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Oracle 1Z0-1054-26 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Enabling Redwood Capabilities | 2% | - Enable Redwood capabilities and understand configuration impacts |
| Processing Intercompany | 15% | - Intercompany transaction processing and reconciliation - Intercompany transaction configuration |
| Leveraging AI/ML/Mobile and Automation Features | 3% | - Use AI/ML/mobile and automation features for process efficiency |
| Performing Period Close | 15% | - Period Close configuration - Period Close process overview |
| Implementing and Managing Journals | 20% | - Journal configuration - Key features and capabilities of journal processing |
| Implementing Ledgers | 15% | - Ledger configuration |
| Implementing Enterprise and Financial Reporting Structures | 15% | - Key features and capabilities of Enterprise and Financial Reporting Structures
|
| Configuring Financial Reports | 15% | - Financial report and analysis creation
|
Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional Sample Questions:
Question #1
Your new accountants have been making mistakes in reconciling accounts assigned to them. Your account balances have either spiked or dropped 30-40% every period due to human error. This causes delays in reconciliation.
Which feature can be used to proactively notify you of account anomalies in a more timely manner?
A. Account Inspector and its charts
B. Account Monitor
C. Financial reports with embedded charts
D. Smart View
Question #2
You create a Trial Balance type report using Smart View. As you include all segments for the Chart of Accounts, you expect to see zero balance. Further with the Zoom Out function, you expect to see the balances in each account.
Instead, IMTSSTNG is appearing in the report output.
What is the issue with this report?
A. You have not selected a member for Currency.
B. You have not selected a member for Amount Type.
C. You have not selected a member for Balance Amount.
Question #3
Which Two are key capabilities of Account Groups within the General Accounting Dashboard?
A. Schedule reports to run automatically at selected intervals and to various destinations, such as printer or email.
B. Analyze change percentages based on defined rules and thresholds to assess whether balance variances are favorable or unfavorable.
C. Monitor key accounts automatically in real time on an exception or permanent basis.
D. Create Reports, Books, Snapshot Reports, Snapshot Books, and Financial Reporting Batches.
Question #4
In a primary ledger, under the System options, in the Close section, the " Prevent General Ledger Period Closure When Open Subledger Periods Exist " option has been selected.
For which subledger can you opt out of the Period Close Checking feature by using the ORA_GL_INCLD_STRICT_PRD_CLOSE lookup?
A. Lease Accounting
B. Order Management
C. Accounts Payable
Question #5
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. The Style Template
B. The Sub Template
C. The Data Model
D. Output type
E. The layout Template
Solutions:
| Question #1 Correct Answer: B | Question #2 Correct Answer: B | Question #3 Correct Answer: B,C | Question #4 Correct Answer: C | Question #5 Correct Answer: C,D |
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