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Exam Code: 1z0-1054-25
Exam Name: Oracle Financials Cloud: General Ledger 2025 Implementation Professional
Updated: Sep 21, 2026
Q & A: 122 Questions and Answers
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| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: General Ledger 2025 Implementation Professional |
| Exam Number: | 1Z0-1054-25 |
| Exam Duration: | 90 minutes |
| Available Languages: | English |
| Related Certifications: | Oracle Fusion Cloud Financials |
| Exam Format: | Multiple Choice |
| Sample Questions: | ![]() |
| Exam Way: | Online or Testing Center |
| Official Syllabus URL: | https://education.oracle.com/oracle-financials-cloud-general-ledger-2024-implementation-professional-delta/pexam_1D0-1054-25-D |
| Section | Objectives |
|---|---|
| Topic 1: Enterprise and Financial Reporting Structures | - Enterprise Structure Configuration
|
| Topic 2: Intercompany and Period Close | - Financial Close Activities
|
| Topic 3: Financial Reporting and Security | - Reporting and Access Control
|
| Topic 4: Ledger and Accounting Configuration | - Ledger Management
|
| Topic 5: Journal Processing | - Journal Management
|
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Budgetary control for accounts 5020 and 5021 has a budget of $90,000 USD each for the year 2012. The accounts also have balances on obligation of $10,000 USD for each and an expenditure of $20,000 USD for each.
A Fund of $50,000 USD is available for account 5020 only. You have run the Encumbrance Year End Carry Forward process for obligation from the last period of the year 2012 to the first period of year 2013.
Which statement is true?
Correct Answer: C 🗳️
You are setting up Close Monitor and want to view high-level profit and loss results for each ledger.
What should you associate with the ledger set to achieve this?
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Your Oracle Fusion Cloud client needs to store balances such as floor space, number of employees, quantities purchased for use in journal allocations, and financial reporting.
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