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Oracle 1Z0-1054-21 certification exam comprises 60 multiple-choice questions, and test-takers are given two hours to complete the exam. 1Z0-1054-21 exam covers topics such as understanding financial concepts, setting up the chart of accounts, configuring ledgers, journals, and allocations, and creating financial reports. Candidates who pass 1Z0-1054-21 exam will receive the Oracle Financials Cloud: General Ledger 2021 Certified Implementation Specialist certification, which is globally recognized in the industry and can help to boost their career prospects.
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Candidates who pass the Oracle 1Z0-1054-21 exam can demonstrate their proficiency in implementing the Oracle Financials Cloud: General Ledger 2021 solution. Oracle Financials Cloud: General Ledger 2021 Implementation Essentials certification is ideal for professionals seeking to enhance their career prospects in the field of finance and accounting. It is also suitable for consultants and implementation specialists who work with Oracle Financials Cloud: General Ledger 2021, as well as for IT professionals who want to validate their skills in implementing and managing financial systems.
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The Oracle 1Z0-1054-21 exam consists of 60 multiple-choice questions and has a time limit of 105 minutes. To pass the exam, candidates must score at least 66%. 1Z0-1054-21 exam is administered through Pearson VUE, and candidates can register for the exam through the Oracle website.
Oracle Financials Cloud: General Ledger 2021 Implementation Essentials exam is intended for IT professionals who have experience in implementing Oracle Financials Cloud: General Ledger 2021 solution. The professionals who take 1Z0-1054-21 exam should have a good understanding of the Oracle Financials Cloud: General Ledger 2021 solution and its features. They should also have experience in implementing other Oracle Cloud solutions. The professionals who pass 1Z0-1054-21 exam will be able to demonstrate their expertise in implementing the Oracle Financials Cloud: General Ledger 2021 solution.
Oracle 1Z0-1054-21 Exam Syllabus Topics:
| Section | Objectives |
| Topic 1: Period Close | - Manage Accounting Periods
- Perform Period Close Activities
- Close Monitoring and Reporting
|
| Topic 2: Financial Reporting | - Account Groups and Reports
- Smart View Reporting
- Financial Statement Generation
- Financial Reporting Studio
|
| Topic 3: Configuring Ledgers | - Configure Reporting Currencies
- Define Ledger Options
- Manage Ledger Sets
- Configure Secondary Ledgers
|
| Topic 4: Configuring Enterprise and Financial Reporting Structures | - Manage Legal Authorities and Legal Entities
- Manage Ledgers
- Manage Legal Jurisdictions
- Manage Chart of Accounts
- Manage Geographies
- Manage Accounting Calendars
- Manage Account Hierarchies
|
| Topic 5: Journal Processing | - Configure Journal Approval
- Journal Import and Posting
- Allocation Rules
- Recurring Journals
- Create and Manage Journals
|
| Topic 6: Budgetary Control and Encumbrance Accounting | - Configure Budgetary Control
- Encumbrance Accounting
- Funds Check Processing
- Control Budgets
|
| Topic 7: Intercompany Processing | - Process Intercompany Transactions
- Intercompany Reconciliation
- Configure Intercompany Balancing Rules
|