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Oracle 1Z0-1054-26 Exam Syllabus Topics:

Section	Objectives
Journal Processing	- Journal approvals and posting 1. Approval workflows 2. Posting process and controls - Journal creation and management 1. Manual journals 2. Recurring journals
Advanced Financials Features	- Intercompany accounting 1. Intercompany transactions 2. Balancing and eliminations - Allocations and automation 1. Allocation rules 2. Automated accounting processes
Accounting and Close Processes	- Financial reporting 1. Financial Reporting Studio usage 2. Account analysis and reporting - Period close activities 1. Close monitoring and reconciliation 2. Subledger to GL reconciliation
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
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

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Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional Sample Questions (Q134-Q139):

NEW QUESTION # 134
Your userforgot the password. How do you resolve this?

A. Use Access Policy Manager (APM) to reset the user's 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. Log in to the user's machine as an Administrator and change the password from the login password.
E. Use the Manage Users page to update the user's information and change the password.

Answer: C

NEW QUESTION # 135
What is the key functionality of Smart View in Oracle Cloud Financial Reporting?

A. It is a data visualization tool that offers a library of interactive charts and graphs for financial analysis.
B. It is an Excel based add in that integrates with Oracle Essbase GL data for performing financial analysis and reporting.
C. It is a mobile application for accessing real-time financial dashboards on smartphones and tablets.

Answer: B

NEW QUESTION # 136
Which three Oracle Transactional Business Intelligence (OTBI) objects can be created by using the tools in the Oracle Business Intelligence (BI) catalog?

A. Analyses
B. Infotiles
C. Reports
D. Dashboards
E. Infolets

Answer: A,C,D

NEW QUESTION # 137
What describes a legal jurisdiction?

A. Its legislation applies to a group of countries or a single country, state, county, or parish.
B. It has the power to make laws and levy and collect fees and taxes.
C. It represents a legal employer used for payroll reporting.
D. It is a recognized party with rights and responsibilities given by legislation.

Answer: A

Explanation:
A legal jurisdiction is the territory or area where specific legislation applies. In Oracle Enterprise Structures, jurisdictions are defined so that legal entities, registrations, tax rules, and statutory reporting requirements can be associated with the correct legal framework. A jurisdiction can apply to a broad territory, such as a group of countries, or to a single country, state, county, or parish. Option B describes a legal authority, which is the body that has the power to make laws and levy or collect taxes.
Option C describes a legal entity, which is a recognized party with legal rights and responsibilities.
Therefore, the correct description of legal jurisdiction is the legislation-applicable territory. Oracle documentation defines jurisdictions as physical territories where legislation applies.

NEW QUESTION # 138
You define intercompany balancing rules that are applied to a specific source and category, such as Payables and Invoices, or a specific intercompany transaction type, such as Intercompany Sales.
Which statement on intercompany configuration is true?

A. You can create a rule for all sources and categories by selecting the source "Other" and category "Other"
B. Intercompany balancing evaluates the rules in the following order: ledger, legal entity, chart of accounts, and primary balancing segment value.
C. You must define intercompany balancing rules for all sources, categories, and transaction types.

Answer: A

NEW QUESTION # 139
......

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