Exam 1Z0-1054-26 Answers - New 1Z0-1054-26 Exam Sample

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Oracle 1Z0-1054-26 Exam Syllabus Topics:

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

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Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional Sample Questions (Q93-Q98):

NEW QUESTION # 93
Which two statements are true about balances cubes in General Ledger?

Answer: B,C

Explanation:
Balances cubes are multidimensional databases that store financial balances for interactive reporting and analysis. A balances cube is created for each unique combination of ledger and currency, and it contains dimensions such as chart of accounts segments, periods, scenarios, and other user-defined attributes. New dimensions can be added to a balances cube by using the Manage Balances Cube Dimensions task in General Ledger. Balances cubes are updated automatically when journals are posted in General Ledger, and they can also be refreshed manually by using the Refresh Balances Cube task. Balances cubes are not affected by the Translation or Revaluation processes, as these processes only update the balances tables in General Ledger. References:
Overview of Oracle General Ledger Balances Cubes1
Considerations for General Ledger Balances Cubes2
Overview of Oracle Essbase Balances Cubes3


NEW QUESTION # 94
You need to add new transactional attributes to the journal approval notification in an implementation project. Which two Business Intelligence catalog objects should you copy (or customize) and edit?

Answer: B,C

Explanation:
To modify the journal approval notification, you need to copy (or customize) and edit the layout template and the data model of the Analytics Publisher report. The layout template defines the appearance and content of the notification, such as the text, fields, tables, and images. The data model defines the data sources and queries that provide the data for the notification, such as the journal attributes, amounts, and statuses. You can use Template Builder for Word to edit the layout template and Analytics Publisher to edit the data model. You also need to download the Workflow Notification Subtemplate, which is a common subtemplate that contains the header and footer of the notification. You can preview the modified notification using the subtemplate and the data model.Reference:
Modify Journal Approval Notifications with Analytics Publisher
[Creating Analytics and Reports for Financials Cloud]


NEW QUESTION # 95
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.)

Answer: B,D


NEW QUESTION # 96
You attempt to activate a tree version, but the audit process fails. In which two ways can you resolve this?

Answer: D,E


NEW QUESTION # 97
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: A,B,D


NEW QUESTION # 98
......

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