1z0-1054-24 Q&A - in .pdf

  • 1z0-1054-24 pdf
  • Exam Code: 1z0-1054-24
  • Exam Name: Oracle Financials Cloud: General Ledger 2024 Implementation Professional
  • Updated: Sep 21, 2026
  • Q & A: 87 Questions and Answers
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  • Updated: Sep 21, 2026
  • Q & A: 87 Questions and Answers
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  • Exam Code: 1z0-1054-24
  • Exam Name: Oracle Financials Cloud: General Ledger 2024 Implementation Professional
  • Updated: Sep 21, 2026
  • Q & A: 87 Questions and Answers
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Oracle 1z0-1054-24 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Financials Cloud: General Ledger 2024 Implementation Professional
Exam Number:1Z0-1054-24
Related Certifications:Oracle Financials Cloud Implementation
Oracle ERP Cloud Financials Certification Track
Passing Score:75%
Certificate Validity Period:Oracle Certification typically does not expire for this track (unless specified by Oracle policy updates)
Exam Price:USD 245 (varies by country/region)
Real Exam Qty:Approximately 55
Exam Duration:90 minutes
Available Languages:English
Exam Format:Multiple Response, Multiple Choice
Recommended Training:Oracle Financials Cloud Training
Exam Registration:Oracle Certification Registration
Sample Questions:1z0-1054-24 Practice Dumps
Exam Way:Online proctored or test center (Oracle authorized testing provider)
Pre Condition:Recommended: Oracle Financials Cloud Foundations or equivalent ERP experience
Official Syllabus URL:https://education.oracle.com/

Oracle 1z0-1054-24 Exam Syllabus Topics:

SectionObjectives
Financial Reporting and Analysis- Smart View Reporting
  • 1. Financial Statement Creation
    • 2. Ad Hoc Analysis
      General Ledger Setup and Configuration- Ledger and Accounting Calendar
      • 1. Ledger Configuration
        • 2. Accounting Periods Setup
          Configuring Enterprise and Financial Reporting Structures- Financial Reporting Configuration
          • 1. Reporting Trees and Essbase Publishing
            • 2. Account Hierarchies
              - Enterprise Structures Setup
              • 1. Ledger Configuration
                • 2. Legal Entities and Business Units
                  • 3. Chart of Accounts Design
                    Journal Processing- Journal Entry Creation and Approval
                    • 1. Approval Rules and Workflow
                      • 2. Journal Sources and Categories

                        1z0-1054-24 Exam FAQ: Content, Service, and Privacy

                        Currency is maintained daily, not occasionally. Our IT staff reviews and updates the Oracle Financials Cloud: General Ledger 2024 Implementation Professional question bank every day to keep it aligned with the live 1z0-1054-24 exam. If a revision is underway when you buy or during your update period, we notify you and send the updated version as soon as it is ready — free within your 365 days of updates. You will never be left studying a stale edition without knowing it.

                        The 1z0-1054-24 exam is the official assessment behind the Oracle Financials Cloud: General Ledger 2024 Implementation Professional certification from Oracle, and its pass rate is genuinely low — many candidates need two or three attempts to get through. The difficulty is real, but it is also manageable: candidates who prepare with material aligned to the published objectives give themselves a far better starting position than those who walk in underprepared.

                        Registration for the 1z0-1054-24 exam runs through these official channels:

                        Given how commonly this exam takes more than one attempt, schedule your sitting only when your practice results say you are ready.

                        The official outline divides the 1z0-1054-24 exam into weighted domains, including:

                        • Configuring Enterprise and Financial Reporting Structures ()
                        • Journal Processing ()
                        • Financial Reporting and Analysis ()

                        The Oracle Financials Cloud: General Ledger 2024 Implementation Professional question bank at PracticeDump is updated daily against these same objectives, and the free practice test lets you sample that alignment yourself.

                        Oracle recommends these training resources for candidates:

                        Official training builds the foundation; a daily-reviewed practice bank with expert-verified answers builds the exam-day readiness. Use both.

                        Only while you want us to. Update notifications about the Oracle Financials Cloud: General Ledger 2024 Implementation Professional materials are sent because they are useful; once you have passed the 1z0-1054-24 exam, one email to our team opts you out completely — no junk mail, ever. Your personal information is kept secret and safe throughout, and never shared with third parties.

                        Passing the 1z0-1054-24 exam requires 75%, and registration costs USD 245 (varies by country/region) — per attempt. With retakes so common on this exam, preparing properly for one focused attempt is the choice that protects your budget.

                        The 1z0-1054-24 exam contains Approximately 55 questions with 90 minutes minutes to complete them. Practicing under the same time limit is the reliable way to make exam-day pacing feel familiar rather than frantic.

                        Recommended: Oracle Financials Cloud Foundations or equivalent ERP experience

                        Oracle Financials Cloud: General Ledger 2024 Implementation Professional Sample Questions:

                        Question #1

                        For translation purposes, the Financials reporting team has decided to load the monthly Historical currency rates by using File-Based Data Interface (FBDI).
                        What happens to the existing historical rate for a specific ledger, currency, account combination, and accounting period if they use insert in the spreadsheet?

                        • A. Nothing, existing historical rates are not updated.
                        • B. The historical rate is replaced.
                        • C. Historical rates are converted into an average rate (original and new rate).
                        • D. The existing historical rate is deleted.
                        Reveal Solution  Discussion  0

                        Correct Answer: B  🗳️

                        Explanation: Only visible for PracticeDump members. You can sign-up / login (it's free).

                        Question #2

                        You are setting up Close Monitor and want to view high-level profit and loss results for each ledger.
                        What should you associate with the ledger set to achieve this?

                        • A. Financial Reporting Web Studio report
                        • B. Account group
                        • C. Trial Balance report
                        • D. OTBI report
                        Reveal Solution  Discussion  0

                        Correct Answer: A  🗳️

                        Explanation: Only visible for PracticeDump members. You can sign-up / login (it's free).

                        Question #3

                        You attempt to activate a tree version, but the audit process fails. In which two ways can you resolve this?

                        • A. Run the Publish Chart of Accounts Dimension Members and Hierarchies program.
                        • B. Ensure that parent values have the summary attributes set correctly.
                        • C. Run the Chart of Accounts Deployment process.
                        • D. Ensure that you do not assign children to child values.
                        • E. Make sure all users sign out of the calculation manager.
                        Reveal Solution  Discussion  0

                        Correct Answer: B,D  🗳️

                        Question #4

                        The Cloud Client wants to add a global branding logo and more predefined transactional attributes to the journal approval email notification.
                        Which two Business Intelligence catalog objects should you copy (or customize) and edit? (Choose two.)

                        • A. The Data Model
                        • B. The Data Source
                        • C. The layout-Template
                        • D. Output type
                        • E. The Sub_Template
                        Reveal Solution  Discussion  0

                        Correct Answer: A,C  🗳️

                        Explanation: Only visible for PracticeDump members. You can sign-up / login (it's free).

                        Question #5

                        You are trying to run a Financial Reporting Web Studio report from Financial Reporting Center. However, it is not appearing as a choice.
                        Which are two reasons for this? (Choose two.)

                        • A. You have not uploaded it to Financial Reporting Center.
                        • B. You have not saved it in the MyFolders directory.
                        • C. You have not saved it in the Shared Folder/Custom/Financials directory.
                        • D. You have not downloaded the report to your local drive.
                        Reveal Solution  Discussion  0

                        Correct Answer: A,B  🗳️

                        Explanation: Only visible for PracticeDump members. You can sign-up / login (it's free).

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