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Oracle 1Z0-1054-26 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Period Close and Reconciliation | - Period close process in General Ledger - Account reconciliation and balancing |
| Topic 2: Security and Controls | - Role-based access control in General Ledger - Audit and compliance controls |
| Topic 3: Financial Reporting | - Real-time reporting and analytics - Financial Statement Generator (FSG) and reporting tools |
| Topic 4: Journal Processing | - Recurring journals and allocations - Journal import and automation - Journal creation and approval workflows |
| Topic 5: General Ledger Configuration | - Chart of Accounts structure and segments - Accounting calendar and currency setup - Ledger setup and accounting configuration |
Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional Sample Questions:
The Cloud Client wants to add a global branding logo and more predefined transactional attributes to the journal approval email notification.
Which two Business Intelligence catalog objects should you copy (or customize) and edit? (Choose two.)
- A. The Sub_Template
- B. The Data Model
- C. Output type
- D. The layout-Template
- E. The Data Source
Correct Answer: B,D 🗳️
Explanation: Only visible for DumpTorrent members. You can sign-up / login (it's free).
You need to set up a calendar for the year Apr-XX to Mar-YY where YY is the following year, and you would like the periods to be named according to the year they fall in.
What format should you choose?
- A. Period
- B. Year
- C. Calendar Year
- D. Fiscal Year
Correct Answer: D 🗳️
Explanation: Only visible for DumpTorrent members. You can sign-up / login (it's free).
You are using theCreate Budgets in a Spreadsheetoption toload your budget balancesinto theGL balances cube. YourFYXX Budgetis not appearing in theBudget Namelist of values.
Which two are the reasons for this?
- A. The Transfer Budget Balances to Budget Cubes has not been run.
- B. The Publish Chart of Accounts Dimension Members and Hierarchies to the Balances Cube has not been run.
- C. Budgeting has not been enabled in the ledger options.
- D. The Create Scenario Dimension Members program has not been run.
- E. A value for the budget scenario has not been created.
Correct Answer: D,E 🗳️
You are planning to use Financial Reporting Web Studio to create your income statement and balance sheet reports.
Which report component allows you to connect with GL Balances Cube?
- A. Point of View
- B. Grid
- C. Object Browser
- D. Design Canvas
Correct Answer: B 🗳️
Your organization has implemented a global Chart of Accounts, which is used by all ledgers. It has the following segments: Company, Department, Account, Intercompany and Future.
Your business practice allows for one intercompany receivable natural account and one intercompany payable natural account.
What is the minimum level for configuring intercompany balancing rules?
- A. Primary Segment Rules
- B. Legal Entity Rules
- C. Ledger Rules
- D. Chart of Accounts Rules
Correct Answer: D 🗳️
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