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Oracle 1Z0-1054-26 Exam Syllabus Topics:

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

1. An Oracle Fusion Cloud customer has a complex enterprise structure that includes multiple legal entities in multiple countries. To match the intercompany balancing requirements, all four levels of rules have been defined. In user testing, the business experts are asking which rule will be considered first when balancing an intercompany journal?

A) Chart of accounts rule
B) Primary balancing segment rule
C) Legal entity-level rule
D) Ledger-level rule

2. You are using account hierarchies for reporting and allocations.
Which two statements are true about these types of hierarchies? (Choose two.)

A) Hierarchies for reporting and allocations do not have to be published to Essbase cubes.
B) You can have only one version of a hierarchy published to the Essbase cube at any time.
C) Child values in these hierarchies can belong to only one parent.
D) Hierarchies for reporting and allocations have to be published to Essbase cubes.

3. When creating your financial statements, you want a chart such as a bar graph to be included in the report output. Which two reporting tools allow you to achieve this?

A) Account Inspector
B) Financial Statement Generator
C) Smart View
D) Financial Reporting Studio

4. Which two statements are true if a journal description rule is defined with sources?

A) The description rule can only be assigned to the journal line level.
B) The sources must also be assigned to the accounting event class that is assigned to the journal entry rule set.
C) The description rule can only be assigned to the header or line level.
D) You cannot assign journal description rules to sources.
E) The description rule may be assigned to either the header or line level, or to both.

5. You have set up asupporting reference with balancesto capturerevenue by account manager.
Which option should you use to view thesupporting reference balances?

A) General Ledger inquiries and reports
B) An OTBI analysis
C) An Account Group
D) A SmartView analysis

Solutions: