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  • Exam Code: 1Z0-1054-26
  • Exam Name: Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional
  • Updated: Sep 28, 2026
  • Q & A: 145 Questions and Answers
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  • Exam Code: 1Z0-1054-26
  • Exam Name: Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional
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Oracle 1Z0-1054-26 Exam Syllabus Topics:

SectionObjectives
Topic 1: General Ledger Configuration- Enterprise structure setup for Financials
  • 1. Chart of Accounts design and setup
    • 2. Ledger configuration
      - Accounting configuration
      • 1. Accounting calendars
        • 2. Currency setup and revaluation
          Topic 2: Advanced Financials Features- Allocations and automation
          • 1. Allocation rules
            • 2. Automated accounting processes
              - Intercompany accounting
              • 1. Intercompany transactions
                • 2. Balancing and eliminations
                  Topic 3: Security and Integration- Role-based access control
                  • 1. Financial roles and privileges
                    - Integration with subledgers
                    • 1. AP/AR integration with GL
                      • 2. Data import and export processes
                        Topic 4: Journal Processing- Journal approvals and posting
                        • 1. Approval workflows
                          • 2. Posting process and controls
                            - Journal creation and management
                            • 1. Recurring journals
                              • 2. Manual journals
                                Topic 5: Accounting and Close Processes- Financial reporting
                                • 1. Account analysis and reporting
                                  • 2. Financial Reporting Studio usage
                                    - Period close activities
                                    • 1. Subledger to GL reconciliation
                                      • 2. Close monitoring and reconciliation

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

                                        Question #1

                                        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. Financial Reporting Studio
                                        • B. Account Inspector
                                        • C. Financial Statement Generator
                                        • D. Smart View
                                        Reveal Solution  Discussion  0

                                        Correct Answer: A,D  🗳️

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

                                        Question #2

                                        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. Smart View
                                        • D. Financial reports with embedded charts
                                        Reveal Solution  Discussion  0

                                        Correct Answer: B  🗳️

                                        Question #3

                                        What describes a legal jurisdiction?

                                        • A. It represents a legal employer used for payroll reporting.
                                        • B. It has the power to make laws and levy and collect fees and taxes.
                                        • C. It is a recognized party with rights and responsibilities given by legislation.
                                        • D. Its legislation applies to a group of countries or a single country, state, county, or parish.
                                        Reveal Solution  Discussion  0

                                        Correct Answer: D  🗳️

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

                                        Question #4

                                        You are planning to use Financial Reporting Web Studio to create your income statement and balance sheet reports.
                                        Which report component allows you to connect with GL Balances Cube?

                                        • A. Object Browser
                                        • B. Design Canvas
                                        • C. Grid
                                        • D. Point of View
                                        Reveal Solution  Discussion  0

                                        Correct Answer: C  🗳️

                                        Question #5

                                        Which two statements are true about infotiles and infolets?

                                        • A. Infotiles pull data from a Smart View analysis.
                                        • B. You can refresh infolets to see up-to-date data.
                                        • C. Infotiles have Front view. Back view, and Expanded view.
                                        • D. Infolets are accessed only from the News Feed home page layout.
                                        • E. You can create your own user-defined infolets.
                                        Reveal Solution  Discussion  0

                                        Correct Answer: B,C  🗳️

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

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