1Z0-1054-26 Prüfungsfragen - 1Z0-1054-26 Online Test

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Oracle 1Z0-1054-26 Exam Syllabus Topics:

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

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Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional 1Z0-1054-26 Prüfungsfragen mit Lösungen (Q106-Q111):

106. Frage
Which two statements are true about balances cubes in General Ledger?

A. New dimensions can be added to a General Ledger balances cube.
B. They are updated automatically when the Translation process is run.
C. They are updated automatically when the General Ledger period is opened.
D. They are updated automatically when the Revaluation process is run.
E. A new balances cube is created for a unique combination of ledger and currency.

Antwort: A,E

Begründung:
Balances cubes are multidimensional databases that store financial balances for interactive reporting and analysis. A balances cube is created for each unique combination of ledger and currency, and it contains dimensions such as chart of accounts segments, periods, scenarios, and other user-defined attributes. New dimensions can be added to a balances cube by using the Manage Balances Cube Dimensions task in General Ledger. Balances cubes are updated automatically when journals are posted in General Ledger, and they can also be refreshed manually by using the Refresh Balances Cube task. Balances cubes are not affected by the Translation or Revaluation processes, as these processes only update the balances tables in General Ledger. References:
Overview of Oracle General Ledger Balances Cubes1
Considerations for General Ledger Balances Cubes2
Overview of Oracle Essbase Balances Cubes3

107. Frage
Your userforgot the password. How do you resolve this?

A. Log in to the user's machine as an Administrator and change the password from the login password.
B. Create a new user ID and password for the user.
C. Use Oracle Identity Management (OIM) to reset the user's password.
D. Use the Manage Users page to update the user's information and change the password.
E. Use Access Policy Manager (APM) to reset the user's password.

Antwort: C

108. Frage
Users with the General Accountant job role have reported that they are unable to access the UK Ledger. They require read/write access to the full ledger. The accounting configuration completed successfully.
What should you do to allow access to the ledger?

A. Assign the General Accounting Manager role to those users.
B. Assign the security context value of UK Ledger to the user/role combination.
C. Create a data access set that allows access to the UK Ledger.
D. Assign the UK reference set to the user/role combination.

Antwort: C

Begründung:
Data access sets are collections of ledgers that define the data security for users who access General Ledger. Users can only access the ledgers that are assigned to them through data access sets. To allow users with the General Accountant job role to access the UK Ledger, you need to create a data access set that includes the UK Ledger and assign it to the user/role combination. You also need to specify the access privilege for the data access set, which can be Full Ledger, Both Read and Write, or Read Only. In this case, you need to select Both Read and Write to allow read/write access to the full ledger.Reference:
Implement General Ledger
GL_ACCESS_SET_LEDGERS
The Default Data Access Set
Overview of General Ledger Security

109. Frage
Which two statements are true regarding the Intercompany Reconciliation Report? (Choose two.)

A. The report can be run using an additional currency and conversion rate that converts all amounts into a common currency for comparison.
B. The report displays all clearing company balancing lines for a period.
C. The report includes Ledger balancing lines generated when the primary balancing segment value (BSV) is in balance, but either the second or third BSVs are not.
D. You can only drill down to the general ledger journal and then from there to the subledger journal entry.
E. The report displays the intercompany receivables and intercompany payables balances in summary for a period.

Antwort: A,C

Begründung:
According to the Oracle documentation12, the Intercompany Reconciliation Report can be run using an additional currency and conversion rate that converts all amounts into a common currency for comparison (option C). The report also includes ledger balancing lines generated when the primary balancing segment value is in balance, but either the second or third balancing segment values are not (option B).Option A is incorrect because you can drill down to the general ledger journal, subledger accounting entry, and source receivables or payables transaction2.Option D is incorrect because the report displays the intercompany receivables and intercompany payables balances in summary for a period, and any differences between them1.Option E is incorrect because the report does not display clearing company balancing lines2.

110. Frage
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?

A. The members of the Close Monitor hierarchy must all share the same accounting convention.
B. The members of the Close Monitor hierarchy must share a common Chart of Accounts and calendar.
C. The members of the Close Monitor hierarchy must all be primary ledgers or secondary ledgers.

Antwort: B

111. Frage
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