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Oracle 1Z0-1054-26 Exam Syllabus Topics:

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

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Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional Sample Questions (Q88-Q93):

NEW QUESTION # 88
The Journal Import process pulls information from the GL Interface table to create valid, postable journal entries in General Ledger.
Which two statements are true about the Journal Import process?

A. You can only validate and select to transfer journal data in the Summary mode.
B. FBDI can be used to upload journal entry data from external sources into General Ledger.
C. The process validates all your data before it creates journal entries in General Ledger.
D. Any error transactions from Oracle Subledgers can be easily deleted and resubmitted.

Answer: B,C

NEW QUESTION # 89
When working with Essbase, versions of the tree hierarchy as defined in the Fusion are not available in the Essbase balances cube. What should you do to correct this situation?

A. Redeploy the chart of accounts.
B. Make sure to flatten the rows of the tree version.
C. Make sure the tree version was published successfully.
D. Make sure the tree is active.

Answer: C

NEW QUESTION # 90
You have enabled budgetary control and have a control budget set toAdvisorycontrol level. For September 2016, your budget for a given account combination is$5,000 USD.
In the same month, there is anapproved requisitionfor that account of$900and anapproved purchase orderfor that account of$2,500 USD. There is also aGeneral Ledger adjustment journal entryfor that account of$1,600 USD. Anapproved purchase order line of $400 USDis thencanceled.
Aninvoice is matchedto the purchase order for$2,100 USD.
Which two statements are true? (Choose two.)

A. Funds reservation only happens for non-matched invoices, so the system will not reserve funds.
B. The system always consumes the budget of future periods if the limit for the current period is expired, so October 2016 budget will be considered for reservation.
C. Purchase order encumbrance will be released for $2,100 US
D. As there are cancellations for $400 USD, the system will partially reserve the funds in September 2016 and fully reserve it in October 2016.

Answer: C,D

NEW QUESTION # 91
You are using theCreate Budgets in a Spreadsheetoption toload your budget balancesinto theGL balances cube. YourFYXX Budgetis not appearing in theBudget Namelist of values.
Which two are the reasons for this?

A. The Create Scenario Dimension Members program has not been run.
B. The Transfer Budget Balances to Budget Cubes has not been run.
C. A value for the budget scenario has not been created.
D. Budgeting has not been enabled in the ledger options.
E. The Publish Chart of Accounts Dimension Members and Hierarchies to the Balances Cube has not been run.

Answer: A,C

NEW QUESTION # 92
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

Answer: A,B

Explanation:
Smart View and Financial Reporting Studio are two reporting tools that allow you to create and include charts such as bar graphs in your financial statements. Smart View is a multidimensional pivot analysis tool that enables you to interactively analyze your balances and define reports using a familiar spreadsheet environment. You can also insert charts and graphs to visualize your data. Financial Reporting Studio is a tool that lets you design and format financial reports using data from the Oracle General Ledger balances cube. You can also add charts and graphs to enhance your reports and display data trends.Reference:
Overview of Financial Reporting Center, Oracle Cloud Applications Financials 23B, https://docs.oracle.com/en/cloud/saas/financials/23b/faiah/overview-of-financial-reporting-center.html Using Smart View with Oracle Financials Cloud, Oracle Cloud Applications Financials 23B, https://docs.oracle.com/en/cloud/saas/financials/23b/fasvf/using-smart-view-with-oracle-financials-cloud.html Creating Financial Reports, Oracle Cloud Applications Financials 23B, https://docs.oracle.com/en/cloud/saas/financials/23b/farug/creating-financial-reports.html

NEW QUESTION # 93
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