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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
- Passing score:
- Chapter 1: 60%
- This exam consists of 55 questions.
- Chapter 2: 45%
- The type of questions is Multiple Choice Questions.
- Chapter 3: 33%
- Certification Validity period: 02 years.
- This exam is only offered in English.
- There is a time limit of 85 minutes for the exam.
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.
Oracle 1z0-1054-20 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Enterprise and Ledger Configuration | 25% | - Configure legal entity structure - Configure Chart of Accounts security - Define primary, secondary ledgers and reporting currencies - Set up accounting calendars and currencies - Design and configure Chart of Accounts |
| Topic 2: Budgetary Control and Encumbrance | 10% | - Set up budgetary control - Configure and process encumbrance journals - Monitor budget consumption |
| Topic 3: Journal Processing | 20% | - Process manual and automated journal entries - Manage journal descriptions and supporting references - Define allocations and periodic entries - Set up journal approval rules |
| Topic 4: Subledger and Intercompany Accounting | 20% | - Process intercompany transactions and reconciliations - Create and manage subledger accounting rules - Configure intercompany setup and balancing rules |
| Topic 5: Reporting and Analytics | 10% | - Use Financial Reporting Studio - Leverage Smart View and General Accounting Dashboard - Explore OTBI and General Ledger subject areas |
| Topic 6: Period Close and Consolidation | 15% | - Perform period close process - Execute consolidations and reconciliations - Configure and run revaluation and translation |
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