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Professional IT staff update the exam simulator engine every day — everything we sell is latest and valid. The Oracle Financials Cloud: General Ledger 2025 Implementation Professional dumps at TestKingsIT: 122 practice questions for the 1z0-1054-25 exam in 2026.

Oracle 1z0-1054-25 Exam Syllabus Topics:

SectionObjectives
Topic 1: Ledger and Accounting Configuration- Ledger Management
  • 1. Accounting Calendar
  • 2. Currency Configuration
  • 3. Primary and Secondary Ledgers
Topic 2: Journal Processing- Journal Management
  • 1. Journal Entry Processing
  • 2. Journal Import
  • 3. Journal Approval
Topic 3: Intercompany and Period Close- Financial Close Activities
  • 1. Period Close Process
  • 2. Revaluation and Translation
  • 3. Intercompany Transactions
Topic 4: Financial Reporting and Security- Reporting and Access Control
  • 1. Smart View Integration
  • 2. General Ledger Security
  • 3. Financial Reporting
Topic 5: Enterprise and Financial Reporting Structures- Enterprise Structure Configuration
  • 1. Chart of Accounts
  • 2. Legal Entities
  • 3. Business Units

1z0-1054-25 Exam FAQ — Clear the Nerves

The Oracle Financials Cloud: General Ledger 2025 Implementation Professional is Oracle's certification exam for Oracle Financials Cloud, at the Professional level. It's demanding enough to intimidate — timed practice is the cure. Related credentials include Oracle Fusion Cloud Financials.

The Oracle Financials Cloud: General Ledger 2025 Implementation Professional blueprint spans 5 domains — including Enterprise and Financial Reporting Structures, Journal Processing, Ledger and Accounting Configuration. The complete outline above lists every subtopic; our IT staff keep the material aligned daily.

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Oracle Financials Cloud: General Ledger 2025 Implementation Professional Sample Questions:

You are required to changetoday's daily ratesfor convertingGBP to USD. What are three ways in which you can update existing daily rates?

  • A. Edit existing transactions and update the rates manually.
  • B. Update rates manually using the Currency Rates Manager, which can be accessed from the Functional Setup Manager or the General Ledger's Period Close work area.
  • C. Update rates manually using the Currency Rates Manager, which can be accessed only from the Functional Setup Manager.
  • D. Use the spreadsheet loader from the Currency Rates Manager.
  • E. Import daily rates through the Daily Rates open interface table.
Reveal Solution  Discussion  0

Correct Answer: B,D,E  🗳️

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 format certain tables by hiding and showing columns, moving columns, and resizing columns
  • C. They can use "+" under the Apps section of the News Feed homepage
  • D. Users have very little control configuring their Springboards and Work Areas; they can only resize columns
Reveal Solution  Discussion  0

Correct Answer: B,C  🗳️

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

Which Two are key capabilities of Account Groups within the General Accounting Dashboard?

  • A. Analyze change percentages based on defined rules and thresholds to assess whether balance variances are favorable or unfavorable.
  • B. Monitor key accounts automatically in real time on an exception or permanent basis.
  • C. Create Reports, Books, Snapshot Reports, Snapshot Books, and Financial Reporting Batches.
  • D. Schedule reports to run automatically at selected intervals and to various destinations, such as printer or email.
Reveal Solution  Discussion  0

Correct Answer: A,B  🗳️

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

Reveal Solution  Discussion  0

Correct Answer:

See the Explanation for the complete Solution.
Explanation:
Here are the steps you need to follow:
In the Setup and Maintenance work area, go to the following:
Offering: Financials
Functional Area: Financial Reporting Structures
Task: Manage Chart of Accounts Mapping
Select the source chart of accounts (UK) and the target chart of accounts (CA) that you want to map.
Click on the Segment Rules tab to define the segment mapping rules. Enter the following information for each segment:
Segment Number: 1
Segment Name: Company
Mapping Type: Value
Source Value: *
Target Value: *
Segment Number: 2
Segment Name: LoB
Mapping Type: Value
Source Value: *
Target Value: *
Segment Number: 3
Segment Name: Account
Mapping Type: Range
Source From Value: 1000
Source To Value: 1999
Target Value: 11101
Mapping Type: Range
Source From Value: 2000
Source To Value: 2999
Target Value: 22100
Mapping Type: Range
Source From Value: 3000
Source To Value: 3999
Target Value: 34000
Mapping Type: Range
Source From Value: 4000
Source To Value: 4999
Target Value: 42000
Mapping Type: Range
Source From Value: 5000
Source To Value: 99999999
Target Value: 51100
Segment Number: 4
Segment Name: Cost Center
Mapping Type: Value
Source Value: 0
Target Value: Balance Sheet
Mapping Type: Value
Source Value: 000
Target Value: Balance Sheet
Mapping Type: Value
Source Value: *
Target Value: 610
Segment Number: 5
Segment Name: Product
Mapping Type: Value
Source Value: *
Target Value: *
Segment Number: 6
Segment Name: Intercompany
Mapping Type: Value
Source Value: *
Target Value: *
Click on the Save and Close button to save the segment mapping rules.
You have successfully created a Chart of Accounts mapping for the given scenario. For more information, you can refer to the following resources:
Overview of the Chart of Accounts Mapping Page
Chart of Accounts Structures and Instances
How To Create A Chart Of Accounts Mapping For A Secondary Ledger
How To Bulk Upload The Mapping Rules In "Manage Chart of Accounts Mapping" Centralized Management of Chart of Accounts Configurations

Your company hascomplex consolidation requirementswithmultiple general ledger instances. You are usingOracle Hyperion Financial Managementto consolidate the disparateGeneral Ledgers.
You can typically map segments between yourgeneral ledger segmentto aHyperion Financial Management segment, such as:
Company to Entity
Department to Department
Account to Account
What happens to segments in yoursource general ledger, such asProgram, thatcannot be mappedtoHyperion Financial Management?

  • A. The unmapped segments default tofuture use segmentsin Hyperion Financial Management.
  • B. Errors occur for unmapped segments. You must map multiple segments from source general ledgers to the target segment in Hyperion Financial Management.
  • C. Data is summarized across segments that are not mapped to Hyperion Financial Management.
  • D. The data is not transferred.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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