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

1Z0-1054-26 actual test
  • Exam Code: 1Z0-1054-26
  • Exam Name: Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional
  • Updated: Jul 15, 2026
  • Q & A: 145 Questions and Answers
  • PDF Demo
  • PC Test Engine
  • Online Test Engine
  • Total Price: $59.99  

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

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

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


2. Your subsidiaries and your corporate ledger all have different Charts of Accounts and different calendars.
Apart from that, the consolidation process is straightforward.
What consolidation option would you recommend?

A) Secondary Ledger
B) Oracle Hyperion Financial Management
C) Balance Transfer Consolidation
D) Reporting Currency


3. Budgetary control for accounts 5020 and 5021 has a budget of $90,000 USD each for the year 2012. The accounts also have balances on obligation of $10,000 USD for each and an expenditure of $20,000 USD for each.
A Fund of $50,000 USD is available for account 5020 only. You have run the Encumbrance Year End Carry Forward process for obligation from the last period of the year 2012 to the first period of year 2013.
Which statement is true?

A) If you have included 5020 and 5021 in the encumbrance rule, then budget balances $90,000 USD, obligation $10,000 USD, and expenditure $20,000 USD only will be carried forward.
B) The Encumbrance Year End Carry Forward process will run for all the accounts to carry forward the general ledger balances.
C) If you have included 5020 and 5021 in the encumbrance rule, then budget balances $90,000 USD, obligation $10,000 USD, and expenditure $20,000 USD, and the funds available $50,000 USD will be carried forward.
D) If you have included 5020 and 5021 in the encumbrance rule, then only the obligation of $10,000 USD will be carried forward.
E) If you have included 5020 and 5021 in the encumbrance rule, then obligation $10,000 USD and expenditure $20,000 USD only will be carried forward.


4. 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 Statement Generator
B) Account Inspector
C) Smart View
D) Financial Reporting Studio


5. 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 as Default
C) Set in Expenses
D) Access is Shared


Solutions:

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

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