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

  • Exam Code: 1Z0-1054-26
  • Exam Name: Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional
  • Updated: Aug 04, 2026
  • Q & A: 145 Questions and Answers

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Oracle 1Z0-1054-26 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Performing Period Close15%- Period Close process overview
- Period Close configuration
Topic 2: Processing Intercompany15%- Intercompany transaction processing and reconciliation
- Intercompany transaction configuration
Topic 3: Implementing and Managing Journals20%- Journal configuration
- Key features and capabilities of journal processing
Topic 4: Leveraging AI/ML/Mobile and Automation Features3%- Use AI/ML/mobile and automation features for process efficiency
Topic 5: Enabling Redwood Capabilities2%- Enable Redwood capabilities and understand configuration impacts
Topic 6: Implementing Ledgers15%- Ledger configuration
Topic 7: Configuring Financial Reports15%- Financial reporting options
- Financial report and analysis creation
  • 1. General Accounting infolets
Topic 8: 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

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

1. You have created an OTBI analysis with more than one view. You plan to add prompts to the report that are specific to each view.
Where should you define your prompts?

A) Compound Layout
B) View Selector
C) Analysis Properties
D) Prompts Tab


2. Which two allow access to the BI Catalog for creating an Oracle Transactional Business Intelligence analysis?
(Choose two.)

A) Scheduled Processes
B) Universal Content Management Workspace
C) Business Process Management Workspace
D) Reports and Analytics
E) Enterprise Performance Management Workspace


3. You are using the Create Budgets in a Spreadsheet option to load your budget balances into the General Ledger balances cube. Your FYXX Budget is not appearing in the Budget Name list of values.
What are two reasons for this?

A) Transfer Budget Balances to Budget Cubes has not been run.
B) Publish Chart of Accounts Dimension Members and Hierarchies to the Balances Cube has not been run.
C) Budgeting is not enabled in the Ledger options.
D) A value for the budget scenario is not created.
E) The Create Scenario Dimension Members program has not been run.


4. You are setting up Close Monitor and want to view high-level profit and loss results for each ledger.
What should you associate with the ledger set to achieve this?

A) Account group
B) Financial Reporting Web Studio report
C) Trial Balance report
D) OTBI report


5. You want toprevent intercompany transactionsfrom being entered during thelast day of the close. What should you do?

A) Close all subledger periods.
B) Close the General Ledger period in the Manage Accounting Periods page.
C) Close Intercompany periods in Fusion Intercompany.
D) Freeze the Intercompany Journal source in General Ledger.


Solutions:

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

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