Oracle 1Z0-1054-26 : Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional

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Oracle 1Z0-1054-26 Exam Syllabus Topics:

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

Question #1
Your ledger currency is USD. At month end you have a balance on the Accounts Payable Liability Account of
100,000 Euros which is equivalent to USD 136,550. This balance needs to be revalued.
The month end exchange rate for revaluation is 1 Euro = 1.3755 USD.
What two statements are true for the resulting revaluation run? (Choose two.)

A. The original journal entry in Euros remains the same.
B. You have an unrealized exchange loss recorded.
C. The original journal entry in Euros is updated.
D. You have an unrealized exchange gain recorded.
E. There is no unrealized exchange gain or loss calculated.

Question #2
In which two ways can your users personalize the Springboards and Work Areas to suit their individual working styles? (Choose two.)

A. They can format certain tables by hiding and showing columns, moving columns, and resizing columns
B. They can use "+" under the Apps section of the News Feed homepage
C. Users have very little control configuring their Springboards and Work Areas; they can only resize columns
D. They can have the System Administrator configuring pages for them using Page Composer

Question #3
What are two uses of theColumn FlatteningandRow Flatteningfeatures?

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

Question #4
The current implementation project covers Financials (with Fixed Assets and Expenses) with operations planned in three countries (USA, Italy, and India).
Which three labels are required when designing the chart of account structure for this project? (Choose three.)

A. Primary Balancing
B. Intercompany Segment
C. Secondary Balancing
D. Cost center
E. Natural Account

Question #5
A company implementing Oracle General Ledger has a business requirement to report under two accounting conventions and is considering setting up a primary and secondary ledger. The two accounting standards are very close.
Which data conversion level should you recommend to ensure only manual journals will be entered in the secondary ledger?

A. Subledger level
B. Adjustment only level
C. Journal level
D. Balance level
E. FBDI level

Solutions: