Quiz 1Z0-1054-26 Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional Realistic Reliable Test Voucher

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Oracle 1Z0-1054-26 Exam Syllabus Topics:

SectionObjectives
Topic 1: Security and Controls- Audit and compliance controls
- Role-based access control in General Ledger
Topic 2: Period Close and Reconciliation- Period close process in General Ledger
- Account reconciliation and balancing
Topic 3: Journal Processing- Recurring journals and allocations
- Journal creation and approval workflows
- Journal import and automation
Topic 4: General Ledger Configuration- Ledger setup and accounting configuration
- Accounting calendar and currency setup
- Chart of Accounts structure and segments
Topic 5: Financial Reporting- Financial Statement Generator (FSG) and reporting tools
- Real-time reporting and analytics

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Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional Sample Questions (Q80-Q85):

NEW QUESTION # 80
In which two ways can your users personalize the Springboards and Work Areas to suit their individual working styles? (Choose two.)

Answer: A,B

Explanation:
According to Oracle documentation2, your users can personalize the Springboards and Work Areas to suit their individual working styles in these two ways: They can format certain tables by hiding and showing columns, moving columns, and resizing columns, and they can use "+" under the Apps section of the News Feed homepage. Springboards and Work Areas are user interface components that enable users to access tasks and information relevant to their roles. Users can customize these components by adding or removing tiles, changing layouts, filtering data, and formatting tables. Therefore, options A and D are correct. Option B is incorrect because users have more control over configuring their Springboards and Work Areas than just resizing columns. Option C is incorrect because users do not need to have the System Administrator configuring pages for them using Page Composer.


NEW QUESTION # 81
Your company has complex consolidation requirements with multiple General Ledger instances. You are using Oracle Hyperion Financial Management to consolidate the disparate General Ledgers. You can typically map segments between your General Ledger segment to a Hyperion Financial Management segment, such as Company to Entity, Department to Department, and Account to Account What happens to segments in your source General Ledger, such as Program, that cannot be mapped to Hyperion Financial Management?

Answer: B

Explanation:
When integrating with Oracle Hyperion Financial Management, you can use the following dimensions for consolidation: Entity, Scenario, Year, Period, Value, Account, Intercompany, Custom1 to Custom4, and View. You can map one to one, or concatenate segments from your source General Ledger to a single Hyperion Financial Management dimension. For example, you can map Company to Entity, Department to Department, and Account to Account. However, if you have segments in your source General Ledger that cannot be mapped to any Hyperion Financial Management dimension, such as Program, then the data is summarized across those segments. This means that the data is aggregated to the highest level of the unmapped segments, and the detail information is lost. For example, if you have Program as a segment in your source General Ledger, and you do not map it to any Hyperion Financial Management dimension, then the data is summarized by Program, and you cannot see the data by individual Program values in Hyperion Financial Management.Reference:
Example of Mapping Segments to Financial Management Dimensions
Overview of the Chart of Accounts Mapping Page


NEW QUESTION # 82
You have created an OTBI analysis with more than one view. You plan to add prompts to the report that are specific to each view.
Where should you define your prompts?

Answer: C


NEW QUESTION # 83
Which two statements are true about infotiles and infolets?

Answer: C,E

Explanation:
Infotiles and infolets are graphical components that display key information and metrics on the General Accounting dashboard. They help users access many sources of information across the enterprise in an efficient, timely, and engaging manner. Infolets can be refreshed to see up-to-date data by clicking the Refresh icon on the infolet. Infotiles have three views: Front view, which shows a summary of the most important information; Back view, which shows additional details and actions; and Expanded view, which shows a full-screen view of the infotile content.Reference:
Oracle Financials Cloud: Using General Ledger, Chapter 6: Financial Reporting and Analysis, Section: General Accounting Infolets Oracle Financials Cloud: Implement General Ledger, Chapter 1: Overview of Oracle Financials Cloud, Section: Overview of Using Infolets to Identify Issues and Prioritize Tasks


NEW QUESTION # 84
You have just been hired to add a new subsidiary to the corporate enterprise structure in the customer's Oracle Fusion Cloud.
The subsidiary will capture transaction information from subledgers in the local currency and under International Financial Reporting standards (IFRS) and local GAAP for corporate reporting requirements, which will report via the use of a secondary ledger.
The secondary ledger is used only at period end; there is no need to have real-time transaction or Journal details. It is noted that most of the accounting between IFRS and Corporate GAAP is similar.
Which conversion level would you recommend to keep a thin secondary ledger?

Answer: D

Explanation:
To keep a thin secondary ledger, you should select the balance level as the data conversion level. This means that only the ending balances of the primary ledger are copied to the secondary ledger at the end of each period. This reduces the data volume and storage requirements of the secondary ledger, as well as the processing time and resources needed to copy the data. The balance level conversion is suitable for scenarios where the accounting methods or charts of accounts are similar between the primary and secondary ledgers, and there is no need to maintain detailed journals or subledger transactions in the secondary ledger.Primary Ledgers, Secondary Ledgers, and Reporting Currencies,How Journals Are Copied from Primary to Secondary Ledgers When ...,GL Secondary Ledger Conversion Level Change


NEW QUESTION # 85
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