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 04, 2026

Q & A: 145 Questions and Answers

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Oracle 1Z0-1054-26 Exam Syllabus Topics:

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

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

1. Which delivered role can access the full functionality of Functional Setup Manager?

A) Application Implementation Consultant
B) Application Implementation Manager
C) Any functional user
D) IT Security Manager
E) Functional Setup Manager Superuser


2. In the implementation project, there is a requirement to add new transactional attributes to the journal approval notification.
Which two Business Intelligence catalog objects should you copy (or customize) and edit? (Choose two.)

A) Output type
B) The Style Template
C) The Data Model
D) The Sub Template
E) The layout Template


3. Which two statements are true about balances cubes in General Ledger?

A) They are updated automatically when the General Ledger period is opened.
B) They are updated automatically when the Revaluation process is run.
C) New dimensions can be added to a General Ledger balances cube.
D) They are updated automatically when the Translation process is run.
E) A new balances cube is created for a unique combination of ledger and currency.


4. What type ofusermust be defined before you can create anImplementation Project?

A) A full-time employee that has the FSM Superuser role assigned
B) All roles that will be used throughout the implementation
C) Implementation Users
D) None. The OIM system administrator user ID, XELSYSADM, which is assigned by the person provisioning the system, has full access.
E) None. The Fusion Applications Superuser, FAADMIN, has full access to create an Implementation Project.


5. You need to integrateFusion Accounting Hubwithexternal source systemsused forBilling. Identify the step that isnot correctwhen implementing this integration.

A) Analyze external system transactions.
B) Create the accounting in the source system and then import the journal entries into subledger accounting.
C) Capture accounting events.
D) Determine the accounting impact of transactions.


Solutions:

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

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