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Oracle 1Z0-1054-26 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| General Ledger Configuration | - Ledger setup and accounting configuration - Accounting calendar and currency setup - Chart of Accounts structure and segments |
| Journal Processing | - Recurring journals and allocations - Journal import and automation - Journal creation and approval workflows |
| Security and Controls | - Role-based access control in General Ledger - Audit and compliance controls |
| Financial Reporting | - Financial Statement Generator (FSG) and reporting tools - Real-time reporting and analytics |
| Period Close and Reconciliation | - Period close process in General Ledger - Account reconciliation and balancing |
Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional Sample Questions:
Which two statements are true about infotiles and infolets?
- A. Infolets are accessed only from the News Feed home page layout.
- B. You can create your own user-defined infolets.
- C. Infotiles have Front view. Back view, and Expanded view.
- D. You can refresh infolets to see up-to-date data.
- E. Infotiles pull data from a Smart View analysis.
Correct Answer: C,D 🗳️
Explanation: Only visible for CertkingdomPDF members. You can sign-up / login (it's free).
You have configured Transaction Account Definition rules to automatically populate the Provider and Receiver distributions for your intercompany transactions. However, while testing, you find there are no distributions created.
What is the reason for this?
- A. Transaction Account Definition is not selected in System Options.
- B. Transaction Account Definition is not assigned to the ledger.
- C. Transaction Account Definition is not assigned to the Intercompany Organization.
- D. Transaction Account Definition is not assigned to the transaction type.
Correct Answer: B 🗳️
Explanation: Only visible for CertkingdomPDF members. You can sign-up / login (it's free).
Your customer has a number of Chart of Account Mapping Rules for their Primary and Secondary ledgers.
You decide to use the FBDI template to load the rules.
Which two statements are true when using this method of entry? (Choose two.)
- A. You can create, update, and delete segment rules for a chart of accounts mapping.
- B. You can create, update, and delete account rules for a chart of accounts mapping.
- C. You can download the template only from the Manage Chart of Accounts Mappings page.
- D. It supports external integration using REST services.
Correct Answer: A,B 🗳️
Explanation: Only visible for CertkingdomPDF members. You can sign-up / login (it's free).
You have three ledgers that use the same chart of accounts with one intercompany payable and one intercompany receivable account. The chart of accounts also has an intercompany segment. Each ledger has one legal entity assigned to it and each legal entity is associated with one balancing segment value.
At what level should you define the default intercompany balancing rule?
- A. Legal entity-level rule
- B. Ledger-level rule
- C. Chart of accounts rule
- D. Primary balancing segment rule
Correct Answer: C 🗳️
Explanation: Only visible for CertkingdomPDF members. You can sign-up / login (it's free).
You have a requirement to have invoices generated for certain Intercompany transactions.
Where do you enable invoicing?
- A. the transaction category
- B. the transaction batch
- C. the transaction source
- D. the transaction type
Correct Answer: D 🗳️
Explanation: Only visible for CertkingdomPDF members. You can sign-up / login (it's free).
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