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1z0-1054-23 Q&A - in .pdf
- Exam Code: 1z0-1054-23
- Exam Name: Oracle Financials Cloud: General Ledger 2023 Implementation Professional
- Updated: Nov 04, 2026
- Q & A: 52 Questions and Answers
- Convenient, easy to study.
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- Updated: Nov 04, 2026
- Q & A: 52 Questions and Answers
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1z0-1054-23 Q&A - Testing Engine
- Exam Code: 1z0-1054-23
- Exam Name: Oracle Financials Cloud: General Ledger 2023 Implementation Professional
- Updated: Nov 04, 2026
- Q & A: 52 Questions and Answers
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Oracle 1z0-1054-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Intercompany Accounting | - Intercompany Processing
|
| Security and Data Access | - Access Management
|
| Budgeting and Allocations | - Financial Planning
|
| Enterprise Structure and General Ledger Setup | - Enterprise Configuration
|
| Journal Processing | - Journal Management
|
| Period Close and Financial Reporting | - Close and Reporting Activities
|
| Ledger Configuration | - Ledger Management
|
Oracle Financials Cloud: General Ledger 2023 Implementation Professional Sample Questions:
Question #1
You already ran Translation, but a last-minute adjusting journal entry in your ledger currency was entered and posted after you consolidated your results.
What is Oracle's recommended practice when this occurs?
- A. Rerun Translation and then reconsolidate your results.
- B. Translate only the adjusting journal entry.
- C. Rerun Revaluation and then rerun Translation.
- D. Enter another adjusting journal entry in the target currency to true up the balances.
Correct Answer: A 🗳️
Explanation: Only visible for PracticeDump members. You can sign-up / login (it's free).
Question #2
After completing a business requirement mapping session, it has been decided that only single Currency Journals will be entered for this Company.
To achieve this requirement, on which two objects should you enable "Limit a Journal to a Single Currency"?
(Choose two.)
- A. Ledger options
- B. Journal category
- C. Journal lookup codes
- D. Profile option
- E. Journal sources
Correct Answer: A,E 🗳️
Explanation: Only visible for PracticeDump members. You can sign-up / login (it's free).
Question #3
Which two are valid Data Access Set types? (Choose two.)
- A. Full access
- B. Primary Balancing Segment Value
- C. Full Ledger
- D. Read and Write access
- E. Read Only access
Correct Answer: A,E 🗳️
Explanation: Only visible for PracticeDump members. You can sign-up / login (it's free).
Question #4
You want your sales representatives to be able to find points of interest, such as customers, while out on business. What should you enable to achieve this?
- A. HZ_GEO_IDENTIFIER_SUBTYPE Lookup
- B. Address Cleansing
- C. Validation
- D. Geocoding
Correct Answer: D 🗳️
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Question #5
You need to set up a calendar for the year Apr-XX to Mar-YY where YY is the following year, and you would like the periods to be named according to the year they fall in.
What format should you choose?
- A. Year
- B. Calendar Year
- C. Period
- D. Fiscal Year
Correct Answer: D 🗳️
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