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Oracle 1Z0-1054-26 Exam Syllabus Topics:

Section	Weight	Objectives
Implementing and Managing Journals	20%	- Key features and capabilities of journal processing - Journal configuration
Implementing Ledgers	15%	- Ledger configuration
Processing Intercompany	15%	- Intercompany transaction processing and reconciliation - Intercompany transaction configuration
Configuring Financial Reports	15%	- Financial report and analysis creation 1. General Accounting infolets - Financial reporting options
Performing Period Close	15%	- Period Close process overview - Period Close configuration
Implementing Enterprise and Financial Reporting Structures	15%	- Configuration of Financial Reporting Structures - Key features and capabilities of Enterprise and Financial Reporting Structures 1. Chart of Accounts design
Leveraging AI/ML/Mobile and Automation Features	3%	- Use AI/ML/mobile and automation features for process efficiency
Enabling Redwood Capabilities	2%	- Enable Redwood capabilities and understand configuration impacts

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Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional 1Z0-1054-26 Prüfungsfragen mit Lösungen (Q96-Q101):

96. Frage
You have three ledgers that use the same chart of accounts with one intercompany payable and one intercompany receivable account. The chart of accounts also has an intercompany segment. Each ledger has one legal entity assigned to it and each legal entity is associated with one balancing segment value.
At what level should you define the default intercompany balancing rule?

A. Ledger-level rule
B. Legal entity-level rule
C. Chart of accounts rule
D. Primary balancing segment rule

Antwort: C

Begründung:
You should define the default intercompany balancing rule at the legal entity level, because each ledger has one legal entity assigned to it and each legal entity is associated with one balancing segment value. This way, you can specify the intercompany receivables and payables accounts for each legal entity and ensure that the journals are balanced by legal entity or primary balancing segment values. A ledger-level rule would apply to all legal entities in the ledger, which may not be appropriate if they have different intercompany accounts. A primary balancing segment rule would apply to all ledgers that share the same chart of accounts, which may not be desirable if they have different intercompany rules. A chart of accounts rule would apply to all ledgers and legal entities that use the same chart of accounts, which may not be feasible if they have different intercompany segments or accounts.Reference:
Intercompany Balancing Rules, Section: Define Intercompany Balancing Rules Overview of Intercompany Balancing Rules, Section: Define Intercompany Balancing Rules Troubleshooting Guide For Intercompany Balancing, Section: 1. Journals and subledger accounting entries are not being balanced for intercompany activity Implement General Ledger, Section: Intercompany Balancing

97. Frage
A company implementing Oracle General Ledger has a business requirement to report under two accounting conventions and is considering setting up a primary and secondary ledger. The two accounting standards are very close.
Which data conversion level should you recommend to ensure only manual journals will be entered in the secondary ledger?

A. Balance level
B. Adjustment only level
C. Journal level
D. Subledger level
E. FBDI level

Antwort: B

Begründung:
The adjustment only level is the data conversion level that ensures only manual journals will be entered in the secondary ledger. This level means that no data is copied from the primary ledger to the secondary ledger automatically. Instead, the user can enter manual adjustments in the secondary ledger to reflect the differences between the two accounting standards. This level is suitable for scenarios where the accounting methods or charts of accounts are very close between the primary and secondary ledgers, and there is no need to maintain detailed journals or subledger transactions in the secondary ledger.Primary Ledgers, Secondary Ledgers, and Reporting Currencies,High Volume Data Migration Considerations for General Ledger,Reporting Currencies - Conversion Level Balance

98. Frage
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. You can create, update, and delete segment rules for a chart of accounts mapping.
C. You can create, update, and delete account rules for a chart of accounts mapping.
D. It supports external integration using REST services.

Antwort: B,C

Begründung:
According to Oracle documentation3, when using FBDI template to load Chart of Account Mapping Rules for their Primary and Secondary ledgers, you can create, update, and delete account rules for a chart of accounts mapping, and you can create, update, and delete segment rules for a chart of accounts mapping. FBDI enables you to import chart of accounts mapping rules from a spreadsheet template into General Ledger. You can use FBDI to manage both account rules and segment rules for a chart of accounts mapping. Therefore, options C and D are correct. Option A is incorrect because you can download the template from other pages besides the Manage Chart of Accounts Mappings page. Option B is incorrect because FBDI does not support external integration using REST services.

99. Frage
Budgetary control for accounts5020and5021has a budget of$90,000 USDeach for the year2012. The accounts also have balances onobligation of $10,000 USDfor each and anexpenditure of $20,000 USDfor each.
AFund of $50,000 USDis available for account5020only. You have run theEncumbrance Year End Carry Forward processfor obligation from the last period of the year2012to the first period of year2013.
Which statement is true?

A. The Encumbrance Year End Carry Forward process will run for all the accounts to carry forward the general ledger balances.
B. If you have included 5020 and 5021 in the encumbrance rule, then only the obligation of $10,000 USD will be carried forward.
C. If you have included 5020 and 5021 in the encumbrance rule, then budget balances $90,000 USD, obligation $10,000 USD, and expenditure $20,000 USD, and the funds available $50,000 USD will be carried forward.
D. If you have included 5020 and 5021 in the encumbrance rule, then obligation $10,000 USD and expenditure $20,000 USD only will be carried forward.

Antwort: C

100. Frage
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. Users have very little control configuring their Springboards and Work Areas; they can only resize columns
D. They can format certain tables by hiding and showing columns, moving columns, and resizing columns

Antwort: A,D

Begründung:
According to Oracle documentation2, your users can personalize the Springboards and Work Areas to suit their individual working styles in these two ways: They can format certain tables by hiding and showing columns, moving columns, and resizing columns, and they can use "+" under the Apps section of the News Feed homepage. Springboards and Work Areas are user interface components that enable users to access tasks and information relevant to their roles. Users can customize these components by adding or removing tiles, changing layouts, filtering data, and formatting tables. Therefore, options A and D are correct. Option B is incorrect because users have more control over configuring their Springboards and Work Areas than just resizing columns. Option C is incorrect because users do not need to have the System Administrator configuring pages for them using Page Composer.

101. Frage
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