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Oracle 1Z0-1054-26 Exam Syllabus Topics:

SectionObjectives
Topic 1: 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 2: General Ledger Configuration- Enterprise structure setup for Financials
        • 1. Chart of Accounts design and setup
          • 2. Ledger configuration
            - Accounting configuration
            • 1. Currency setup and revaluation
              • 2. Accounting calendars
                Topic 3: Journal Processing- Journal creation and management
                • 1. Recurring journals
                  • 2. Manual journals
                    - Journal approvals and posting
                    • 1. Approval workflows
                      • 2. Posting process and controls
                        Topic 4: Advanced Financials Features- Intercompany accounting
                        • 1. Intercompany transactions
                          • 2. Balancing and eliminations
                            - Allocations and automation
                            • 1. Automated accounting processes
                              • 2. Allocation rules
                                Topic 5: 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

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                                        Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional Sample Questions (Q65-Q70):

                                        NEW QUESTION # 65
                                        When constructing a new chart of accounts instances, it has been decided to control the list of values within certain segments, with the use of related value sets.
                                        When defining new related value sets, which three configuration steps should be considered?

                                        Answer: D,E,F


                                        NEW QUESTION # 66
                                        Which three Oracle Transactional Business Intelligence (OTBI) objects can be created by using the tools in the Oracle Business Intelligence (BI) catalog?

                                        Answer: B,C,E


                                        NEW QUESTION # 67
                                        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: A


                                        NEW QUESTION # 68
                                        What is the role of the OTBI Reporting tool in Oracle Cloud Financial Reporting?

                                        Answer: C

                                        Explanation:
                                        OTBI, or Oracle Transactional Business Intelligence, is designed for real-time operational and ad hoc analysis using transactional subject areas. In Financials, users can create analyses, dashboards, prompts, and user-defined analytics directly from transaction data. This is different from Financial Reporting Web Studio, which is used for boardroom-quality financial statements based on balances cubes. It is also different from BI Publisher, which is used for formatted, pixel-perfect reports and scheduled document output. Spreadsheet-based multidimensional analysis is the role of Smart View.
                                        Therefore, the correct OTBI description is ad hoc reporting and transactional analysis. Oracle documentation describes OTBI as supporting analyses against transactional data, including financial subject areas such as General Ledger and Intercompany.


                                        NEW QUESTION # 69
                                        You entered users who are bothemployees and contingent workers. You want an automated way toassign, reassign, and remove rolesfrom users. What feature do you use?

                                        Answer: C


                                        NEW QUESTION # 70
                                        ......

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