Oracle : 1z0-1054-20 Questions & Answers

Last Updated: Sep 01, 2026

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Reference: https://education.oracle.com/oracle-financials-cloud-general-ledger-2020-implementation-essentials/pexam_1Z0-1054-20

Oracle 1z0-1054-20 Exam Syllabus Topics:

SectionWeightObjectives
Journal Processing20%- Set up journal approval rules
- Process manual and automated journal entries
- Define allocations and periodic entries
- Manage journal descriptions and supporting references
Budgetary Control and Encumbrance10%- Monitor budget consumption
- Configure and process encumbrance journals
- Set up budgetary control
Subledger and Intercompany Accounting20%- Configure intercompany setup and balancing rules
- Create and manage subledger accounting rules
- Process intercompany transactions and reconciliations
Reporting and Analytics10%- Explore OTBI and General Ledger subject areas
- Leverage Smart View and General Accounting Dashboard
- Use Financial Reporting Studio
Period Close and Consolidation15%- Execute consolidations and reconciliations
- Perform period close process
- Configure and run revaluation and translation
Enterprise and Ledger Configuration25%- Define primary, secondary ledgers and reporting currencies
- Configure legal entity structure
- Configure Chart of Accounts security
- Design and configure Chart of Accounts
- Set up accounting calendars and currencies

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