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

1Z0-1054-26 real exams

Exam Code: 1Z0-1054-26

Exam Name: Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional

Updated: Jun 28, 2026

Q & A: 125 Questions and Answers

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

1. Which two statements are true regarding the export/import of reports?

A) The export/import reports are available only for Fusion Customer Relationship Management.
B) To view errors encountered during the export or import Process, you must use SQL queries to obtain that data because no reports exist.
C) A set of reports are provided for both exported and imported setup data to validate the export/import processes and setup data.
D) Reports on setup data can be used to compare and analyze how the data might have changed over time.
E) A set of reports lists user names, suppliers, and customers that have been exported/imported.


2. Which three factors should you consider while specifying Intercompany System options?

A) Whether to allow receivers to reject intercompany transactions
B) Approvers who will approve intercompany transactions
C) Whether to enforce an enterprise-wide currency or allow intercompany transactions in local currencies
D) Automatic or manual batch numbering and the maximum transaction amount
E) Automatic or manual batch numbering and the minimum transaction amount


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, and the funds available $50,000 USD will be carried forward.
B) 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.
C) The Encumbrance Year End Carry Forward process will run for all the accounts to carry forward the general ledger balances.
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 budget balances $90,000 USD, obligation $10,000 USD, and expenditure $20,000 USD only will be carried forward.


4. You are designing an approval rule where a specific person is required to approve the journal. Which two list builders should you use to achieve this?

A) Job Level Hierarchy approval routing
B) Resource approval routing
C) Supervisory Hierarchy approval routing
D) Position Hierarchy approval routing
E) Approval Group approval routing


5. Which two allow access to the BI Catalog for creating an Oracle Transactional Business Intelligence analysis? (Choose two.)

A) Universal Content Management Workspace
B) Scheduled Processes
C) Reports and Analytics
D) Business Process Management Workspace
E) Enterprise Performance Management Workspace


Solutions:

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

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