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 1z0-1054-25 Dumps with Practice Exam Questions Answers

Questions: 123 Questions and Answers With Step-by-Step Explanation

Last Update: Oct 26, 2025

1z0-1054-25 Question Includes: Single Choice Questions: 66, Multiple Choice Questions: 54, Simulation: 3,

1z0-1054-25 Questions and Answers

Question # 1

Challenge 2

Manage Shorthand Aliases

Scenario

Your client intends to utilize the Shorthand Alias feature and would like to see how the aliases will appear when entering transactions.

Task 2

Create a shorthand alias for the US Chart of Accounts to record Revenue Domestic for Supremo Fitness, Line of Business 2, and US Operations Cost Center.

Note:

. Prefix your alias name with 07, where 07 is

your exam ID.

. There is no Product or Intercompany

impact.

Question # 2

Task 3

Manage Chart of Accounts Mappings

Scenario

Your client needs to consolidate their UK Ledger to the Canadian parent ledger. Each Chart of Accounts

has the following segments:

Company-LoB-Account-Cost Center-Product-Intercompany

Know that the Company, LoB, Product, and Intercompany segments share the same value sets.

Create a Chart of Accounts mappings to map UK Chart of Accounts to CA Chart of Accounts that meets the following specifications:

Cost Center Mapping

. Balance Sheet (0 and 000) should be mapped to

Balance Sheet

. All other cost centers should be mapped to 610

Account Mapping

. Asset accounts (in the 1000 range) should be

mapped to account 11101

. Liability accounts (in the 2000 range) should be

mapped to account 22100

. Equity accounts (in the 3000 range) should be

mapped to account 34000

. Revenue accounts (in the 4000 range) should be

mapped to account 42000

. Expense accounts (from 5000 onwards) should be

mapped to account 51100

Note:

· Do not use conditions based on parents.

. Treat any account after the 5000 range as an expense.

· Ensure all maps are numeric only.

· When creating your mapping rules for each segment

please allow for existing and future segment values

Question # 3

Manage Chart of Accounts Structure and Instance

Scenario

Your client is implementing Oracle Fusion Cloud Financials. The decision is to have a 5-segment Chart of Accounts: Company, Cost Center, Account, Product, and Intercompany. You are working in

the General Ledger team and will be responsible for creating the Chart of Accounts Structure and Instance for the Chart of Accounts.

Task 1

Create a Chart of Accounts Structure and Instance for the following Chart of Accounts:

Note:

· Prefix all your setups with 07, where 07 is your candidate ID

· There is one balancing segment.

· Choose the appropriate segment labels.

. For the purpose of this test there is no need to deploy the flexfield.

. Valid code combinations should be added to the Code Combination table automatically.

· Shorthand aliases will not be implemented.

. Accept the defaults for the instance segments.

Question # 4

Which three are considered legal jurisdictions?

A.

Single Country

B.

Group of Countries

C.

Post Code

D.

Identifying Zone

E.

State

Question # 5

After user acceptance testing of the new Oracle Fusion Cloud system, the company's accountants report that they want to be notified of anomalies in certain account balances in real time. The anomalies should include an increase or decrease that is above or below a percentage amount threshold.

What is the best way to meet this requirement?

A.

Use Account Inspector.

B.

Perform an account analysis online.

C.

Create an Account Group using Account Monitor.

D.

Open a Smart View file saved on your desktop.

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Oracle 1z0-1054-25 Practice Exam FAQs

1. What is the Oracle 1Z0-1054-25 Exam all about?


The Oracle 1Z0-1054-25 exam, officially titled Oracle Fusion Cloud Financials: General Ledger 2025 Implementation Professional, validates your expertise in implementing Oracle Cloud General Ledger solutions.

2. What are the main topics covered in the Oracle 1Z0-1054-25 Exam?


The 1z0-1054-25 exam covers the following key areas:

  • Implementing Enterprise and Financial Reporting Structures

  • Configuring Financial Reporting Structures

  • Implementing Ledgers

  • Managing Journals

  • Processing Intercompany Transactions

  • Executing Period Close Activities

  • Managing Reconciliations, Revaluation, and Consolidation

3. Who should take the Oracle 1Z0-1054-25 Certification Exam?


The Oracle 1z0-1054-25 exam is designed for professionals such as Oracle Cloud consultants, financial system implementers, and ERP administrators. If you’re involved in deploying or managing Oracle Fusion Cloud General Ledger modules, this certification is a strategic step forward.

4. What is the format and duration of the 1Z0-1054-25 Exam?


The Oracle 1z0-1054-25 exam consists of two sections: hands-on performance-based challenges and multiple-choice questions. You must pass both sections to earn the certification. The total duration is 90 minutes.

5. Are there any prerequisites for taking the Oracle 1Z0-1054-25 Exam?


No formal prerequisites are required. However, Oracle recommends hands-on experience with Oracle Cloud Financials and completion of relevant training courses for optimal success.

6. What is the difference between Oracle 1z0-1054-25 and 1z0-1055-25 Exams?


Oracle 1Z0-1054-25 focuses on General Ledger setup and financial reporting, while Oracle 1Z0-1055-25 covers Payables and Expenses like supplier invoices, payments, and expense management. Both are part of Oracle Fusion Cloud Financials but certify different functional areas.

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