Oracle Financials Cloud: General Ledger 2023 Implementation Professional: 1z0-1054-23 Exam
"Oracle Financials Cloud: General Ledger 2023 Implementation Professional", also known as 1z0-1054-23 exam, is a Oracle Certification. With the complete collection of questions and answers, iPassleader has assembled to take you through 52 Q&As to your 1z0-1054-23 Exam preparation. In the 1z0-1054-23 exam resources, you will cover every field and category in Oracle Financials Cloud Certification helping to ready you for your successful Oracle Certification.
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- Updated on: Oct 30, 2026
- No. of Questions: 52 Questions & Answers
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- Updated on: Oct 30, 2026
- No. of Questions: 52 Questions & Answers
Employers trust Oracle certifications precisely because the exams are hard to fake. iPassleader's Oracle Financials Cloud: General Ledger 2023 Implementation Professional practice questions prepare you honestly for the 1z0-1054-23 exam — real skill, real pass, no shortcuts.
Oracle 1z0-1054-23 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: General Ledger 2023 Implementation Professional |
| Exam Number: | 1Z0-1054-23 |
| Real Exam Qty: | 50-52 |
| Exam Format: | Multiple Choice, Hands-on Performance-Based |
| Certificate Validity Period: | Version-specific, subject to Oracle Cloud recertification policy |
| Exam Duration: | 90 minutes |
| Exam Price: | $245 USD |
| Available Languages: | English |
| Passing Score: | 75% |
| Related Certifications: | Oracle Fusion Cloud Financials Implementation Professional |
| Recommended Training: | Oracle Financials Cloud: General Ledger Implementation Training |
| Exam Registration: | Pearson VUE Scheduling Oracle University Exam Registration |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Online proctored via Pearson VUE or in-person at authorized test centers |
| Pre Condition: | No mandatory prerequisites; Oracle recommends hands-on implementation experience with Oracle Financials Cloud General Ledger |
| Official Syllabus URL: | https://education.oracle.com/ouexam-pexam_1z0-1054-23 |
Oracle 1z0-1054-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Intercompany Accounting | 15% | - Configure Intercompany
|
| Topic 2: Ledgers and Accounting Setup | 25% | - Budgetary Control and Encumbrance
|
| Topic 3: Enterprise and Financial Reporting Structures | 20% | - Configure Enterprise Structures
|
| Topic 4: Period Close and Financial Reporting | 20% | - Financial Reporting
|
| Topic 5: Journal Processing and Approval | 20% | - Manage Journals
|
What Oracle 1z0-1054-23 Candidates Ask Us Most
In plain terms, the 1z0-1054-23 exam is Oracle's way of verifying that you deserve the Oracle Financials Cloud: General Ledger 2023 Certified Implementation Professional certification, a credential at the Professional level. It tests the Oracle Financials Cloud: General Ledger 2023 Implementation Professional objectives through applied, scenario-driven questions — the kind that expose the gap between "read about it" and "can do it." It also sits within a broader certification ecosystem that includes Oracle Fusion Cloud Financials Implementation Professional, so the effort compounds across your career. That's why a review system built around realistic questions — practice, error correction, self-improvement — beats textbook re-reading every time.
The Oracle Financials Cloud: General Ledger 2023 Implementation Professional exam blueprint spans 5 domains, led by Ledgers and Accounting Setup (25%), Intercompany Accounting (15%), and Journal Processing and Approval (20%). Treat the weightings as your study budget: domains carrying more of the score deserve more of your week. The full topic list is in the exam topics section above — plan against it, not against guesswork.
The Oracle Financials Cloud: General Ledger 2023 Implementation Professional exam allows 90 minutes for 50-52 questions. Before test day, turn that into a rhythm: minutes divided by questions equals your per-item budget, and any item burning double its budget gets flagged and revisited at the end. Rehearse the rhythm under a real timer — every iPassleader test engine session runs one — and finishing with review time becomes your norm, not your hope.
Passing the Oracle Financials Cloud: General Ledger 2023 Implementation Professional exam takes 75%, and each attempt costs $245 USD — including every retake, at full price. The financially sound strategy is arriving over-prepared: drill with iPassleader practice questions until your timed scores clear the passing mark across several consecutive sessions, then register. You're not being cautious; you're declining to pay for the same exam twice.
