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Oracle 1Z0-1054-26 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Performing Period Close15%- Period Close configuration
- Period Close process overview
Topic 2: Enabling Redwood Capabilities2%- Enable Redwood capabilities and understand configuration impacts
Topic 3: Configuring Financial Reports15%- Financial report and analysis creation
  • 1. General Accounting infolets
- Financial reporting options
Topic 4: Implementing Enterprise and Financial Reporting Structures15%- Configuration of Financial Reporting Structures
- Key features and capabilities of Enterprise and Financial Reporting Structures
  • 1. Chart of Accounts design
Topic 5: Implementing and Managing Journals20%- Journal configuration
- Key features and capabilities of journal processing
Topic 6: Processing Intercompany15%- Intercompany transaction configuration
- Intercompany transaction processing and reconciliation
Topic 7: Implementing Ledgers15%- Ledger configuration
Topic 8: Leveraging AI/ML/Mobile and Automation Features3%- Use AI/ML/mobile and automation features for process efficiency

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

1. What describes a legal jurisdiction?

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


2. Your organization has frequent fund transfers between entities to meet working capital requirements and address internal financing needs. You decide to use the Multitier Intercompany functionality to address those needs.
Which two components of Multitier Intercompany need to be created to generate an intercompany transaction for General Ledger?

A) Intercompany Receivables Assignment
B) Intercompany Agreement
C) Intercompany Transfer Authorization
D) Transaction Account Definition
E) Intercompany Customer Supplier Association


3. An Oracle Fusion Cloud customer operating in the financial services sector requires only a subset of the legal entities data captured in the primary ledgers to be transferred to the secondary ledgers.
Which journal data conversion level should be selected between the primary and secondary ledgers to achieve this?

A) Adjustment only
B) Journal
C) Balance


4. 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) Users have very little control configuring their Springboards and Work Areas; they can only resize columns
C) They can have the System Administrator configuring pages for them using Page Composer
D) They can use "+" under the Apps section of the News Feed homepage


5. You have created an OTBI analysis with more than one view. You plan to add prompts to the report that are specific to each view.
Where should you define your prompts?

A) Prompts Tab
B) Analysis Properties
C) View Selector
D) Compound Layout


Solutions:

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

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