Oracle 1Z0-1054-26 : Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional

1Z0-1054-26 real exams

Exam Code: 1Z0-1054-26

Exam Name: Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional

Updated: Aug 06, 2026

Q & A: 145 Questions and Answers

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Oracle 1Z0-1054-26 Exam Syllabus Topics:

SectionWeightObjectives
Leveraging AI/ML/Mobile and Automation Features3%- Use AI/ML/mobile and automation features for process efficiency
Implementing Ledgers15%- Ledger configuration
Implementing and Managing Journals20%- Journal configuration
- Key features and capabilities of journal processing
Enabling Redwood Capabilities2%- Enable Redwood capabilities and understand configuration impacts
Configuring Financial Reports15%- Financial report and analysis creation
  • 1. General Accounting infolets
- Financial reporting options
Processing Intercompany15%- Intercompany transaction configuration
- Intercompany transaction processing and reconciliation
Implementing Enterprise and Financial Reporting Structures15%- Configuration of Financial Reporting Structures
- Key features and capabilities of Enterprise and Financial Reporting Structures
  • 1. Chart of Accounts design
Performing Period Close15%- Period Close process overview
- Period Close configuration

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

1. After user acceptance testing of the new Oracle Fusion Cloud system, the company ' s accountants report that they want to be notified of anomalies in certain account balances in real time. The anomalies should include an increase or decrease that is above or below a percentage amount threshold.
What is the best way to meet this requirement?

A) Use Account Inspector.
B) Perform an account analysis online.
C) Create an Account Group using Account Monitor.
D) Open a Smart View file saved on your desktop.


2. Which three factors should you consider while specifying Intercompany System options?

A) Whether to allow receivers to reject intercompany transactions
B) Automatic or manual batch numbering and the maximum transaction amount
C) Whether to enforce an enterprise-wide currency or allow intercompany transactions in local currencies
D) Automatic or manual batch numbering and the minimum transaction amount
E) Approvers who will approve intercompany transactions


3. A new Oracle Fusion Cloud client needs to produce an income statement on a regular basis using Smart View.
Which Smart View tool would be best for this?

A) Query Designer
B) Smart Slices
C) Account Groups
D) Smart Queries


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


5. What are two uses of theColumn FlatteningandRow Flatteningfeatures?

A) View information for runtime performance.
B) Optimize parent/child relationships.
C) Verify correctness of trees.
D) Create additional versions of a tree.
E) Set the status of a tree to active.


Solutions:

Question # 1
Answer: C
Question # 2
Answer: A,C,D
Question # 3
Answer: A
Question # 4
Answer: B,E
Question # 5
Answer: A,B

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