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

  • Exam Code: 1Z0-1054-26
  • Exam Name: Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional
  • Updated: Aug 20, 2026     Q & A: 145 Questions and Answers

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Oracle 1Z0-1054-26 Exam Syllabus Topics:

SectionObjectives
General Ledger Configuration- Chart of Accounts structure and segments
- Ledger setup and accounting configuration
- Accounting calendar and currency setup
Financial Reporting- Financial Statement Generator (FSG) and reporting tools
- Real-time reporting and analytics
Period Close and Reconciliation- Account reconciliation and balancing
- Period close process in General Ledger
Journal Processing- Recurring journals and allocations
- Journal creation and approval workflows
- Journal import and automation
Security and Controls- Role-based access control in General Ledger
- Audit and compliance controls

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

1. You have set up asupporting reference with balancesto capturerevenue by account manager.
Which option should you use to view thesupporting reference balances?

A) General Ledger inquiries and reports
B) An OTBI analysis
C) A SmartView analysis
D) An Account Group


2. Your customer has a number of Chart of Account Mapping Rules for their Primary and Secondary ledgers.
You decide to use the FBDI template to load the rules.
Which two statements are true when using this method of entry? (Choose two.)

A) You can download the template only from the Manage Chart of Accounts Mappings page.
B) It supports external integration using REST services.
C) You can create, update, and delete segment rules for a chart of accounts mapping.
D) You can create, update, and delete account rules for a chart of accounts mapping.


3. Which Two predefined job roles automatically have the assigned privileges to access Financial Reporting Center?

A) Budget Manager
B) Intercompany Manager
C) Account Receivables Manager
D) Payables Supervisor
E) General Accounting Manager


4. You want your sales representatives to be able to find points of interest, such as customers, while out on business. What should you enable to achieve this?

A) Geocoding
B) HZ_GEO_IDENTIFIER_SUBTYPE Lookup
C) Validation
D) Address Cleansing


5. You define intercompany balancing rules that are applied to a specific source and category, such as Payables and Invoices, or a specific intercompany transaction type, such as Intercompany Sales.
Which statement on intercompany configuration is true?

A) You can create a rule for all sources and categories by selecting the source " Other " and category " Other "
B) You must define intercompany balancing rules for all sources, categories, and transaction types.
C) Intercompany balancing evaluates the rules in the following order: ledger, legal entity, chart of accounts, and primary balancing segment value.


Solutions:

Question # 1
Answer: B
Question # 2
Answer: C,D
Question # 3
Answer: A,E
Question # 4
Answer: A
Question # 5
Answer: A

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