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Oracle 1z0-1054-23 Exam Syllabus Topics:

Section	Objectives
Topic 1: Period Close Process	- Close Activities 1. Close monitoring and reporting 2. Reconciliation and adjustments
Topic 2: Subledger Accounting	- Accounting Rules 1. Journal line rules and account derivation - Subledger to GL Integration 1. Transfer to General Ledger
Topic 3: Reporting and Analysis	- Financial Reporting 1. Smart View reporting 2. Financial statements generation
Topic 4: General Ledger Setup	- Accounting Configuration 1. Accounting calendars and periods 2. Ledger options configuration - Enterprise Structure Configuration 1. Chart of Accounts structure design 2. Legal entities and ledgers setup
Topic 5: Journal Processing	- Journal Creation and Posting 1. Manual and recurring journals 2. Journal approval workflow - Journal Import and Integration 1. Spreadsheet upload and external sources

Oracle Financials Cloud: General Ledger 2023 Implementation Professional Sample Questions:

Question #1

You are capturing rental costs for a building in a corporate cost center. At month end, you want to allocate those costs to the cost centers in the building based on the floor area occupied. A statistical journal has been entered to record the floor area. You use Calculation Manager to create the allocation.
Where do you reference the statistical balance within the allocation component?

A. Allocation Range
B. Offset
C. Target
D. Basis
E. Source

Answer: E