Oracle 1z0-1054-25 Exam With Confidence Using Practice Dumps

Exam Code:

1z0-1054-25

Exam Name:

Oracle Financials Cloud: General Ledger 2025 Implementation Professional

Certification:

Oracle Financials Cloud

Vendor:

Oracle

Questions:

123

Last Updated:

Aug 20, 2025

Exam Status:

Stable

1z0-1054-25: Oracle Financials Cloud Exam 2025 Study Guide Pdf and Test Engine

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Oracle Financials Cloud: General Ledger 2025 Implementation Professional Questions and Answers

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Question 1

InFinancial Cloud, which three reporting tools can be used to accessGeneral Ledger balances?

Options:

Oracle Transactions Business Intelligence

Oracle Enterprise Repository

Smart View

Financial Reporting Studio

Application Composer

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Question 2

You are implementing amultipillarimplementation of bothHCM CloudandERP Cloud. You are implementingERP first, followed byHCM Cloud. You want to ensure yourledgers and chart of accountsare correctly defined.

What should you do? (Choose three.)

Options:

Use file-based spreadsheet loaders using UCM to mass load and maintain chart of accounts segment values and hierarchies.

Use the Rapid Implementation spreadsheet when creating your enterprise structure.

Deploy your chart of accounts.

Create your chart of accounts in the following order: value sets, COA structure, and instance before assigning values to the value sets.

Use HCM’s Enterprise Structure Configurator (ESC) first.

Question 3

Manage Chart of Accounts Structure and Instance

Scenario

Your client is implementing Oracle Fusion Cloud Financials. The decision is to have a 5-segment Chart of Accounts: Company, Cost Center, Account, Product, and Intercompany. You are working in

the General Ledger team and will be responsible for creating the Chart of Accounts Structure and Instance for the Chart of Accounts.

Task 1

Create a Chart of Accounts Structure and Instance for the following Chart of Accounts:

Note:

· Prefix all your setups with 07, where 07 is your candidate ID

· There is one balancing segment.

· Choose the appropriate segment labels.

. For the purpose of this test there is no need to deploy the flexfield.

. Valid code combinations should be added to the Code Combination table automatically.

· Shorthand aliases will not be implemented.

. Accept the defaults for the instance segments.

Options:

Answer:

See the Explanation for the complete Solution.

Explanation:

Here are the steps you need to follow:

Navigate to the Setup and Maintenance work area and search for the task Manage Chart of Accounts Structures.

Click on the Create icon to create a new Chart of Accounts Structure. Enter the following information:

Structure Code: 07COA

Structure Name: 07 Chart of Accounts

Description: Chart of Accounts for candidate 07

Number of Segments: 5

Click on the Next button to define the segments. Enter the following information for each segment:

Segment Number: 1

Segment Name: Company

Value Set Code: 07Corporate Company

Value Set Name: 07 Corporate Company

Maximum Size: 3

Balancing: Yes

Segment Label: Company

Segment Number: 2

Segment Name: Cost Center

Value Set Code: 07Corporate Cost Center

Value Set Name: 07 Corporate Cost Center

Maximum Size: 4

Balancing: No

Segment Label: Cost Center

Segment Number: 3

Segment Name: Account

Value Set Code: 07Corporate Account

Value Set Name: 07 Corporate Account

Maximum Size: 8

Balancing: No

Segment Label: Natural Account

Segment Number: 4

Segment Name: Product

Value Set Code: 07Corporate Product

Value Set Name: 07 Corporate Product

Maximum Size: 3

Balancing: No

Segment Label: Product

Segment Number: 5

Segment Name: Intercompany

Value Set Code: 07Corporate Company

Value Set Name: 07 Corporate Company

Maximum Size: 3

Balancing: No

Segment Label: Intercompany

Click on the Next button to review the summary and click on the Save and Close button to save the Chart of Accounts Structure.

Navigate to the Setup and Maintenance work area and search for the task Manage Chart of Accounts Structure Instances.

Click on the Create icon to create a new Chart of Accounts Structure Instance. Enter the following information:

Structure Code: 07COA

Structure Name: 07 Chart of Accounts

Description: Chart of Accounts for candidate 07

Chart of Accounts Structure: 07COA

Enabled: Yes

Allow Dynamic Inserts: Yes

Click on the Next button to review the summary and click on the Save and Close button to save the Chart of Accounts Structure Instance.

You have successfully created a Chart of Accounts Structure and Instance for the given scenario. For more information, you can refer to the following resources:

Chart of Accounts Structures and Instances

Chart of Accounts Components

Minimum Steps For Financial Enterprise Structures Configuration

Overview of Creating and Configuring Chart of Accounts Structure and Instances

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Oracle 1z0-1054-25 Exam With Confidence Using Practice Dumps

1z0-1054-25: Oracle Financials Cloud Exam 2025 Study Guide Pdf and Test Engine

Related Oracle Exams

Oracle Financials Cloud: General Ledger 2025 Implementation Professional Questions and Answers

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