Oracle 1Z1-1054 : Oracle Financials Cloud: General Ledger 2019 Implementation Essentials

Only a few weeks left before your Oracle Financials Cloud: General Ledger 2019 Implementation Essentials exam date? Don't panic. The 78 practice questions from Braindumpsqa are organized around what the 1Z1-1054 exam actually tests, so even a compressed study plan stays on target.

Oracle 1Z1-1054 Exam Overview:

Certification Vendor:	Oracle
Exam Name:	Oracle Financials Cloud: General Ledger 2019 Implementation Essentials
Exam Number:	1Z0-1054
Passing Score:	60%
Available Languages:	English
Exam Price:	USD 245
Real Exam Qty:	70
Exam Format:	Multiple Select, Multiple Choice
Related Certifications:	Oracle Financials Cloud: General Ledger Certified Implementation Specialist
Exam Duration:	120 minutes
Certificate Validity Period:	Version-specific / Non-expiring for 2019 edition
Recommended Training:	Oracle Financials Cloud: General Ledger 2019 Implementation Training
Exam Registration:	Pearson VUE Scheduling Oracle University Registration
Sample Questions:
Exam Way:	Online proctored or Onsite at Pearson VUE test centers
Pre Condition:	No mandatory prerequisites; 6+ months hands-on experience with Oracle Financials Cloud recommended
Official Syllabus URL:	https://education.oracle.com/oracle-financials-cloud-general-ledger-2019-implementation-essentials/pexam_1Z0-1054

Oracle 1Z1-1054 Exam Syllabus Topics:

Oracle Financials Cloud: General Ledger 2019 Implementation Essentials Exam FAQ Hub

How much does the 1Z1-1054 exam cost, and what is the passing score?

Registering for the Oracle Financials Cloud: General Ledger 2019 Implementation Essentials exam costs USD 245, and you need 60% to pass. One detail worth remembering: a failed attempt is not discounted — retaking the exam means paying USD 245 again in full. Use the Braindumpsqa test engine to benchmark yourself first; when your mock results consistently clear 60%, you are ready to book.

What is the Oracle Financials Cloud: General Ledger 2019 Implementation Essentials certification exam?

The 1Z1-1054 exam is Oracle's official test for the Oracle Financials Cloud: General Ledger 2019 Certified Implementation Specialist credential, a certification at the Specialist level. Earning it tells employers your skills have been verified by the vendor itself, which carries real weight in hiring and promotion decisions. Within the same certification track, it sits alongside Oracle Financials Cloud: General Ledger Certified Implementation Specialist, so it can also serve as a stepping stone toward those credentials.

Which topics does the 1Z1-1054 exam test?

Oracle divides the Oracle Financials Cloud: General Ledger 2019 Implementation Essentials exam into 7 domains. The largest ones are Budgetary Control and Encumbrance at 10%, Enterprise Structures at 20%, Intercompany Processing at 10% — together these account for the bulk of your score, so start there. The complete domain-by-domain outline appears in the exam topics section above on this page.

If I fail the Oracle Financials Cloud: General Ledger 2019 Implementation Essentials exam, what are my options? And how fast do I get the product?

Two layers of protection here. First, delivery: your 1Z1-1054 product is available for instant download, and a copy lands in your email within one minute of payment — if 2 hours pass with nothing (check spam first), our support team will resend it. There is no cap on how many computers you can install it on. Second, the refund policy: if you take the 1Z1-1054 exam within 60 days of purchase and fail, you may claim a full refund. The claim needs a scanned enrollment slip plus your official Score Report PDF, filed within 2 days after the exam, and it is settled within 7 days. The policy covers only the corresponding exam — attempts within 3 days of purchase, exams never actually taken, free materials, and expired orders are excluded, and the candidate's name must match the payer's. If you would rather keep studying, you can instead exchange your product for two free exam products of equal value and keep the update service on your original purchase.

How long is the 1Z1-1054 exam, and how many questions does it have?

You will face 70 questions in 120 minutes on the Oracle Financials Cloud: General Ledger 2019 Implementation Essentials exam. Do the math and the per-question budget is tight, which is why pacing drills matter as much as content review. Our advice: take two or three full timed mocks in the Braindumpsqa engine before the real thing, and practice skipping a stubborn question instead of burning five minutes on it.

Does Oracle recommend any official training for the 1Z1-1054 exam?

Yes — Oracle lists these official training options for Oracle Financials Cloud: General Ledger 2019 Implementation Essentials candidates:

• Oracle Financials Cloud: General Ledger 2019 Implementation Training

Formal training teaches the syllabus; then the 78 practice questions from Braindumpsqa show you whether that knowledge holds up under real exam conditions.

Can I test-drive the 1Z1-1054 material before paying?

Of course. Braindumpsqa publishes a free PDF demo for the Oracle Financials Cloud: General Ledger 2019 Implementation Essentials exam so you can review real sample questions and answers first. Every purchase also includes 365 days of free updates, and after that period you can renew the update service at a 50% discount directly from your member zone.

Do I need to meet any requirements before taking the 1Z1-1054 exam?

No mandatory prerequisites; 6+ months hands-on experience with Oracle Financials Cloud recommended Eligibility rules are set by Oracle and do change from time to time, so double-check the latest requirements on the official exam page at https://education.oracle.com/oracle-financials-cloud-general-ledger-2019-implementation-essentials/pexam_1Z0-1054 before you register.

Where do I sign up for the Oracle Financials Cloud: General Ledger 2019 Implementation Essentials exam?

Registration for the 1Z1-1054 exam runs through these official channels:

• Oracle University Registration
• Pearson VUE Scheduling

As for how you will actually sit the exam: Online proctored or Onsite at Pearson VUE test centers. Choose whichever delivery option suits your setup when you book.

Oracle Financials Cloud: General Ledger 2019 Implementation Essentials Sample Questions:

Question #1
Your customer wants to create fully balanced balance sheets for the Company, Line of Business, and Product segments for both financial and management reporting.
What is Oracle's recommended method for doing this?

A. Use account hierarchies to create different hierarchies for different purposes and use those hierarchies for reporting
B. Create two segments where the first segment represents the concatenation of Company and Line of Business, and then enable secondary tracking for the Product segment
C. Create three segments for the Company, Line of Business, and Product segments and qualify them as primary balancing segment, second, and third balancing segments, respectively
D. Create a segment that acts as the primary balancing segment and create values that represent a concatenation of all three business dimensions

Question #2
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

Question #3
You just submitted the Accounting Configuration. What two things must happen before you can enter journals? (Choose two.)

A. You must re-deploy the chart of accounts
B. A Data Access Set with full read/write access to the ledger is automatically created
C. You must define a Data Access Set to obtain full read/write access to ledgers in the Accounting Configuration
D. You must assign the job role and data security context to each user

Question #4
Your customer uses Financials Cloud, Projects, Inventory and Procurement.
Which two statements are true regarding intercompany accounting for these products? (Choose two.)

A. Intercompany Balancing Rules are defined centrally and applied across Financials and Project Portfolio Management
B. Within Financials Cloud, Intercompany Balancing Rules are used to balance both cross-ledger intercompany transactions and single-ledger Intercompany journals
C. Each product has its own Intercompany Accounting feature that needs to be set up separately
D. They need to license a separate stand-alone Intercompany product that acts as the Intercompany Accounting Hub

Question #5
You need to create a 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.
Identify the two Oracle recommended ways to accomplish this. (Choose two.)

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

Solutions: