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Oracle 1Z0-1054-26 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Security and Integration | - Integration with subledgers
|
| Advanced Financials Features | - Allocations and automation
|
| Accounting and Close Processes | - Financial reporting
|
| Journal Processing | - Journal creation and management
|
| General Ledger Configuration | - Enterprise structure setup for Financials
|
Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional Sample Questions:
You entered users who are bothemployees and contingent workers. You want an automated way toassign, reassign, and remove rolesfrom users. What feature do you use?
- A. Role Mappings
- B. You cannot reassign contingent workers
- C. Data Roles
- D. Oracle Identity Manager Roles Assignment
- E. Access Policy Manager ' s Role Generation
Correct Answer: A 🗳️
Which two are predefined roles in General Ledger?
- A. General Accounting Supervisor
- B. General Accounting Clerk
- C. General Accountant
- D. General Accounting Manager
Correct Answer: C,D 🗳️
You have just been hired to add a new subsidiary to the corporate enterprise structure in the customer ' s Oracle Fusion Cloud.
The subsidiary will capture transaction information from subledgers in the local currency and under International Financial Reporting standards (IFRS) and local GAAP for corporate reporting requirements, which will report via the use of a secondary ledger.
The secondary ledger is used only at period end; there is no need to have real-time transaction or Journal details. It is noted that most of the accounting between IFRS and Corporate GAAP is similar.
Which conversion level would you recommend to keep a thin secondary ledger?
- A. Sub-ledger level.
- B. Adjustment only
- C. Journal ledger
- D. Balance level
Correct Answer: D 🗳️
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You want to achievemulti-step cascading allocations. Which feature do you use?
- A. General Ledger journal entries
- B. Point of View (POV)
- C. Formulas
- D. RuleSets
Correct Answer: D 🗳️
You have enabled the ledger option "Limit a journal to a single currency." However, users are reporting that they can enter more than one currency when using the Create Journal task.
How would you resolve this issue?
- A. Enable the Limit Journal to the Single Currency option for the ledger currency.
- B. Enable the Limit Journal to the Single Currency option for the Manual category.
- C. Enable the Limit Journal to the Single Currency option for the Manual source.
- D. Enable the Limit Journal to the Single Currency option for the required currencies.
Correct Answer: C 🗳️
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