Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional : 1Z0-1054-26

Oracle 1Z0-1054-26 Actual PDF
  • Exam Code: 1Z0-1054-26
  • Exam Name: Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional
  • Updated: Sep 29, 2026
  • Q & A: 145 Questions and Answers
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About Oracle 1Z0-1054-26 Exam

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Oracle 1Z0-1054-26 Exam Syllabus Topics:

SectionObjectives
Topic 1: Journal Processing- Journal creation and management
  • 1. Manual journals
    • 2. Recurring journals
      - Journal approvals and posting
      • 1. Posting process and controls
        • 2. Approval workflows
          Topic 2: Security and Integration- Role-based access control
          • 1. Financial roles and privileges
            - Integration with subledgers
            • 1. AP/AR integration with GL
              • 2. Data import and export processes
                Topic 3: Advanced Financials Features- Allocations and automation
                • 1. Automated accounting processes
                  • 2. Allocation rules
                    - Intercompany accounting
                    • 1. Intercompany transactions
                      • 2. Balancing and eliminations
                        Topic 4: Accounting and Close Processes- Financial reporting
                        • 1. Financial Reporting Studio usage
                          • 2. Account analysis and reporting
                            - Period close activities
                            • 1. Close monitoring and reconciliation
                              • 2. Subledger to GL reconciliation
                                Topic 5: General Ledger Configuration- Accounting configuration
                                • 1. Currency setup and revaluation
                                  • 2. Accounting calendars
                                    - Enterprise structure setup for Financials
                                    • 1. Ledger configuration
                                      • 2. Chart of Accounts design and setup

                                        Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional Sample Questions:

                                        Question #1

                                        Which two allow access to the BI Catalog for creating an Oracle Transactional Business Intelligence analysis?
                                        (Choose two.)

                                        • A. Universal Content Management Workspace
                                        • B. Scheduled Processes
                                        • C. Business Process Management Workspace
                                        • D. Enterprise Performance Management Workspace
                                        • E. Reports and Analytics
                                        Reveal Solution  Discussion  0

                                        Correct Answer: D,E  🗳️

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

                                        Question #2

                                        Your userforgot the password. How do you resolve this?

                                        • A. Log in to the user ' s machine as an Administrator and change the password from the login password.
                                        • B. Use Access Policy Manager (APM) to reset the user ' s password.
                                        • C. Use the Manage Users page to update the user ' s information and change the password.
                                        • D. Use Oracle Identity Management (OIM) to reset the user ' s password.
                                        • E. Create a new user ID and password for the user.
                                        Reveal Solution  Discussion  0

                                        Correct Answer: D  🗳️

                                        Question #3

                                        You are planning to use Financial Reporting Web Studio to create your income statement and balance sheet reports.
                                        Which report component allows you to connect with GL Balances Cube?

                                        • A. Object Browser
                                        • B. Grid
                                        • C. Point of View
                                        • D. Design Canvas
                                        Reveal Solution  Discussion  0

                                        Correct Answer: B  🗳️

                                        Question #4

                                        What is the key function of currency translation?

                                        • A. Measuring current financial transactions that are denominated or stated in an accounting currency into the functional currency of the entity.
                                        • B. Creating unrealized gain or loss journals for foreign currency transactions.
                                        • C. Adjusting the accounted value of foreign currency-denominated balances according to current conversion rates.
                                        • D. Expressing the functional currency financial results of a subsidiary in the entity's reporting or consolidated currency.
                                        Reveal Solution  Discussion  0

                                        Correct Answer: D  🗳️

                                        Question #5

                                        Which three are considered legal jurisdictions?

                                        • A. Group of Countries
                                        • B. Post Code
                                        • C. Single Country
                                        • D. State
                                        • E. Identifying Zone
                                        Reveal Solution  Discussion  0

                                        Correct Answer: A,C,D  🗳️

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