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

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Oracle 1Z0-1054-26 Exam Syllabus Topics:

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

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

2. What is the key function of currency revaluation?

A) Measuring the current financial transactions that are denominated or stated in an accounting (local) currency into the functional currency of the entity
B) Adjusting the accounted value of foreign currency denominated balances according to current conversion rates
C) Converting the accounted balances from one currency to another target currency

3. You have exported data from your budgeting application into a .csv file.
What should you use to load that data into General Ledger?

A) File-based data import
B) Application Developer Framework desktop integrator
C) Budget journal spreadsheet
D) Enterprise Resource Budget Integrator

4. 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

5. Your organization has frequent fund transfers between entities to meet working capital requirements and address internal financing needs. You decide to use the Multitier Intercompany functionality to address those needs.
Which two components of Multitier Intercompany need to be created to generate an intercompany transaction for General Ledger?

A) Intercompany Customer Supplier Association
B) Intercompany Receivables Assignment
C) Transaction Account Definition
D) Intercompany Agreement
E) Intercompany Transfer Authorization

Solutions: