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Oracle 1Z0-1054-26 Exam Syllabus Topics:

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

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Pass Guaranteed Quiz 2026 1Z0-1054-26: Pass-Sure Examinations Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional Actual Questions

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Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional Sample Questions (Q87-Q92):

NEW QUESTION # 87
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?

Answer: C


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?

Answer: B,D


NEW QUESTION # 89
You are creating values for thechart of account value setthat you are planning to use for theaccount segmentwithin yourChart of Accounts. You are not able to assign anAccount Type.
What is the reason for this?

Answer: B


NEW QUESTION # 90
The current implementation project covers Financials (with Fixed Assets and Expenses) with operations planned in three countries (USA, Italy, and India).
Which three labels are required when designing the chart of account structure for this project? (Choose three.)

Answer: A,B,C

Explanation:
The three labels that are required when designing the chart of account structure for this project are Primary Balancing, Cost center, and Natural Account. A chart of account structure is composed of segments that represent different dimensions of accounting information, such as company, department, account, or project.
Each segment has a label that indicates its function or purpose within the chart of accounts. The Primary Balancing label is required for the segment that identifies the legal entity or business unit for which financial statements are prepared and balanced. The Cost center label is required for the segment that identifies the organizational unit or function that incurs expenses or generates revenues. The Natural Account label is required for the segment that identifies the nature of an account, such as asset, liability, revenue, or expense.
The Intercompany Segment label is not required when designing the chart of account structure for this project, as this is an optional label for the segment that identifies intercompany transactions between different legal entities or business units within the same enterprise. The Secondary Balancing label is not required when designing the chart of account structure for this project, as this is an optional label for the segment that identifies an additional balancing dimension other than the primary balancing segment, such as fund or region. Reference: Oracle Financials Cloud: General Ledger 2022 Implementation Professional Objectives - Define Chart of Accounts 12


NEW QUESTION # 91
Your UK operation has a requirement to maintain its ledger balances in USD to facilitate reporting to the parent company. A balance-level reporting currency has been created and linked to the primary ledger.
How are balances transferred to the reporting currency?

Answer: B


NEW QUESTION # 92
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