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

  • Exam Code: 1Z0-1054-26
  • Exam Name: Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional
  • Updated: Aug 06, 2026
  • Q & A: 145 Questions and Answers

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

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Oracle 1Z0-1054-26 Exam Syllabus Topics:

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

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

1. When creating your financial statements, you want a chart such as a bar graph to be included in the report output. Which two reporting tools allow you to achieve this?

A) Financial Reporting Studio
B) Smart View
C) Account Inspector
D) Financial Statement Generator


2. 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) A SmartView analysis
C) An OTBI analysis
D) An Account Group


3. Your fiscal authority requires all journals to have a sequential number assigned when the accounting period is closed.
Which sequencing option should you use to achieve gapless sequence numbers for posted journal entries in chronological order?

A) Reporting Sequencing
B) Document Sequencing
C) Accounting Sequencing
D) Ledger Sequencing


4. You are using account hierarchies for reporting and allocations.
Which two statements are true about these types of hierarchies? (Choose two.)

A) Child values in these hierarchies can belong to only one parent.
B) Hierarchies for reporting and allocations have to be published to Essbase cubes.
C) You can have only one version of a hierarchy published to the Essbase cube at any time.
D) Hierarchies for reporting and allocations do not have to be published to Essbase cubes.


5. In the implementation project, there is a requirement to add new transactional attributes to the journal approval notification.
Which two Business Intelligence catalog objects should you copy (or customize) and edit? (Choose two.)

A) The Sub Template
B) The Style Template
C) Output type
D) The layout Template
E) The Data Model


Solutions:

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

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