• Exam Code: 1Z0-1054-26
  • Exam Name: Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional
  • Certification Provider: Oracle
  • Corresponding Certification:Oracle Cloud
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Oracle 1Z0-1054-26 Exam Syllabus Topics:

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

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

Which two are valid Data Access Set types? (Choose two.)

  • A. Primary Balancing Segment Value
  • B. Full access
  • C. Read and Write access
  • D. Full Ledger
  • E. Read Only access
Reveal Solution  Discussion  0

Correct Answer: B,E  🗳️

Explanation: Only visible for ITPassLeader members. You can sign-up / login (it's free).

You need to add new transactional attributes to the journal approval notification in an implementation project.
Which two Business Intelligence catalog objects should you copy (or customize) and edit?

  • A. Data model
  • B. Layout template
  • C. Sub template
  • D. Output type
  • E. Style template
Reveal Solution  Discussion  0

Correct Answer: A,B  🗳️

Explanation: Only visible for ITPassLeader members. You can sign-up / login (it's free).

You want your sales representatives to be able to find points of interest, such as customers, while out on business. What should you enable to achieve this?

  • A. HZ_GEO_IDENTIFIER_SUBTYPE Lookup
  • B. Address Cleansing
  • C. Validation
  • D. Geocoding
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Explanation: Only visible for ITPassLeader members. You can sign-up / login (it's free).

You entered across-validation ruleto prevent thebalance sheet cost center (000)from being used withProfit and Loss Accounts (4000-ZZZZ).
The following combinations exist in theCode Combination table:
01-000-4110-00
01-000-5299-000
01-000-5105-000
01-000-7640-00
Which two statements aretrueregardingcross-validation rules?

  • A. The rules will validate and apply tonew and existing accounts.
  • B. You need to run theCross-Validation Rule Violations processto allow rules to apply to existing combinations that violate rules.
  • C. The rules validate and apply tonew accounts only.
  • D. There is no need to create cross-validation rules ifDynamic Combination Creation Allowedis not enabled for your chart of accounts instance.
  • E. You need to run theCross-Validation Rules processto list and optionally disable combinations that violate rules.
Reveal Solution  Discussion  0

Correct Answer: A,B  🗳️

A subsidiary company is about to configure their General Ledger in a highly regulated country where there is a legal requirement to produce fiscal reports under local GAAP. Subledgers transferring to General Ledger must use the local currency, and there is a requirement to report to the parent company (not local currency) using International Financial Reporting Standards (IFRS).
Which two ledger types should be configured to fulfill this reporting requirement?

  • A. Secondary ledger with the IFRS accounting convention
  • B. Primary ledger with the local accounting convention
  • C. Primary ledger with the IFRS accounting convention
  • D. Reporting currency with the IFRS accounting convention
  • E. Reporting currency with the local accounting convention
Reveal Solution  Discussion  0

Correct Answer: A,B  🗳️

Explanation: Only visible for ITPassLeader members. You can sign-up / login (it's free).

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