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Oracle 1z0-1054-25 Exam Syllabus Topics:

Topic
Details

Topic 1

Performing Period Close: Designed for Oracle Financial Application Managers, this section evaluates expertise in executing and managing the period close lifecycle. Topics include reconciliations, revaluation, translation, and consolidation. Candidates are required to configure the Period Close Monitor and associated setups like revaluation, allocations, and chart mappings for financial consolidation.

Topic 2

Processing Intercompany: This domain assesses the skills of Finance Integration Specialists in configuring and managing intercompany transactions. Candidates must understand balancing rules, clearing configurations, and transaction processing, as well as how to maintain intercompany reconciliations in multi-entity structures.

Topic 3

Configuring Financial Reports: This portion of the exam measures the abilities of Financial Reporting Analysts and includes creating and managing a range of reports using tools like the Financial Reporting Center, Web Studio, OTBI, Smart View, and Dashboards. Candidates must know how to define account groups, set up infolets, and build custom analytics tailored to user needs.

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Oracle Financials Cloud: General Ledger 2025 Implementation Professional Sample Questions (Q34-Q39):

NEW QUESTION # 34
In which two ways can your users personalize the Springboards and Work Areas to suit their individual working styles? (Choose two.)

A. They can have the System Administrator configuring pages for them using Page Composer
B. They can use "+" under the Apps section of the News Feed homepage
C. Users have very little control configuring their Springboards and Work Areas; they can only resize columns
D. They can format certain tables by hiding and showing columns, moving columns, and resizing columns

Answer: B,D

Explanation:
According to Oracle documentation2, your users can personalize the Springboards and Work Areas to suit their individual working styles in these two ways: They can format certain tables by hiding and showing columns, moving columns, and resizing columns, and they can use "+" under the Apps section of the News Feed homepage. Springboards and Work Areas are user interface components that enable users to access tasks and information relevant to their roles. Users can customize these components by adding or removing tiles, changing layouts, filtering data, and formatting tables. Therefore, options A and D are correct. Option B is incorrect because users have more control over configuring their Springboards and Work Areas than just resizing columns. Option C is incorrect because users do not need to have the System Administrator configuring pages for them using Page Composer.

NEW QUESTION # 35
Which two statements areTRUEregarding theBalances CubesinGeneral Ledger?

A. They are updated automatically when the General Ledger period is opened.
B. New dimensions can be added to a General Ledger Balances Cube.
C. They are updated automatically when the Translation process is run.
D. They are updated automatically when the Revaluation process is run.
E. A new Balances Cube is created for a unique combination of Ledger and Currency.

Answer: A,C

NEW QUESTION # 36
Which two statements are true about balances cubes in General Ledger?

A. New dimensions can be added to a General Ledger balances cube.
B. They are updated automatically when the Translation process is run.
C. A new balances cube is created for a unique combination of ledger and currency.
D. They are updated automatically when the General Ledger period is opened.
E. They are updated automatically when the Revaluation process is run.

Answer: A,C

Explanation:
Balances cubes are multidimensional databases that store financial balances for interactive reporting and analysis. A balances cube is created for each unique combination of ledger and currency, and it contains dimensions such as chart of accounts segments, periods, scenarios, and other user-defined attributes. New dimensions can be added to a balances cube by using the Manage Balances Cube Dimensions task in General Ledger. Balances cubes are updated automatically when journals are posted in General Ledger, and they can also be refreshed manually by using the Refresh Balances Cube task. Balances cubes are not affected by the Translation or Revaluation processes, as these processes only update the balances tables in General Ledger. References:
* Overview of Oracle General Ledger Balances Cubes1
* Considerations for General Ledger Balances Cubes2
* Overview of Oracle Essbase Balances Cubes3

NEW QUESTION # 37
You need to have invoices generated for certain intercompany transactions.
Where do you enable invoicing?

A. Manage Intercompany Organizations
B. Manage Intercompany System Options
C. Manage Intercompany Receivables Assignment
D. Manage Intercompany Transaction Types

Answer: D

NEW QUESTION # 38
You are using account hierarchies for reporting and allocations.
Which two statements are true about these types of hierarchies? (Choose two.)

A. You can have only one version of a hierarchy published to the Essbase cube at any time.
B. Child values in these hierarchies can belong to only one parent.
C. Hierarchies for reporting and allocations have to be published to Essbase cubes.
D. Hierarchies for reporting and allocations do not have to be published to Essbase cubes.

Answer: A,B

Explanation:
According to the Oracle documentation34, account hierarchies are defined in Oracle Fusion applications using tree functionality. Each account hierarchy is defined as a tree with one or more versions. You can have only one version of a hierarchy published to the Essbase cube at any time (option A). Child values in these hierarchies can belong to only one parent (option D). Option B is incorrect becausehierarchies for reporting and allocations must be published to Essbase cubes5. Option C is incorrect because it contradicts option B.

NEW QUESTION # 39
......

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