How to Prepare for Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam
Preparation Guide for Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Administrator Exam
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
- This exam consists of 55 questions.
- The type of questions is Multiple Choice Questions.
- Certification Validity period: 02 years.
- Chapter 2: 45%
- Chapter 1: 60%
- There is a time limit of 85 minutes for the exam.
- Passing score:
- Chapter 3: 33%
- This exam is only offered in English.
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:
| Section | Objectives |
|---|---|
| General Ledger Cloud Setup | - Chart of Accounts Configuration - Enterprise Structures |
| Period Close and Budgetary Control | - Period Close Processes - Budgetary Control and Encumbrance |
| Subledger Accounting | - Subledger to Ledger Reconciliation |
| Reporting and Analytics | - Financial Reporting Studio and OTBI |
| Journal Processing | - Journal Entries and Processing Rules - Allocation Rules |
| Intercompany Processing | - Intercompany Balancing Rules |






