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Oracle 1Z0-1054-26 Exam Syllabus Topics:

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

Question 1

There is a business requirement for a subsidiary company to report to the parent company on a monthly basis.
Given that:
The subsidiary is in another country from the parent.
There is no requirement to have daily balances.
The objective is to minimize the data stored in the reporting currency.
Which data conversion level should you recommend?

A. Spreadsheet level
B. Balances Level
C. Journal Level
D. Adjustment only level
E. Subledger level

Question 2

You have created several account groups with the Display in option as Expenses.
Which setting determines the account group that will be displayed in the General Accounting infolets on your home page?

A. Set as Default
B. Set in Expenses
C. Access is Shared
D. Access is Public

Question 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.

Question 4

You are using Oracle General Ledger (GL), Oracle Payables, and Oracle Receivables and you want to prevent the closure of the GL period if the corresponding subledger period is not closed. How do you achieve this?

A. Opt in to the Prevent Period Close option for the offering.
B. You don ' t have to do anything; this option is enabled automatically.
C. Set the ORA_GLJNCLD_STRICT_PRD_CLOSE profile option to yes.
D. Set the relevant option on the Specify Ledger Options page.

Question 5

You are creating a journal approval rule and need to assign the approval to multiple controllers in parallel.
Which assignee type should you use?

A. Parallel
B. Serial
C. FYI
D. Single

Solutions: