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What is the duration, language, and format of Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam
- Chapter 3: 33%
- There is a time limit of 85 minutes for the exam.
- Certification Validity period: 02 years.
- This exam consists of 55 questions.
- The type of questions is Multiple Choice Questions.
- Passing score:
- Chapter 2: 45%
- This exam is only offered in English.
- Chapter 1: 60%
Oracle cloud certifications require periodic recertification. To hold your certification inactive condition, you must update to the new edition within 1 year of Oracle's credential withdrawal.
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An Oracle Financials Cloud: a trained development professional from General Ledger 2020, has a clear foundation and experience in the sale or deployment of Oracle Financials Cloud Resources. Themes such as: general configuration, market processes, journal production, sub-processing, inter-company processing, monitoring & dashboards, closing time and budgetary control & encumbrance are included in the qualification test. We suggest up-to-date preparation and field knowledge.
To obtain these certifications, this examination must be passed. Click each title below to see the complete criteria. Cloud infrastructure is always changing. Oracle publishes periodically practice, in accordance with quality updates and requirements for qualification. Before sitting, review the analysis topics to ensure you are prepared for 1z0-1054-20 practice exams. The best preparation for the exam is a combination of Oracle training and hands-on practice of 1z0-1054-20 practice exams.
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Oracle 1z0-1054-20 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Enterprise and Ledger Configuration | 25% | - Configure Chart of Accounts security - Define primary, secondary ledgers and reporting currencies - Set up accounting calendars and currencies - Design and configure Chart of Accounts - Configure legal entity structure |
| Topic 2: Journal Processing | 20% | - Set up journal approval rules - Manage journal descriptions and supporting references - Define allocations and periodic entries - Process manual and automated journal entries |
| Topic 3: Reporting and Analytics | 10% | - Use Financial Reporting Studio - Leverage Smart View and General Accounting Dashboard - Explore OTBI and General Ledger subject areas |
| Topic 4: Period Close and Consolidation | 15% | - Configure and run revaluation and translation - Perform period close process - Execute consolidations and reconciliations |
| Topic 5: Budgetary Control and Encumbrance | 10% | - Monitor budget consumption - Configure and process encumbrance journals - Set up budgetary control |
| Topic 6: Subledger and Intercompany Accounting | 20% | - Configure intercompany setup and balancing rules - Process intercompany transactions and reconciliations - Create and manage subledger accounting rules |
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