Oracle Financials Cloud: General Ledger 2022 Implementation Professional : 1z0-1054-22

  • Exam Code: 1z0-1054-22
  • Exam Name: Oracle Financials Cloud: General Ledger 2022 Implementation Professional
  • Q & A: 133 Questions and Answers

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About Oracle Financials Cloud: General Ledger 2022 Implementation Professional : 1z0-1054-22 Exam

One to two hours every day is all it takes when the material respects your time. In 2026, TorrentVCE helps 1z0-1054-22 candidates pass with Oracle Financials Cloud: General Ledger 2022 Implementation Professional practice questions instead of piles of review books.

Oracle 1z0-1054-22 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Financials Cloud: General Ledger 2022 Implementation Professional
Exam Number:1Z0-1054-22
Exam Price:USD 245
Certificate Validity Period:Version-specific / No expiration
Related Certifications:Oracle Fusion Cloud Financials Implementation Professional
Real Exam Qty:55
Exam Duration:90 minutes
Available Languages:English
Passing Score:60%
Exam Format:Multiple Choice
Recommended Training:Oracle Financials Cloud: General Ledger 2022 Implementation Training
Exam Registration:Oracle University Exam Page
Pearson VUE Registration
Sample Questions:Free Download 1z0-1054-22 Exam PDF Torrent
Exam Way:Online proctored or onsite testing at Pearson VUE centers
Pre Condition:No mandatory prerequisites; hands-on implementation experience recommended
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:

SectionWeightObjectives
Period Close and Security15%- Manage General Ledger Security and Access
- Configure Period Close Components
- Explain GL Balances Cube
Ledgers and Accounting Configuration20%- Configure Primary and Secondary Ledgers
- Manage Budgetary Control and Encumbrance
- Set Up Accounting Calendars and Currencies
Journals and Allocations15%- Configure Journal Approval Rules
- Define Allocations and Periodic Entries
- Create and Process Journal Entries
Intercompany Functionality15%- Set Up Intercompany Balancing Rules
- Process Intercompany Transactions
- Perform Intercompany Reconciliations
Financial Reporting and Analysis15%- Use Financial Reporting Center
- Analyze Data with OTBI and Smart View
- Build Reports with Financial Reporting Web Studio
Enterprise and Financial Reporting Structures20%- Define Account Hierarchies and Trees
- Manage Legal Entities and Jurisdictions
- Configure Chart of Accounts and Segments

1z0-1054-22 Exam FAQ: Save Time, Read This

Oracle Financials Cloud: General Ledger 2022 Implementation Professional is an official Oracle certification exam, listed under the code 1z0-1054-22. Passing it earns the Oracle Financials Cloud: General Ledger 2022 Implementation Professional certification at the Professional level. It also ties into Oracle Fusion Cloud Financials Implementation Professional. In an era of lifelong learning, this credential is one of the most efficient ways to prove your skills keep pace.

Oracle Financials Cloud: General Ledger 2022 Implementation Professional gives you 55 questions across 90 minutes. The efficient approach: one to two hours of daily timed practice in the TorrentVCE engine builds both the knowledge and the pacing, so exam day feels like simply another well-run session.

Passing Oracle Financials Cloud: General Ledger 2022 Implementation Professional takes 60%, and the official registration fee is USD 245. Retakes cost the full USD 245 again, so treat your TorrentVCE practice scores as the decision-maker: book when the passing line sits below your everyday results, not your best ones.

The Oracle Financials Cloud: General Ledger 2022 Implementation Professional syllabus is organized into 6 domains, led by Journals and Allocations (15%), Financial Reporting and Analysis (15%), and Enterprise and Financial Reporting Structures (20%). The complete breakdown is above on this page; it is the fastest way to learn where your limited preparation hours belong.

No mandatory prerequisites; hands-on implementation experience recommended

Vendor policies are revised periodically, so verify the current requirements before registering via the official exam page.

Registration for Oracle Financials Cloud: General Ledger 2022 Implementation Professional goes through the official channels below.

For planning: the exam is delivered Online proctored or onsite testing at Pearson VUE centers.

Oracle recommends the following training for Oracle Financials Cloud: General Ledger 2022 Implementation Professional candidates.

Follow any training with daily practice on the 133 questions in the TorrentVCE 1z0-1054-22 package; sorted by authorized expert groups, they turn course theory into exam-ready skill.

Yes on both counts. Download the free demo of the Oracle Financials Cloud: General Ledger 2022 Implementation Professional questions first, and browse the comments written by former customers for a second opinion. After purchase, new versions are sent to you as soon as they release, free for 365 days; after expiry, extending the update service costs 50% of the regular price.

Worry-free means a 100% money-back guarantee with stated conditions. Take the Oracle Financials Cloud: General Ledger 2022 Implementation Professional exam within 60 days of purchase; if you fail, you may claim a full refund, provided the exam matches your product. Attempts within 3 days of purchase are ineligible, as are downloaded-but-unused products, free materials, and expired orders; the candidate name must match the payer name. Submit a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and claims are processed within 7 days. Alternatively, exchange for two other exam products of equal value, free, keeping the update service on your original purchase.

Delivery is instant: download your files the moment you pay, with an email copy arriving within one minute. If nothing arrives within 2 hours, check spam and contact customer service, online 24/7 with infinite patience. Installation is unlimited across your computers.

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

Question #1

You are using account hierarchies for reporting and allocations.
Which two statements are true about these types of hierarchies? (Choose two.)

  • A. You can have only one version of a hierarchy published to the Essbase cube at any time.
  • B. Child values in these hierarchies can belong to only one parent.
  • C. Hierarchies for reporting and allocations have to be published to Essbase cubes.
  • D. Hierarchies for reporting and allocations do not have to be published to Essbase cubes.
Reveal Solution  Discussion  0

Correct Answer: A,B  πŸ—³οΈ

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Question #2

The budget managers specify the budget accounts they want to monitor and decide on percentage threshold of funds availability. Where must you define the details while analyzing budget balances in the Budget Account Monitor page?

  • A. Budget Controller
  • B. Application Development Framework Desktop Integration (ADFdi)
  • C. Account Group
  • D. Budget Account Group
  • E. Budget Group
Reveal Solution  Discussion  0

Correct Answer: D  πŸ—³οΈ

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

Question #3

Which two statements are true regarding the Intercompany Reconciliation Report? (Choose two.)

  • A. The report can be run using an additional currency and conversion rate that converts all amounts into a common currency for comparison.
  • B. The report displays all clearing company balancing lines for a period.
  • C. The report displays the intercompany receivables and intercompany payables balances in summary for a period.
  • D. The report 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. You can only drill down to the general ledger journal and then from there to the subledger journal entry.
Reveal Solution  Discussion  0

Correct Answer: A,D  πŸ—³οΈ

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

Question #4

During implementation, a consultant accidentally designated the cost center segment as the natural account. Values have already been assigned and journals have been posted.
Select the process that allows you to change the qualifier back to cost center qualifier.

  • A. Delete the chart of accounts and create a new one.
  • B. Change and save the segment qualifier.
  • C. Delete the segment and create a new segment with the correct qualifier.
  • D. Create a new chart of accounts.
Reveal Solution  Discussion  0

Correct Answer: B  πŸ—³οΈ

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

Question #5

You need to create a boardroom ready month-end reporting package for an upcoming Audit Committee meeting. You have 10 Financial Reports that you want to share with executives and auditors that are nicely formatted.
What are the two Oracle recommended ways to accomplish this? (Choose two.)

  • A. Use BI Publisher to configure the reports and then use bursting to email the reports to the executives and Audit Committee
  • B. Create a Smartview report, where the various sheets represent the different Financial Statements and send them the spreadsheet
  • C. Using Workspace, assemble multiple reports into a book that can be printed and viewed individually as an entire book
  • D. Use OTBI to create multiple reports that you save to a folder that only the users can access
  • E. Use a report batch to run reports at a specific time to create a set of snapshot reports
Reveal Solution  Discussion  0

Correct Answer: C,E  πŸ—³οΈ

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

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