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Oracle 1Z0-1054-26 Exam Syllabus Topics:

SectionObjectives
Topic 1: General Ledger Configuration- Accounting configuration
  • 1. Currency setup and revaluation
    • 2. Accounting calendars
      - Enterprise structure setup for Financials
      • 1. Ledger configuration
        • 2. Chart of Accounts design and setup
          Topic 2: Advanced Financials Features- Intercompany accounting
          • 1. Intercompany transactions
            • 2. Balancing and eliminations
              - Allocations and automation
              • 1. Allocation rules
                • 2. Automated accounting processes
                  Topic 3: Security and Integration- Integration with subledgers
                  • 1. AP/AR integration with GL
                    • 2. Data import and export processes
                      - Role-based access control
                      • 1. Financial roles and privileges
                        Topic 4: Accounting and Close Processes- Financial reporting
                        • 1. Account analysis and reporting
                          • 2. Financial Reporting Studio usage
                            - Period close activities
                            • 1. Subledger to GL reconciliation
                              • 2. Close monitoring and reconciliation
                                Topic 5: Journal Processing- Journal approvals and posting
                                • 1. Posting process and controls
                                  • 2. Approval workflows
                                    - Journal creation and management
                                    • 1. Manual journals
                                      • 2. Recurring journals

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                                        Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional Sample Questions (Q106-Q111):

                                        NEW QUESTION # 106
                                        You need to integrateFusion Accounting Hubwithexternal source systemsused forBilling. Identify the step that isnot correctwhen implementing this integration.

                                        Answer: A


                                        NEW QUESTION # 107
                                        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?

                                        Answer: D

                                        Explanation:
                                        According to Oracle documentation1, you should enable geocoding to achieve the requirement of finding points of interest, such as customers, while out on business. Geocoding is the process of assigning geographic coordinates to a physical address. Geocoding enables you to use maps and location-based services to find and visualize points of interest. Therefore, option B is correct. Option A is incorrect because HZ_GEO_IDENTIFIER_SUBTYPE Lookup is not a feature that enables finding points of interest. Option C is incorrect because validation is not a feature that enables finding points of interest. Option D is incorrect because address cleansing is not a feature that enables finding points of interest.


                                        NEW QUESTION # 108
                                        You have decided to use the Journal Attachments Audit feature to monitor and adhere to compliance policies.
                                        Journals created from which mode are eligible for auditing?

                                        Answer: A

                                        Explanation:
                                        The Journal Attachments Audit feature is intended to monitor journal attachments that are added through the journal user interface. This control is compliance-focused because journal preparers and approvers often attach supporting evidence, backup schedules, approval documents, or audit justification directly while creating or editing journals online. FBDI, ADFdi, and Journal Import are primarily data-load or integration methods for journal creation and are not the eligible source mode for this specific attachment audit behavior. The key point is that the audit feature is scoped to journals where attachments are maintained interactively in the UI. Therefore, the correct answer is journals created in the user interface. This is the only option that aligns with the functional purpose of Journal Attachments Audit in General Ledger compliance monitoring.


                                        NEW QUESTION # 109
                                        You attempt to activate a tree version, but the audit process fails. In which two ways can you resolve this?

                                        Answer: A,D


                                        NEW QUESTION # 110
                                        You are setting up Close Monitor for your organization. What is the key consideration when selecting the ledgers or ledger sets that form part of the Close Monitor hierarchy?

                                        Answer: B


                                        NEW QUESTION # 111
                                        ......

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