Try Oracle : 1z0-1054-22 valid & accurate questions and answers
Last Updated: Oct 22, 2026
No. of Questions: 133 Questions & Answers with Testing Engine
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Oracle 1z0-1054-22 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Financial Reporting and Analysis | 15% | - Build Reports with Financial Reporting Web Studio - Use Financial Reporting Center - Analyze Data with OTBI and Smart View |
| Enterprise and Financial Reporting Structures | 20% | - Define Account Hierarchies and Trees - Manage Legal Entities and Jurisdictions - Configure Chart of Accounts and Segments |
| Intercompany Functionality | 15% | - Set Up Intercompany Balancing Rules - Perform Intercompany Reconciliations - Process Intercompany Transactions |
| Ledgers and Accounting Configuration | 20% | - Set Up Accounting Calendars and Currencies - Configure Primary and Secondary Ledgers - Manage Budgetary Control and Encumbrance |
| Period Close and Security | 15% | - Explain GL Balances Cube - Configure Period Close Components - Manage General Ledger Security and Access |
| Journals and Allocations | 15% | - Create and Process Journal Entries - Configure Journal Approval Rules - Define Allocations and Periodic Entries |
1z0-1054-22 Exam FAQ: Try Before You Worry
The official Oracle Financials Cloud: General Ledger 2022 Implementation Professional outline defines 6 domains. The leading three are Ledgers and Accounting Configuration (20%), Enterprise and Financial Reporting Structures (20%), and Intercompany Functionality (15%). The full list is in the topics section above, and Exams-boost's 133 practice questions cover each one.
No mandatory prerequisites; hands-on implementation experience recommended Since requirements change over time, confirm the latest on the official Oracle exam page before scheduling.
The Oracle Financials Cloud: General Ledger 2022 Implementation Professional exam contains 55 to complete within 90 minutes. Timed simulation in the Exams-boost Desktop Test Engine teaches that rhythm before exam day does.
Oracle recommends these training resources for the Oracle Financials Cloud: General Ledger 2022 Implementation Professional exam:
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The 1z0-1054-22 exam is a Oracle certification exam validating the Oracle Financials Cloud: General Ledger 2022 Implementation Professional syllabus shown above. It belongs to these credential paths: Oracle Fusion Cloud Financials Implementation Professional. Candidates in 2026 start with Exams-boost's 133 practice questions, available as a printable PDF, a Windows Desktop Test Engine, and an Online Test Engine — three versions of the same materials.
The Oracle Financials Cloud: General Ledger 2022 Implementation Professional exam requires 60% to pass, and registration costs USD 245. A failed attempt means paying the same fee again — a readiness check with the Exams-boost engines before booking is the cheaper option.
Online proctored or onsite testing at Pearson VUE centers Register for the Oracle Financials Cloud: General Ledger 2022 Implementation Professional exam through these official channels:
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Oracle Financials Cloud: General Ledger 2022 Implementation Professional Sample Questions:
The expense account of airfare was erroneously assigned to the account type "Liability". Which method should you choose to fix the problem?
- A. Run the "Update Balance Cube Chart of the Accounting Dimension" program
- B. Run the "Segment Value Inheritance" program
- C. Run the "Correct Misclassified Account" program
- D. Deactivate the value
Correct Answer: C 🗳️
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Your customer uses Financials Cloud, Projects, Inventory, and SCM.
Which two statements are true regarding intercompany accounting for these products? (Choose two.)
- A. Intercompany balancing rules in General Ledger need to be mapped with the intercompany configuration in each product
- B. Each product has its own Intercompany Accounting feature that needs to be configured separately
- C. In Financials Cloud, Intercompany Balancing Rules are used to balance both cross-ledger allocation journals and single-ledger journals
- D. Intercompany Balancing Rules are defined centrally and applied across Financials and Projects
Correct Answer: B,D 🗳️
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You just submitted the Accounting Configuration. What two things must happen before you can enter journals? (Choose two.)
- A. You must define a Data Access Set to obtain full read/write access to ledgers in the Accounting Configuration
- B. A Data Access Set with full read/write access to the ledger is automatically created
- C. You must assign the job role and data security context to each user
- D. You must re-deploy the chart of accounts
Correct Answer: B,C 🗳️
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You are using account hierarchies for reporting and allocations.
Which two statements are true about these types of hierarchies? (Choose two.)
- A. Child values in these hierarchies can belong to only one parent.
- B. Hierarchies for reporting and allocations do not have to be published to Essbase cubes.
- C. Hierarchies for reporting and allocations have to be published to Essbase cubes.
- D. You can have only one version of a hierarchy published to the Essbase cube at any time.
Correct Answer: A,D 🗳️
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You want to process multiple allocations at the same time. What feature do you use?
- A. Point of View (POV)
- B. General Ledger journal entries
- C. RuleSets
- D. Formulas
Correct Answer: C 🗳️
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