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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 2: 45%
- Certification Validity period: 02 years.
- Passing score:
- Chapter 3: 33%
- There is a time limit of 85 minutes for the exam.
- This exam is only offered in English.
- Chapter 1: 60%
- The type of questions is Multiple Choice Questions.
- This exam consists of 55 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.
One year free renewal
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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
- Configure the legal entity structure and define the relationship to the Chart of Account
- Explain Essbase
- Configure Chart of Accounts Security
- Configure the Chart of Accounts
- Configure Ledgers
- Set up the accounting calendar
Cloud Journal Processing
- Explain the journal approval set up
- Process journal entries
- Explain the secondary ledger and reporting currencies
- Configure allocations and periodic entries
- Configure automated journal processing
Subledger Accounting
- Explain the journal description rules
- Create and process subledger accounting entries
- Create and manage Accounting Rules
- Identify supporting references
Intercompany Processing
-Create the Chart of Accounts and segment level rules for intercompany transactions.
- Process intercompany reconciliations
- Set up Intercompany Accounting (system options, transaction types, organizations)
- Describe intercompany balancing
- Process intercompany transactions and periods
Reporting & Analytics
- Describe Smart View accounting inquiry and analysis
- Explain how to design and use various reporting tools
- Describe the General Accounting Dashboard and Work Areas
- Set up the Financials Reporting Studio
- Explain OTBI and GL Subject Areas
- Analyze budgets versus actuals
Period Close
- Explain the Close Process
- Close monitor
- Configure and process consolidations
- Analyze reconciliations
- Configure and process translations
- Configure and process revaluations
Budgetary Control and Encumbrance
- Process Encumbrance Journals
- Configure and Process Budgets
- Explain how to analyze and monitor Budget Consumption
- Configure Encumbrance Accounting
Oracle 1z0-1054-20日本語 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Reporting and Analytics | 10% | - Explore OTBI and General Ledger subject areas - Use Financial Reporting Studio - Leverage Smart View and General Accounting Dashboard |
| Topic 2: Journal Processing | 20% | - Manage journal descriptions and supporting references - Define allocations and periodic entries - Set up journal approval rules - Process manual and automated journal entries |
| Topic 3: Period Close and Consolidation | 15% | - Perform period close process - Configure and run revaluation and translation - Execute consolidations and reconciliations |
| Topic 4: Subledger and Intercompany Accounting | 20% | - Process intercompany transactions and reconciliations - Configure intercompany setup and balancing rules - Create and manage subledger accounting rules |
| Topic 5: Budgetary Control and Encumbrance | 10% | - Configure and process encumbrance journals - Set up budgetary control - Monitor budget consumption |
| Topic 6: Enterprise and Ledger Configuration | 25% | - Configure legal entity structure - Design and configure Chart of Accounts - Define primary, secondary ledgers and reporting currencies - Configure Chart of Accounts security - Set up accounting calendars and currencies |
