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Instant Download Oracle : 1z0-1054-23 Questions & Answers as PDF & Test Engine
- Exam Code: 1z0-1054-23
- Exam Name: Oracle Financials Cloud: General Ledger 2023 Implementation Professional
- Updated: Sep 11, 2026
- No. of Questions: 52 Questions and Answers
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Oracle 1z0-1054-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Enterprise and Financial Reporting Structures | 20% | - Configure Enterprise Structures
|
| Period Close and Financial Reporting | 20% | - Financial Reporting
|
| Journal Processing and Approval | 20% | - Manage Journals
|
| Ledgers and Accounting Setup | 25% | - Configure Ledgers
|
| Intercompany Accounting | 15% | - Configure Intercompany
|
Oracle Financials Cloud: General Ledger 2023 Implementation Professional Sample Questions:
Which two statements are true about the Intercompany Reconciliation report?
- A. You can only drill down to the General Ledger journal and then from there to the Subledger journal entry.
- B. It can be run using an additional currency and conversion rate that converts all amounts into a common currency for comparison.
- C. It displays the intercompany receivables and intercompany payables balances in summary for a period.
- D. It includes ledger balancing lines generated when the primary balancing segment value (BSV) is in balance, but either the second or third BSVs are not.
- E. It displays all clearing company balancing lines for a period.
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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. No data is transferred.
- B. Errors occur for unmapped segments. You must map multiple segments from source General Ledgers to the target segment in Hyperion Financial Management.
- C. The unmapped segments default to future use segments in Hyperion Financial Management.
- D. Data is summarized across segments that are not mapped to Hyperion Financial Management.
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You notice that a lot of erroneous address data is being saved. How do you ensure that only valid addresses are entered in the system?
- A. Redefine the geography hierarchy.
- B. Define the Geography Validation for Country option to No Validation.
- C. Define the Geography Validation for Country option to Error.
- D. Redefine the location structure.
Explanation: Only visible for Lead2Passed members. You can sign-up / login (it's free).
You need to add new transactional attributes to the journal approval notification in an implementation project.
Which two Business Intelligence catalog objects should you copy (or customize) and edit?
- A. Style template
- B. Layout template
- C. Output type
- D. Sub template
- E. Data model
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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. A value for the budget scenario is not created.
- C. The Create Scenario Dimension Members program has not been run.
- D. Transfer Budget Balances to Budget Cubes has not been run.
- E. Budgeting is not enabled in the Ledger options.
Explanation: Only visible for Lead2Passed members. You can sign-up / login (it's free).
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