Oracle 1z0-1054-20 : Oracle Financials Cloud: General Ledger 2020 Implementation Essentials

What is the duration, language, and format of Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam

• Chapter 1: 60%
• Chapter 2: 45%
• Chapter 3: 33%
• There is a time limit of 85 minutes for the exam.
• Passing score:
• This exam is only offered in English.
• Certification Validity period: 02 years.
• This exam consists of 55 questions.
• The type of questions is Multiple Choice Questions.

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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Oracle 1z0-1054-20 Exam Syllabus Topics:

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

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Topics of Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam

The Oracle 1z0-1054-20 exam tests the abilities and knowledge of the candidates by checking the following objectives:

Enterprise Cloud Structures

• Set up accounting hierarchies
• Explain Essbase
• Configure Ledgers
• Configure Chart of Accounts Security
• Set up the accounting calendar
• Configure the Chart of Accounts
• Configure the legal entity structure and define the relationship to the Chart of Account

Cloud Journal Processing

• Process journal entries
• Configure allocations and periodic entries
• Explain the journal approval set up
• Explain the secondary ledger and reporting currencies
• Configure automated journal processing

Subledger Accounting

• Explain the journal description rules
• Identify supporting references
• Create and process subledger accounting entries
• Create and manage Accounting Rules

Intercompany Processing

-Create the Chart of Accounts and segment level rules for intercompany transactions.

• Process intercompany reconciliations
• Process intercompany transactions and periods
• Set up Intercompany Accounting (system options, transaction types, organizations)
• Describe intercompany balancing

Reporting & Analytics

• Explain OTBI and GL Subject Areas
• Explain how to design and use various reporting tools
• Describe the General Accounting Dashboard and Work Areas
• Analyze budgets versus actuals
• Set up the Financials Reporting Studio
• Describe Smart View accounting inquiry and analysis

Period Close

• Configure and process revaluations
• Configure and process translations
• Analyze reconciliations
• Close monitor
• Configure and process consolidations
• Explain the Close Process

Budgetary Control and Encumbrance

• Process Encumbrance Journals
• Explain how to analyze and monitor Budget Consumption
• Configure and Process Budgets
• Configure Encumbrance Accounting

Difficulty in Writing of Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam

Oracle Accredited Professional, Oracle 1z0-1054-20: Oracle Financials Cloud: Major General Ledger 2020 Deployment Administrator qualification is not the hardest Oracle certification exam, but it is likely to fail without training. It is also strongly advised that candidates plan well by taking 1z0-1054-20 practice exams. Any remaining unanswered queries are viewed as wrong, so after reviewing 1z0-1054-20 exam dumps you can address all questions. Oracle Certification has certain examination policies that help applicants understand the process and conditions. Candidates for the 1Z0-1054-20 Oracle examination must therefore pass the examination policies and obtain details. Certificate credentials for Oracle Cloud will be valid for just 18 months after passing the examination. At the end of 18 months, this certificate is inactive. For Oracle applicants, active certification is required to have access to different certification advantages such as the use of Oracle certification logos, credentials, scoring reports, digital insignias and certification checks. In addition, the Oracle Cloud Certifications are continually updated year-round with major product and service launches to be kept up to date and published annually with a new title. Therefore, the current iteration of the test must be recertified. The examination registration is permitted on the 14th day after the examination failure. A non-procured online examination can be conducted at any time. You can not take an exam again at any time. In a 12-month cycle, only four attempts will pass an exam. A failing master assignment is required to be submitted within 30 days of receiving the notice of default. You can go to pearsonvue.com/oracle to cancel or reschedule the examination and log in. You have to choose one of the choices on the right side of the page: Return a test or cancel a test. But your complete examination fee is forfeited if you do not appear for a scheduled examination. If you pay the examination fee by means of a voucher, the voucher for future use is not validated.