Oracle 1z0-1054-22 exam dumps : Oracle Financials Cloud: General Ledger 2022 Implementation Professional

  • Exam Code: 1z0-1054-22
  • Exam Name: Oracle Financials Cloud: General Ledger 2022 Implementation Professional
  • Updated: Oct 19, 2026     Q & A: 133 Questions and Answers

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About Oracle 1z0-1054-22 Exam

Repetition builds skill only when the practice is worth repeating. The PracticeTorrent 1z0-1054-22 materials give you 133 practice questions with verified answers, session history, and review tools that make each round count.

Oracle 1z0-1054-22 Exam Syllabus Topics:

SectionObjectives
General Ledger Cloud Implementation- Configure Enterprise Structures
  • 1. Configure chart of accounts and accounting calendars
  • 2. Define ledgers and legal entities
- Journal Processing and Transactions
  • 1. Create and process journal entries
  • 2. Intercompany transactions and balancing
- Period Close and Allocations
  • 1. Manage period close processes
  • 2. Allocations and periodic entries
- Budgets and Financial Controls
  • 1. Budgetary control and encumbrance accounting
  • 2. Budget account monitoring and analysis
- Security and Access Control
  • 1. Manage General Ledger security and segment value security
  • 2. Data access sets and user roles
- Financial Reporting and Analysis
  • 1. Smart View and OTBI reporting inquiries
  • 2. Financial Reporting Center tools

1z0-1054-22 Exam FAQ: Crafted Carefully, Delivered Fast

The 1z0-1054-22 exam is a Oracle certification exam validating the Oracle Financials Cloud: General Ledger 2022 Implementation Professional syllabus shown above. It belongs to these credential paths: Oracle Financials Cloud: Payables 2022 Implementation Professional (1Z0-1055-22), Oracle Financials Cloud: Receivables 2022 Implementation Professional (1Z0-1056-22). Candidates in 2026 start with PracticeTorrent's 133 practice questions, available as a printable PDF, a Windows Desktop Test Engine, and an Online Test Engine — three versions of the same materials.

The official Oracle Financials Cloud: General Ledger 2022 Implementation Professional outline defines 1 domains. The leading three are General Ledger Cloud Implementation. The full list is in the topics section above, and PracticeTorrent's 133 practice questions cover each one.

None (no formal prerequisites, though recommended experience with Oracle Financials Cloud) Since requirements change over time, confirm the latest on the official Oracle exam page before scheduling.

Three versions of the same study materials: a printable, expert-prepared PDF with free demo download and instant access; a Desktop Test Engine for Windows with customizable simulation and timed modes that works offline; and an Online Test Engine for any browser on Windows, Mac, Android, and iOS with test history and performance review. All 133 practice questions are identical across versions. Every purchase includes 365 days of free updates, a 50% renewal discount afterward, and unlimited computer installations.

The Oracle Financials Cloud: General Ledger 2022 Implementation Professional exam requires 60% to pass, and registration costs USD (varies by location – typical Oracle exam fee). A failed attempt means paying the same fee again — a readiness check with the PracticeTorrent engines before booking is the cheaper option.

Oracle recommends these training resources for the Oracle Financials Cloud: General Ledger 2022 Implementation Professional exam:

    Follow the training with steady self-testing — the 133 practice questions from PracticeTorrent help you apply theory and fill any gaps the training leaves.

    The Oracle Financials Cloud: General Ledger 2022 Implementation Professional exam contains 55 to complete within 90 minutes. Timed simulation in the PracticeTorrent Desktop Test Engine teaches that rhythm before exam day does.

    PracticeTorrent issues a full refund if you take the Oracle Financials Cloud: General Ledger 2022 Implementation Professional exam within 60 days of purchase and do not pass. The policy does not apply if the exam is taken within 3 days of purchase, if the exam was never actually taken, or to free materials or expired orders, and the candidate name must match the payer name. Submit a scan of your enrollment slip and the official Score Report PDF within 2 days of the exam; claims are processed within 7 days. Alternatively, exchange for two free exam products of equal value and keep your original update service. Orders arrive by email within 1 minute — contact support if nothing arrives within 2 hours.

    Online or test center delivery via Oracle exam partners Register for the Oracle Financials Cloud: General Ledger 2022 Implementation Professional exam through these official channels:

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      Oracle Financials Cloud: General Ledger 2022 Implementation Professional Sample Questions:

      Question #1

      You want to monitor the close process of all financial subledgers and ledgers.
      How can you quickly obtain this information?

      • A. Run Closing Status reports
      • B. Access each subledgers' calendar and General Ledger's Manage Accounting Periods page to view the status of each period
      • C. Use the Manage Accounting Periods page to view the status of all subledgers and ledgers
      • D. Use Close Monitor in General Accounting Dashboard
      Reveal Solution  Discussion  0

      Correct Answer: D  🗳️

      Explanation: Only visible for PracticeTorrent members. You can sign-up / login (it's free).

      Question #2

      You have exported data from your budgeting application into a .csv file.
      What should you use to load that data into General Ledger?

      • A. The budget journal spreadsheet
      • B. File Based Data Import
      • C. Enterprise Resource Budget Integrator
      • D. Application Developer Framework Desktop Integrator
      Reveal Solution  Discussion  0

      Correct Answer: D  🗳️

      Explanation: Only visible for PracticeTorrent members. You can sign-up / login (it's free).

      Question #3

      During implementation, a consultant accidentally designated the cost center segment as the natural account. Values have already been assigned and journals have been posted.
      Select the process that allows you to change the qualifier back to cost center qualifier.

      • A. Change and save the segment qualifier.
      • B. Delete the chart of accounts and create a new one.
      • C. Create a new chart of accounts.
      • D. Delete the segment and create a new segment with the correct qualifier.
      Reveal Solution  Discussion  0

      Correct Answer: A  🗳️

      Explanation: Only visible for PracticeTorrent members. You can sign-up / login (it's free).

      Question #4

      You can run predefined reports to reconcile subledger application balances to General Ledger balances.
      Which attribute needs to be set up on the Manage Values page for chart of accounts segment values so that you can run the Payables to General Ledger Reconciliation Report or Receivables to General Ledger Reconciliation Report?

      • A. End Date
      • B. Start Date
      • C. Financial Category
      • D. Third Party Control Account
      • E. Reconcile
      Reveal Solution  Discussion  0

      Correct Answer: D  🗳️

      Explanation: Only visible for PracticeTorrent members. You can sign-up / login (it's free).

      Question #5

      You defined a tree or hierarchy, but you are unable to set its status to Active. What is the reason?

      • A. Accounting Configuration was not submitted
      • B. Two tree versions were not defined
      • C. Chart of accounts was not deployed
      • D. An Audit process needs to be successfully performed before a tree version can be set to Active
      Reveal Solution  Discussion  0

      Correct Answer: D  🗳️

      Explanation: Only visible for PracticeTorrent members. You can sign-up / login (it's free).

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