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Oracle 1Z0-1054-26 Exam Syllabus Topics:

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

1. You have redesigned your chart of accounts and need to update your existing cross-validation rules. There is a requirement for new rules; some simply need to be updated and others need to be deleted.
What is the most efficient way to achieve this?

A) by using the Manage Cross-Validation Rules page.
B) by creating Cross-Validation Rules desktop-integrated spreadsheet.
C) by using the Manage General Ledger Security page.
D) by using Cross-Validation Rules Import file-based data import (FBDI).

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

3. After completing a business requirement mapping session, it has been decided that only single Currency Journals will be entered for this Company.
To achieve this requirement, on which two objects should you enable "Limit a Journal to a Single Currency"?
(Choose two.)

A) Ledger options
B) Journal category
C) Journal lookup codes
D) Profile option
E) Journal sources

4. 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 budget balances $90,000 USD, 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 obligation $10,000 USD and expenditure $20,000 USD only will be carried forward.
E) If you have included 5020 and 5021 in the encumbrance rule, then only the obligation of $10,000 USD will be carried forward.

5. After user acceptance testing of the new Oracle Fusion Cloud system, the company ' s accountants report that they want to be notified of anomalies in certain account balances in real time. The anomalies should include an increase or decrease that is above or below a percentage amount threshold.
What is the best way to meet this requirement?

A) Open a Smart View file saved on your desktop.
B) Perform an account analysis online.
C) Use Account Inspector.
D) Create an Account Group using Account Monitor.

Solutions: