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Oracle 1Z0-1054-26 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Processing Intercompany | 15% | - Intercompany transaction configuration - Intercompany transaction processing and reconciliation |
| Implementing and Managing Journals | 20% | - Key features and capabilities of journal processing - Journal configuration |
| Leveraging AI/ML/Mobile and Automation Features | 3% | - Use AI/ML/mobile and automation features for process efficiency |
| Implementing Enterprise and Financial Reporting Structures | 15% | - Key features and capabilities of Enterprise and Financial Reporting Structures
|
| Performing Period Close | 15% | - Period Close process overview - Period Close configuration |
| Configuring Financial Reports | 15% | - Financial reporting options - Financial report and analysis creation
|
| Enabling Redwood Capabilities | 2% | - Enable Redwood capabilities and understand configuration impacts |
| Implementing Ledgers | 15% | - Ledger configuration |
Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional Sample Questions:
You have redesigned your chart of accounts and need to update your existing cross-validation rules. There is a requirement for new rules; some simply need to be updated and others need to be deleted.
What is the most efficient way to achieve this?
- A. by using the Manage Cross-Validation Rules page.
- B. by creating Cross-Validation Rules desktop-integrated spreadsheet.
- C. by using Cross-Validation Rules Import file-based data import (FBDI).
- D. by using the Manage General Ledger Security page.
Correct Answer: C 🗳️
Explanation: Only visible for ActualPDF members. You can sign-up / login (it's free).
When creating your financial statements, you want a chart such as a bar graph to be included in the report output. Which two reporting tools allow you to achieve this?
- A. Account Inspector
- B. Financial Reporting Studio
- C. Smart View
- D. Financial Statement Generator
Correct Answer: B,C 🗳️
Explanation: Only visible for ActualPDF members. You can sign-up / login (it's free).
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 Monitor
- B. Financial reports with embedded charts
- C. Account Inspector and its charts
- D. Smart View
Correct Answer: A 🗳️
What is the role of the OTBI Reporting tool in Oracle Cloud Financial Reporting?
- A. It allows users to perform spreadsheet-based multidimensional analysis from Microsoft Excel.
- B. It allows users to generate ad hoc reports, analyze financial data, and create user-defined analytics directly from the transaction tables.
- C. It allows users to create, manage, and deliver high-fidelity, pixel-perfect reports and documents that can be scheduled to run at specific intervals.
- D. It allows users to design boardroom-ready financial statements, ensuring compliance with regulatory accounting standards.
Correct Answer: B 🗳️
Explanation: Only visible for ActualPDF members. You can sign-up / login (it's free).
You have exported data from your budgeting application into a .csv file.
What should you use to load that data into General Ledger?
- A. Application Developer Framework desktop integrator
- B. Enterprise Resource Budget Integrator
- C. Budget journal spreadsheet
- D. File-based data import
Correct Answer: D 🗳️
