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

  • Exam Code: 1z0-1054-20
  • Exam Name: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials
  • Updated: Jul 21, 2026
  • Q & A: 103 Questions and Answers

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Introduction

Oracle is a global American information technology corporation located in California. Oracle is a multinational organisation that designs enterprise software systems. Oracle sells numerous cloud-based software and frameworks, as well as hardware and resources to help businesses grow their operations. The emphasis of Oracle's applications is data processing, market intelligence, IT operational management, corporate resource planning, protection, and new technologies. Oracle is well known for its hardware and cloud applications. Oracle Cloud, DBMS, is one of the most common corporate databases in the world.

Oracle also designs and develops methods and software for middle-tier application management frameworks, Human Capital Management (HCM), Customer Relationship Management (CRM), Enterprise Resource Planning Systems (ERP) and Supply Chain Management systems (SCM). Oracle Database is a multi-model database management framework generally known as the Oracle Database Management System (DBMS). It is a commonly used database for executing applications for data storage and transaction processing. Oracle Database is open to a variety of service providers on server, premises or mixed cloud installation.

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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

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

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:

TopicDetails
Topic 1
  • Process Encumbrance Journals
  • Analyze reconciliations
  • Intercompany Processing
Topic 2
  • Configure Encumbrance Accounting
  • Configure automated journal processing
Topic 3
  • Explain how to analyze and monitor Budget Consumption
  • Process intercompany reconciliations
Topic 4
  • Identify supporting references
  • Set up Intercompany Accounting
Topic 5
  • Configure and Process Budgets
  • Design the Chart of Accounts and segment level rules for intercompany
Topic 6
  • Explain the journal description rules
  • Describe intercompany balancing
Topic 7
  • Describe Smart View accounting inquiry and analysis
  • Explain the journal approval set up
Topic 8
  • Configure Chart of Accounts Security
  • Configure and process revaluations
  • Configure and process translations
Topic 9
  • Configure the legal entity structure and define the relationship to the Chart of Account
  • Explain the Close Process
Topic 10
  • Describe the General Accounting Dashboard and Work Areas
  • Process journal entries

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

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