Financials Cloud credential is yours, a certification at the Professional level. It is considered a hot exam because employers consistently treat its certificate as proof of job-ready skill. Within the same track it relates to Oracle Financials Cloud: Payables 2022 Implementation Professional (1Z0-1055-22), Oracle Financials Cloud: Receivables 2022 Implementation Professional (1Z0-1056-22), which adds to its appeal.

Each Oracle Financials Cloud: General Ledger 2022 Implementation Professional attempt costs USD (varies by location – typical Oracle exam fee), and 60% is the passing mark. Retakes are billed in full again, so preparation is where the money is saved. Drill with Lead2Passed practice questions until your timed mock scores clear 60% comfortably, then book the 1z0-1054-22 exam once.

The Oracle Financials Cloud: General Ledger 2022 Implementation Professional exam gives you 90 minutes for 55 questions. That time budget rewards decisiveness — confident answers, quick flags, no lingering. Rehearse the rhythm in the Lead2Passed test engine with full timed sessions until the real 1z0-1054-22 exam feels like one more practice run.

The Oracle Financials Cloud: General Ledger 2022 Implementation Professional syllabus covers 1 areas, led by General Ledger Cloud Implementation, . Study the heavy domains first; the full outline sits in the section above this page.

None (no formal prerequisites, though recommended experience with Oracle Financials Cloud) These rules come from Oracle and evolve over time, so verify them on the official exam page: https://education.oracle.com/oracle-financials-cloud-general-ledger-2022-implementation-professional/pexam_1Z0-1054-22 before registering for the Oracle Financials Cloud: General Ledger 2022 Implementation Professional exam.

Delivery first: your 1z0-1054-22 product is emailed within one minute of payment — if nothing arrives within 2 hours, check spam and contact support for an immediate resend. On failure, the guarantee works in two ways. Refund: sit the corresponding 1z0-1054-22 exam within 60 days of purchase, submit a scanned enrollment slip and the official Score Report PDF within 2 days after the exam, and the refund completes within 7 days — covering only the corresponding exam, excluding attempts within 3 days of purchase, never-taken exams, free materials, and expired orders, with the candidate name matching the payer name. Exchange: if you prefer, we will exchange your product for two free exam products of equal value, and your original purchase keeps its update service. Give it a thought — with terms this clear, you have a straightforward decision.

Oracle Financials Cloud: General Ledger 2022 Implementation Professional Sample Questions:

You entered a journal and the client is asking for the following information:
The current account balance
What the future account balance will be if the journal is approved and posted How will you get this information?

  • A. View the Projected Balances region in the Create Journals page
  • B. Query the account balance online
  • C. Use Oracle Transactional Business Intelligence (OTBI) to query General Ledger balances
  • D. Run a Trial Balance before and after posting
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Explanation: Only visible for Lead2Passed members. You can sign-up / login (it's free).

You want to enter budget data in General Ledger Cloud. Which method is not supported?

  • A. File-based Data Import
  • B. Entering budget journals
  • C. Application Development Framework Desktop Integration (ADFdi)
  • D. Direct budget balance updates from a Financial Statement in Smart View
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Explanation: Only visible for Lead2Passed members. You can sign-up / login (it's free).

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

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

Correct Answer: B  🗳️

Explanation: Only visible for Lead2Passed members. You can sign-up / login (it's free).

All of your subsidiaries can share the same ledger with their parent company and all reside on the same application instance.
They do perform intercompany accounting. What is Oracle's recommended approach to performing consolidations?

  • A. Use General Ledger's Balance Transfer programs to transfer subsidiary ledger balances to the parent ledger, and then enter eliminating entries as a separate balancing segment in the parent ledger.
  • B. Use General Ledger's Financial Reporting functionality to produce consolidated reports by balancing segment where each report represents a different subsidiary. Any eliminating entries can be entered in yet another separate balancing segment
  • C. Use Oracle Hyperion Financial Management for this type of complex consolidation
  • D. Define multiple ledgers for consolidation and report on ledger set
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Explanation: Only visible for Lead2Passed members. You can sign-up / login (it's free).

The Create Accounting program could not determine the debit side of the journal entry.
Which component of Subledger Accounting determines the debit or credit side of a journal entry?

  • A. Journal Accounting Rule
  • B. Journal Entry Rule Set
  • C. Journal Line Rule
  • D. Journal Balances Rule
  • E. Account Rule
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Explanation: Only visible for Lead2Passed members. You can sign-up / login (it's free).

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