Oracle Financials Cloud: General Ledger 2024 Implementation Professional {1Z0-1054-24} Pdf Questions

Oracle Financials Cloud: General Ledger 2024 Implementation Professional {1Z0-1054-24} Pdf Questions

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15, Apr 2025

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Are you looking for Oracle Financials Cloud: General Ledger 2024 Implementation Professional exam questions or dumps to clear your exam in 1st attempt? you have reached to right exam questions website!

 

Our technical specialists have developed the Oracle Financials Cloud: General Ledger 2024 Implementation. The professional dumps course includes all types of examination questions. This course encompasses all examination topics and guarantees successful completion. 

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Oracle Financials Cloud: General Ledger 2024 Implementation Professional Exam Syllabus:

Configuring Enterprise and Financial Reporting Structures

  • Manage Chart of Accounts
  • Manage Account Hierarchies
  • Manage Accounting Calendars
  • Manage Chart of Accounts Security
  • Manage Legal Jurisdictions, Legal Authorities and Legal Entities
  • Manage Geographies
  • Manage Currencies

Processing Journals

  • Configure the Journal Approval setup
  • Explain the processes to capture and enter journals
  • Explain Average Daily Balance Processing

Configure and Process Intercompany

  • Manage Intercompany Balancing Rules and Additional Intercompany and Clearing Options
  • Set up Intercompany Transaction
  • Configure Intercompany Balancing Rules
  • Process Intercompany Transactions
  • Process intercompany reconciliations

Using Financial Reporting

  • Explain the Financial Reporting Center and available reporting tools
  • Manage Financial Reporting using Financial Reporting Web Studio
  • Manage Financial Reporting using Oracle Transactional Business Intelligence
  • Managing Financial Reporting using Smart View
  • Describe the General Accounting Dashboard and Work Areas
  • Analyze budgets versus actuals using reporting tools

Managing Period Close Components

  • Explain the Close Process
  • Manage Revaluations
  • Manage Translations
  • Manage Consolidations
  • Manage Reconciliations
  • Configure Close Monitor for efficient period close
  • Create Allocations and Periodic Entries

Configuring Ledgers

  • Manage Ledgers
  • Explain the General Ledger Balances Cube
  • Manage General Ledger Security

 

Official Oracle Financials Cloud: General Ledger 2024 Implementation Professional Exam Details:

Exam Name: Oracle Financials Cloud: General Ledger 2024 Implementation Professional 

Exam Duration: 90 minutes

Passing Marks: 68%

 

Competitive advantages after going through these questions:

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This course will also serve as example questions for the Oracle Financials Cloud: General Ledger 2024 Implementation Professional. After reviewing these Oracle Financials Cloud: General Ledger 2024 Implementation Professional dumps, you will experience a boost in confidence. We have also factored the examination syllabus into our question preparation. 

 

FAQ(Frequently Asked Question)

 

Q1. What is the Oracle Financials Cloud General Ledger 2024 Implementation Professional exam?

The Oracle Financials Cloud General Ledger 2024 Implementation Professional exam under certification code 1Z0-1054-24 targets professionals who execute Oracle Financials Cloud General Ledger solution implementations and configurations. This examination ensures professionals demonstrate expertise in cloud financial operations through their ability to implement Oracle Financials Cloud General Ledger solutions and configure its ledger setup and financial reporting features together with journal processing and period-close procedures.

Q2. When is the last date to register for the 2024 version of the exam?

The certification standard updates occur with typical frequency once per year as per March 27 2025 records. The 2024 1Z0-1054-24 exam will remain accessible from this point until mid-2025 although it might get replaced by the 2025 exam variant. Check Oracle University’s official website for the most current registration deadlines.

Q3. What topics are covered in the General Ledger 2024 Implementation Professional exam?

The examination assesses students on their proficiency with important features in Oracle Financials Cloud General Ledger by testing their abilities to configure enterprise structures and manage accounts while handling intercompany transactions setting up ledgers and performing period closure and financial report production. To succeed in the exam one must know the 2024 release features through practical experience.

Q4. How difficult is the Oracle Financials Cloud 2024 exam compared to previous years?

The upcoming 2024 exam will feature a higher proportion of scenario-based and hands-on questions because Oracle has adopted performance-based assessment methods recently. The exam demands advanced experience with General Ledger functionality according to candidate feedback since the multiple-choice format from previous tests such as 2023 does not suffice.

Q5. What are the best resources to prepare for the General Ledger 2024 Implementation Professional exam?

The most sought-after preparation materials for the Oracle Enterprise Learning Portfolio Foundation 2022 consist of Oracle University official training, 1Z0-1054-24 study guide, and practice examinations from DBExam and Udemy. Practicing with Oracle Financials Cloud systems as well as reviewing new updates in the 2024 release notes should be highly considered.

 

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