Oracle lists the Oracle Financials Cloud: General Ledger 2023 Implementation Professional formats as: Multiple Choice, Hands-on Performance-Based. Formats aren't trivia — they change how you should read. For long scenario stems, locate the actual question sentence first; for multi-answer items, verify every option you select. iPassleader's 52 practice questions cover these formats so thoroughly that on exam day, only the content is new.
You can take the 1z0-1054-23 exam in English. Choose the language where your comprehension is fastest under time pressure — in a timed exam, slow reading is a hidden tax on every question. Testing in English? Daily work with iPassleader's English 1z0-1054-23 practice questions doubles as targeted vocabulary training.
The certification earned via the Oracle Financials Cloud: General Ledger 2023 Implementation Professional exam stays valid for Version-specific, subject to Oracle Cloud recertification policy. Mark the expiry date early and research the recertification path before it looms — a planned renewal is an errand, an expired credential is a project. Since Oracle sets and updates these policies, confirm the current requirements on the official certification page when your window approaches.
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Most candidates end up combining formats — PDF for reading, an engine for timed rehearsal.
Yes. iPassleader's free Oracle Financials Cloud: General Ledger 2023 Implementation Professional PDF demo contains real sample questions with verified answers, so you can evaluate the quality before paying. Every purchase includes 365 days of free updates, and renewing after that costs 50% of the regular price from your member zone. Test-drive first — confident material has nothing to hide.
Continuously. As Oracle adjusts the Oracle Financials Cloud: General Ledger 2023 Implementation Professional exam, our experts revise the bank to match — and customer feedback feeds the same review loop, so your suggestions can shape future versions. Updates are free for 365 days via your member zone; track them through the New Releases section or the iPassleader newsletter, and re-check 3-4 days before your exam. Expired products repurchase at 50% off to restart the service.
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Stop wrestling the textbook and start training for the exam: download the free 1z0-1054-23 demo, and let iPassleader's 52 practice questions turn your Oracle Financials Cloud: General Ledger 2023 Implementation Professional preparation into a system that works.
Oracle Financials Cloud: General Ledger 2023 Implementation Professional Sample Questions:
Which two statements are true regarding the Intercompany Reconciliation Report? (Choose two.)
- A. The report can be run using an additional currency and conversion rate that converts all amounts into a common currency for comparison.
- B. The report displays the intercompany receivables and intercompany payables balances in summary for a period.
- C. You can only drill down to the general ledger journal and then from there to the subledger journal entry.
- D. The report includes Ledger balancing lines generated when the primary balancing segment value (BSV) is in balance, but either the second or third BSVs are not.
- E. The report displays all clearing company balancing lines for a period.
Correct Answer: A,D 🗳️
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You are planning to create an Income Statement using Smart View.
Which Smart View tool should you use for this?
- A. Smart Queries
- B. Ad Hoc Analysis
- C. Query Designer
- D. Smart Slices
Correct Answer: B 🗳️
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In which two ways can your users personalize the Springboards and Work Areas to suit their individual working styles? (Choose two.)
- A. They can format certain tables by hiding and showing columns, moving columns, and resizing columns
- B. They can have the System Administrator configuring pages for them using Page Composer
- C. They can use "+" under the Apps section of the News Feed homepage
- D. Users have very little control configuring their Springboards and Work Areas; they can only resize columns
Correct Answer: A,C 🗳️
Explanation: Only visible for iPassleader members. You can sign-up / login (it's free).
Which two allow access to the BI Catalog for creating an Oracle Transactional Business Intelligence analysis?
(Choose two.)
- A. Universal Content Management Workspace
- B. Scheduled Processes
- C. Business Process Management Workspace
- D. Reports and Analytics
- E. Enterprise Performance Management Workspace
Correct Answer: D,E 🗳️
Explanation: Only visible for iPassleader members. You can sign-up / login (it's free).
An Oracle Fusion Cloud customer has a complex enterprise structure that includes multiple legal entities in multiple countries. To match the intercompany balancing requirements, all four levels of rules have been defined. In user testing, the business experts are asking which rule will be considered first when balancing an intercompany journal?
- A. Chart of accounts rule
- B. Ledger-level rule
- C. Primary balancing segment rule
- D. Legal entity-level rule
Correct Answer: C 🗳️
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