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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Oracle 1Z0-1054-26 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Configuring Financial Reports | 15% | - Financial reporting options - Financial report and analysis creation
|
| Topic 2: Enabling Redwood Capabilities | 2% | - Enable Redwood capabilities and understand configuration impacts |
| Topic 3: Performing Period Close | 15% | - Period Close configuration - Period Close process overview |
| Topic 4: Leveraging AI/ML/Mobile and Automation Features | 3% | - Use AI/ML/mobile and automation features for process efficiency |
| Topic 5: Implementing Ledgers | 15% | - Ledger configuration |
| Topic 6: Implementing and Managing Journals | 20% | - Journal configuration - Key features and capabilities of journal processing |
| Topic 7: Processing Intercompany | 15% | - Intercompany transaction configuration - Intercompany transaction processing and reconciliation |
| Topic 8: Implementing Enterprise and Financial Reporting Structures | 15% | - Configuration of Financial Reporting Structures - Key features and capabilities of Enterprise and Financial Reporting Structures
|
Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional Sample Questions:
You are using the Create Budgets in a Spreadsheet option to load your budget balances into the General Ledger balances cube. Your FYXX Budget is not appearing in the Budget Name list of values.
What are two reasons for this?
- A. Publish Chart of Accounts Dimension Members and Hierarchies to the Balances Cube has not been run.
- B. Transfer Budget Balances to Budget Cubes has not been run.
- C. The Create Scenario Dimension Members program has not been run.
- D. Budgeting is not enabled in the Ledger options.
- E. A value for the budget scenario is not created.
Correct Answer: C,E 🗳️
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You are reviewing the Intercompany Reconciliation report for the current period and notice that there is a difference for the period as indicated.
What could be reason for this difference?
- A. The transaction needs to be transferred to Payables and accounted in the UK ledger.
- B. The transaction needs to be transferred to Payables and accounted in the US ledger.
- C. The transaction needs to be transferred to Receivables and accounted in the US ledger.
- D. The transaction needs to be transferred to Receivables and accounted in the UK ledger.
Correct Answer: A 🗳️
After user acceptance testing of the new Oracle Fusion Cloud system, the company ' s accountants report that they want to be notified of anomalies in certain account balances in real time. The anomalies should include an increase or decrease that is above or below a percentage amount threshold.
What is the best way to meet this requirement?
- A. Open a Smart View file saved on your desktop.
- B. Perform an account analysis online.
- C. Create an Account Group using Account Monitor.
- D. Use Account Inspector.
Correct Answer: C 🗳️
InFinancial Cloud, which three reporting tools can be used to accessGeneral Ledger balances?
- A. Smart View
- B. Oracle Transactions Business Intelligence
- C. Financial Reporting Studio
- D. Oracle Enterprise Repository
- E. Application Composer
Correct Answer: A,B,C 🗳️
You are using theCreate Budgets in a Spreadsheetoption toload your budget balancesinto theGL balances cube. YourFYXX Budgetis not appearing in theBudget Namelist of values.
Which two are the reasons for this?
- A. The Publish Chart of Accounts Dimension Members and Hierarchies to the Balances Cube has not been run.
- B. The Create Scenario Dimension Members program has not been run.
- C. A value for the budget scenario has not been created.
- D. Budgeting has not been enabled in the ledger options.
- E. The Transfer Budget Balances to Budget Cubes has not been run.
Correct Answer: B,C 🗳️
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