Oracle 1z0-1054-22 Actual Free Exam Questions & Community Discussion

  • Exam Code/Number: 1z0-1054-22
  • Exam Name/Title: Oracle Financials Cloud: General Ledger 2022 Implementation Professional
  • Certification Provider: Oracle
  • Corresponding Certification: Oracle Financials Cloud
  • Exam Questions: 133
  • Updated On: Jun 08, 2026
You need to create a month-end reporting package for an upcoming Audit Committee meeting, you have 10 financial reports that you want to share with executives and auditors that are nicely formatted.
Identify the two Oracle recommended ways to accomplish this. (Choose two.)
Correct Answer: B,D Vote an answer
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You entered the following information in the Companies and Legal Entities tab of the Rapid Implementation Spreadsheet:

Assuming currency is left blank in the Ledger worksheet, how many Ledgers will the process create?
Correct Answer: D Vote an answer
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Your client has been using Budgetary Control for six months. Now, they want to use the Spend Authorization.
After opting in the new feature Spend Authorization with Budgetary Control, what additional three actions need to be accomplished to activate this feature? (Choose three.)
Correct Answer: A,B,C Vote an answer
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Most of the accounting entries for transactions form your source system use TRANSACTION_AMOUNT as a source of the entered amount accounting attribute. For some events, you need to use TAX_AMOUNT as the source.
At what level can you override the default accounting attribute assignment?
Correct Answer: B Vote an answer
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You want to process multiple allocations at the same time. What feature do you use?
Correct Answer: B Vote an answer
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After completing a business requirement mapping session, it has been decided that only single Currency Journals will be entered for this Company.
To achieve this requirement, on which two objects should you enable "Limit a Journal to a Single Currency"? (Choose two.)
Correct Answer: C,D Vote an answer
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