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Oracle 1Z0-1054-26 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: General Ledger Configuration | - Enterprise structure setup for Financials
|
| Topic 2: Security and Integration | - Integration with subledgers
|
| Topic 3: Advanced Financials Features | - Allocations and automation
|
| Topic 4: Accounting and Close Processes | - Financial reporting
|
| Topic 5: Journal Processing | - Journal approvals and posting
|
Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional Sample Questions:
You have been tasked with creating user-defined infolets to monitor key financial metrics. However, you cannot see the option to create infolets in the Infolet repository. What are the two requirements to be able to see the Create option?
- A. You must activate Page Composer.
- B. You must define your OTBl analyses.
- C. You must be in a sandbox.
- D. You must publish a sandbox.
- E. You must create a dashboard.
Correct Answer: A,C 🗳️
Which three factors should you consider while specifying Intercompany System options?
- A. Automatic or manual batch numbering and the minimum transaction amount
- B. Whether to allow receivers to reject intercompany transactions
- C. Whether to enforce an enterprise-wide currency or allow intercompany transactions in local currencies
- D. Approvers who will approve intercompany transactions
- E. Automatic or manual batch numbering and the maximum transaction amount
Correct Answer: A,B,C 🗳️
Explanation: Only visible for TestValid members. You can sign-up / login (it's free).
You have created a batch of journals that you need to review before they are posted. How can you prevent this batch from being picked up when the automatic posting process is run?
- A. Leave the batch status as Unfinished.
- B. Leave the batch status as Posted.
- C. Leave the batch status as Complete.
- D. Leave the batch status as Incomplete.
Correct Answer: D 🗳️
Explanation: Only visible for TestValid members. You can sign-up / login (it's free).
Where would you enable Dynamic Combination Creation if you want account combinations to be created automatically?
- A. Chart of Accounts hierarchy
- B. Code Combination table
- C. Chart of Accounts instance
- D. Chart of Accounts structure
Correct Answer: C 🗳️
Explanation: Only visible for TestValid members. You can sign-up / login (it's free).
Which two statements are true regarding the Translation process? (Choose two.)
- A. If necessary, before submitting the Translation process, the Revaluation process should be completed.
- B. The Translation process should be run before posting Period Close adjustment entries.
- C. Any resulting offset from the translation is entered in the Cumulative Translation Adjustment account.
- D. The Translation process can only be used to translate balance sheet accounts.
- E. The Translation process can only be used for translating the balances of Secondary ledgers.
Correct Answer: A,C 🗳️
Explanation: Only visible for TestValid members. You can sign-up / login (it's free).
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