Oracle 1Z0-1054-26 dumps - in .pdf

1Z0-1054-26 pdf
  • Exam Code: 1Z0-1054-26
  • Exam Name: Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional
  • Updated: Sep 25, 2026
  • Q & A: 145 Questions and Answers
  • PDF Price: $59.99

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  • Exam Code: 1Z0-1054-26
  • Exam Name: Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional
  • Updated: Sep 25, 2026
  • Q & A: 145 Questions and Answers
  • PDF Version + PC Test Engine + Online Test Engine
  • Value Pack Total: $119.98  $79.99
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Oracle 1Z0-1054-26 dumps - Testing Engine

1Z0-1054-26 Testing Engine
  • Exam Code: 1Z0-1054-26
  • Exam Name: Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional
  • Updated: Sep 25, 2026
  • Q & A: 145 Questions and Answers
  • Software Price: $59.99
  • Testing Engine

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Oracle 1Z0-1054-26 Exam Syllabus Topics:

SectionObjectives
Journal Processing- Journal approvals and posting
  • 1. Posting process and controls
    • 2. Approval workflows
      - Journal creation and management
      • 1. Manual journals
        • 2. Recurring journals
          Advanced Financials Features- Allocations and automation
          • 1. Allocation rules
            • 2. Automated accounting processes
              - Intercompany accounting
              • 1. Balancing and eliminations
                • 2. Intercompany transactions
                  General Ledger Configuration- Accounting configuration
                  • 1. Currency setup and revaluation
                    • 2. Accounting calendars
                      - Enterprise structure setup for Financials
                      • 1. Chart of Accounts design and setup
                        • 2. Ledger configuration
                          Accounting and Close Processes- Financial reporting
                          • 1. Financial Reporting Studio usage
                            • 2. Account analysis and reporting
                              - Period close activities
                              • 1. Subledger to GL reconciliation
                                • 2. Close monitoring and reconciliation
                                  Security and Integration- Integration with subledgers
                                  • 1. Data import and export processes
                                    • 2. AP/AR integration with GL
                                      - Role-based access control
                                      • 1. Financial roles and privileges

                                        Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional Sample Questions:

                                        Question #1

                                        Which two statements are true about the Intercompany Reconciliation report?

                                        • A. It displays the intercompany receivables and intercompany payables balances in summary for a period.
                                        • B. It includes ledger balancing lines generated when the primary balancing segment value (BSV) is in balance, but either the second or third BSVs are not.
                                        • C. It displays all clearing company balancing lines for a period.
                                        • D. It can be run using an additional currency and conversion rate that converts all amounts into a common currency for comparison.
                                        • E. You can only drill down to the General Ledger journal and then from there to the Subledger journal entry.
                                        Reveal Solution  Discussion  0

                                        Correct Answer: A,D  🗳️

                                        Explanation: Only visible for ITExamDownload members. You can sign-up / login (it's free).

                                        Question #2

                                        You are setting up Close Monitor for your organization. What is the key consideration when selecting the ledgers or ledger sets that form part of the Close Monitor hierarchy?

                                        • A. The members of the Close Monitor hierarchy must share a common Chart of Accounts and calendar.
                                        • B. The members of the Close Monitor hierarchy must all be primary ledgers or secondary ledgers.
                                        • C. The members of the Close Monitor hierarchy must all share the same accounting convention.
                                        Reveal Solution  Discussion  0

                                        Correct Answer: A  🗳️

                                        Question #3

                                        The current implementation project covers Financials (with Fixed Assets and Expenses) with operations planned in three countries (USA, Italy, and India).
                                        Which three labels are required when designing the chart of account structure for this project? (Choose three.)

                                        • A. Cost center
                                        • B. Intercompany Segment
                                        • C. Secondary Balancing
                                        • D. Natural Account
                                        • E. Primary Balancing
                                        Reveal Solution  Discussion  0

                                        Correct Answer: A,D,E  🗳️

                                        Explanation: Only visible for ITExamDownload members. You can sign-up / login (it's free).

                                        Question #4

                                        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. Chart of Accounts Rules
                                        • B. Primary Segment Rules
                                        • C. Legal Entity Rules
                                        • D. Ledger Rules
                                        Reveal Solution  Discussion  0

                                        Correct Answer: A  🗳️

                                        Question #5

                                        Your userforgot the password. How do you resolve this?

                                        • A. Log in to the user ' s machine as an Administrator and change the password from the login password.
                                        • B. Create a new user ID and password for the user.
                                        • C. Use the Manage Users page to update the user ' s information and change the password.
                                        • D. Use Access Policy Manager (APM) to reset the user ' s password.
                                        • E. Use Oracle Identity Management (OIM) to reset the user ' s password.
                                        Reveal Solution  Discussion  0

                                        Correct Answer: E  🗳️

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