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Introduction

Oracle is a global American information technology corporation located in California. Oracle is a multinational organisation that designs enterprise software systems. Oracle sells numerous cloud-based software and frameworks, as well as hardware and resources to help businesses grow their operations. The emphasis of Oracle's applications is data processing, market intelligence, IT operational management, corporate resource planning, protection, and new technologies. Oracle is well known for its hardware and cloud applications. Oracle Cloud, DBMS, is one of the most common corporate databases in the world.

Oracle also designs and develops methods and software for middle-tier application management frameworks, Human Capital Management (HCM), Customer Relationship Management (CRM), Enterprise Resource Planning Systems (ERP) and Supply Chain Management systems (SCM). Oracle Database is a multi-model database management framework generally known as the Oracle Database Management System (DBMS). It is a commonly used database for executing applications for data storage and transaction processing. Oracle Database is open to a variety of service providers on server, premises or mixed cloud installation.

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Reference: https://education.oracle.com/oracle-financials-cloud-general-ledger-2020-implementation-essentials/pexam_1Z0-1054-20

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Oracle 1z0-1054-20 Exam Syllabus Topics:

SectionObjectives
General Ledger Cloud Setup- Chart of Accounts Configuration
- Enterprise Structures
Subledger Accounting- Subledger to Ledger Reconciliation
Period Close and Budgetary Control- Budgetary Control and Encumbrance
- Period Close Processes
Journal Processing- Journal Entries and Processing Rules
- Allocation Rules
Intercompany Processing- Intercompany Balancing Rules
Reporting and Analytics- Financial Reporting Studio and OTBI

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