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Instant Download Oracle : 1z0-1054-22 Questions & Answers as PDF & Test Engine
- 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:
| Section | Objectives |
|---|---|
| Topic 1: General Ledger Cloud Implementation | - Journal Processing and Transactions
|
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.
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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
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
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)
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
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
Correct Answer: C 🗳️
Explanation: Only visible for Lead2Passed members. You can sign-up / login (it's free).
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