Oracle 1Z0-1054-26 Q&A - in .pdf

  • Exam Code: 1Z0-1054-26
  • Exam Name: Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional
  • Updated: Oct 07, 2026
  • Q & A: 145 Questions and Answers
  • Printable Oracle 1Z0-1054-26 PDF Format. It is an electronic file format regardless of the operating system platform.
  • PDF Price: $59.99
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  • Exam Code: 1Z0-1054-26
  • Exam Name: Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional
  • Updated: Oct 07, 2026
  • Q & A: 145 Questions and Answers
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Oracle 1Z0-1054-26 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Enabling Redwood Capabilities2%- Enable Redwood capabilities and understand configuration impacts
Topic 2: Processing Intercompany15%- Intercompany transaction configuration
- Intercompany transaction processing and reconciliation
Topic 3: Implementing and Managing Journals20%- Key features and capabilities of journal processing
- Journal configuration
Topic 4: Configuring Financial Reports15%- Financial reporting options
- Financial report and analysis creation
  • 1. General Accounting infolets
Topic 5: Implementing Enterprise and Financial Reporting Structures15%- Key features and capabilities of Enterprise and Financial Reporting Structures
  • 1. Chart of Accounts design
- Configuration of Financial Reporting Structures
Topic 6: Leveraging AI/ML/Mobile and Automation Features3%- Use AI/ML/mobile and automation features for process efficiency
Topic 7: Performing Period Close15%- Period Close process overview
- Period Close configuration
Topic 8: Implementing Ledgers15%- Ledger configuration

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

Question #1

What is the key function of currency revaluation?

  • A. Measuring the current financial transactions that are denominated or stated in an accounting (local) currency into the functional currency of the entity
  • B. Adjusting the accounted value of foreign currency denominated balances according to current conversion rates
  • C. Converting the accounted balances from one currency to another target currency
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #2

You need to add new transactional attributes to the journal approval notification in an implementation project.
Which two Business Intelligence catalog objects should you copy (or customize) and edit?

  • A. Layout template
  • B. Output type
  • C. Data model
  • D. Style template
  • E. Sub template
Reveal Solution  Discussion  0

Correct Answer: A,C  🗳️

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Question #3

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

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

Correct Answer: C,D  🗳️

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

Question #4

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

  • A. A SmartView analysis
  • B. An Account Group
  • C. General Ledger inquiries and reports
  • D. An OTBI analysis
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #5

You are implementing amultipillarimplementation of bothHCM CloudandERP Cloud. You are implementingERP first, followed byHCM Cloud. You want to ensure yourledgers and chart of accountsare correctly defined.
What should you do? (Choose three.)

  • A. Deploy your chart of accounts.
  • B. Use file-based spreadsheet loaders using UCM to mass load and maintain chart of accounts segment values and hierarchies.
  • C. Create your chart of accounts in the following order: value sets, COA structure, and instance before assigning values to the value sets.
  • D. Use HCM's Enterprise Structure Configurator (ESC) first.
  • E. Use the Rapid Implementation spreadsheet when creating your enterprise structure.
Reveal Solution  Discussion  0

Correct Answer: C,D,E  🗳️

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