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

  • Exam Code: 1Z0-1054-26
  • Exam Name: Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional
  • Updated: Jun 20, 2026
  • Q & A: 125 Questions and Answers

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

1. Which three are considered legal jurisdictions?

A) State
B) Identifying Zone
C) Group of Countries
D) Post Code
E) Single Country


2. On a primary ledger in Use system options close section, the following field has been selected:
'Prevent General Ledger Period Close When Open Subledger Periods Exist'.
What three exceptions will prevent closing of the accounting period?

A) No pending transaction in the General Ledger Interface table
B) Pending Intercompany Transactions
C) Intercompany Transactions are completed
D) Pending Transaction in General Ledger Interface


3. Which two statements are true about infotiles and infolets?

A) You can create your own user-defined infolets.
B) Infotiles have Front view. Back view, and Expanded view.
C) Infolets are accessed only from the News Feed home page layout.
D) Infotiles pull data from a Smart View analysis.
E) You can refresh infolets to see up-to-date data.


4. You are using the Create Budgets in a Spreadsheet option to load your budget balances into the General Ledger balances cube. Your FYXX Budget is not appearing in the Budget Name list of values.
What are two reasons for this?

A) Budgeting is not enabled in the Ledger options.
B) Publish Chart of Accounts Dimension Members and Hierarchies to the Balances Cube has not been run.
C) Transfer Budget Balances to Budget Cubes has not been run.
D) A value for the budget scenario is not created.
E) The Create Scenario Dimension Members program has not been run.


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

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


Solutions:

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

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