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Oracle 1Z0-1054-26 Exam Syllabus Topics:

SectionObjectives
Period Close and Reconciliation- Account reconciliation and balancing
- Period close process in General Ledger
Security and Controls- Audit and compliance controls
- Role-based access control in General Ledger
Journal Processing- Recurring journals and allocations
- Journal creation and approval workflows
- Journal import and automation
General Ledger Configuration- Chart of Accounts structure and segments
- Ledger setup and accounting configuration
- Accounting calendar and currency setup
Financial Reporting- Real-time reporting and analytics
- Financial Statement Generator (FSG) and reporting tools

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

1. What are two uses of theColumn FlatteningandRow Flatteningfeatures?

A) Set the status of a tree to active.
B) Optimize parent/child relationships.
C) View information for runtime performance.
D) Verify correctness of trees.
E) Create additional versions of a tree.


2. You have created several account groups with the Display in option as Expenses.
Which setting determines the account group that will be displayed in the General Accounting infolets on your home page?

A) Access is Public
B) Set in Expenses
C) Access is Shared
D) Set as Default


3. An Oracle Fusion Cloud customer operating in the financial services sector requires only a subset of the legal entities data captured in the primary ledgers to be transferred to the secondary ledgers.
Which journal data conversion level should be selected between the primary and secondary ledgers to achieve this?

A) Journal
B) Balance
C) Adjustment only


4. You want to automatically post journal batches imported from subledger sources to prevent accidental edits or deletions of the subledger sources journals, which could cause an out-of-balance situation between your subledgers and general ledger.
Which two aspects should you consider when defining your AutoPost Criteria?

A) Use the All option for category and accounting period to reduce maintenance and ensure that all imported journals are included in the posting process.
B) Schedule your AutoPost Criteria set to run during off-peak hours only.
C) Create your AutoPost criteria using minimal sources and categories.
D) Include all of your subledger sources in the AutoPost Criteria. Divide up criteria sets by subledger source only if you need to schedule different posting times.


5. Which two infolets are used for monitoring day-to-day operations?

A) IC Transactions
B) Account Monitor
C) Close Monitor
D) Open Subledgers
E) Unallocated


Solutions:

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

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