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

"Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional", also known as 1Z0-1054-26 exam, is a Oracle Certification. With the complete collection of questions and answers, Pass4sureCert has assembled to take you through 145 Q&As to your 1Z0-1054-26 Exam preparation. In the 1Z0-1054-26 exam resources, you will cover every field and category in Oracle Cloud Certification helping to ready you for your successful Oracle Certification.

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  • Updated on: Sep 28, 2026
  • No. of Questions: 145 Questions & Answers

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  • Updated on: Sep 28, 2026
  • No. of Questions: 145 Questions & Answers

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Oracle 1Z0-1054-26 Exam Syllabus Topics:

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

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

                                        You are designing an approval rule where a specific person is required to approve the journal. Which two list builders should you use to achieve this?

                                        • A. Supervisory Hierarchy approval routing
                                        • B. Resource approval routing
                                        • C. Position Hierarchy approval routing
                                        • D. Approval Group approval routing
                                        • E. Job Level Hierarchy approval routing
                                        Reveal Solution  Discussion  0

                                        Correct Answer: B,D  🗳️

                                        What is the key functionality of Smart View in Oracle Cloud Financial Reporting?

                                        • A. It is an Excel based add in that integrates with Oracle Essbase GL data for performing financial analysis and reporting.
                                        • B. It is a mobile application for accessing real-time financial dashboards on smartphones and tablets.
                                        • C. It is a data visualization tool that offers a library of interactive charts and graphs for financial analysis.
                                        Reveal Solution  Discussion  0

                                        Correct Answer: A  🗳️

                                        In which two ways can your users personalize the Springboards and Work Areas to suit their individual working styles? (Choose two.)

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

                                        Correct Answer: A,C  🗳️

                                        Explanation: Only visible for Pass4sureCert members. You can sign-up / login (it's free).

                                        When working with Essbase, versions of the tree hierarchy as defined in the Fusion are not available in the Essbase balances cube. What should you do to correct this situation?

                                        • A. Redeploy the chart of accounts.
                                        • B. Make sure the tree is active.
                                        • C. Make sure to flatten the rows of the tree version.
                                        • D. Make sure the tree version was published successfully.
                                        Reveal Solution  Discussion  0

                                        Correct Answer: D  🗳️

                                        What are thetwo possible reasonsforencumbrance created on the purchase orderto go back to thebudget or funds availability?

                                        • A. When the requisition is set to accrue at period end and partially billed and then canceled or finally closed, encumbrance goes back to the budget to the extent of the unbilled amount.
                                        • B. The purchase order is canceled or finally closed or rejected without performing any receipt or invoice.
                                        • C. The requisition reserved successfully undergoes amendment and is rejected in the reapproval.
                                        • D. When the purchase order is set to accrue at receipt and partially received, then canceled or finally closed, encumbrance goes back to the budget to the extent of the unreceived amount.
                                        Reveal Solution  Discussion  0

                                        Correct Answer: B,D  🗳️

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