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Oracle 1Z0-1054-26 Exam Syllabus Topics:

Section	Weight	Objectives
Topic 1: Implementing Ledgers	15%	- Ledger configuration
Topic 2: Implementing Enterprise and Financial Reporting Structures	15%	- Key features and capabilities of Enterprise and Financial Reporting Structures 1. Chart of Accounts design - Configuration of Financial Reporting Structures
Topic 3: Processing Intercompany	15%	- Intercompany transaction processing and reconciliation - Intercompany transaction configuration
Topic 4: Configuring Financial Reports	15%	- Financial report and analysis creation 1. General Accounting infolets - Financial reporting options
Topic 5: Enabling Redwood Capabilities	2%	- Enable Redwood capabilities and understand configuration impacts
Topic 6: Leveraging AI/ML/Mobile and Automation Features	3%	- Use AI/ML/mobile and automation features for process efficiency
Topic 7: Performing Period Close	15%	- Period Close configuration - Period Close process overview
Topic 8: Implementing and Managing Journals	20%	- Journal configuration - Key features and capabilities of journal processing

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Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional Sample Questions (Q27-Q32):

NEW QUESTION # 27
Budgetary control for accounts 5020 and 5021 has a budget of $90,000 USD each for the year 2012. The accounts also have balances on obligation of $10,000 USD for each and an expenditure of $20,000 USD for each.
A Fund of $50,000 USD is available for account 5020 only. You have run the Encumbrance Year End Carry Forward process for obligation from the last period of the year 2012 to the first period of year 2013.
Which statement is true?

A. The Encumbrance Year End Carry Forward process will run for all the accounts to carry forward the general ledger balances.
B. If you have included 5020 and 5021 in the encumbrance rule, then only the obligation of $10,000 USD will be carried forward.
C. If you have included 5020 and 5021 in the encumbrance rule, then budget balances $90,000 USD, obligation $10,000 USD, and expenditure $20,000 USD only will be carried forward.
D. If you have included 5020 and 5021 in the encumbrance rule, then budget balances $90,000 USD, obligation $10,000 USD, and expenditure $20,000 USD, and the funds available $50,000 USD will be carried forward.
E. If you have included 5020 and 5021 in the encumbrance rule, then obligation $10,000 USD and expenditure $20,000 USD only will be carried forward.

Answer: D

NEW QUESTION # 28
You are implementing amultipillarimplementation of bothHCM CloudandERP Cloud. You are implementingERP first, followed byHCM Cloud. You want to ensure yourledgers and chart of accountsare correctly defined.
What should you do? (Choose three.)

A. Create your chart of accounts in the following order: value sets, COA structure, and instance before assigning values to the value sets.
B. Deploy your chart of accounts.
C. Use HCM's Enterprise Structure Configurator (ESC) first.
D. Use the Rapid Implementation spreadsheet when creating your enterprise structure.
E. Use file-based spreadsheet loaders using UCM to mass load and maintain chart of accounts segment values and hierarchies.

Answer: A,C,D

NEW QUESTION # 29
What is the key functionality of Smart View in Oracle Cloud Financial Reporting?

A. It is a data visualization tool that offers a library of interactive charts and graphs for financial analysis.
B. It is an Excel based add in that integrates with Oracle Essbase GL data for performing financial analysis and reporting.
C. It is a mobile application for accessing real-time financial dashboards on smartphones and tablets.

Answer: B

NEW QUESTION # 30
You have been tasked with creating user-defined infolets to monitor key financial metrics. However, you cannot see the option to create infolets in the Infolet repository. What are the two requirements to be able to see the Create option?

A. You must activate Page Composer.
B. You must define your OTBl analyses.
C. You must be in a sandbox.
D. You must publish a sandbox.
E. You must create a dashboard.

Answer: A,C

NEW QUESTION # 31
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?

A. Role Mappings
B. Oracle Identity Manager Roles Assignment
C. Access Policy Manager's Role Generation
D. Data Roles
E. You cannot reassign contingent workers

Answer: A

NEW QUESTION # 32
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