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Updated: Aug 07, 2026

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Oracle 1Z0-1054-26 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional
Exam Number:1Z0-1054-26
Exam Format:Multiple Choice, Multiple Response
Available Languages:English
Related Certifications:Oracle Fusion Cloud Financials Implementation Professional
Exam Duration:120 minutes
Recommended Training:Oracle University Training - Fusion Financials
Exam Registration:Oracle Certification Portal
Pearson VUE Oracle Exams
Sample Questions:Oracle 1Z0-1054-26 Sample Questions
Exam Way:Online proctored or onsite via Pearson VUE testing centers
Pre Condition:Recommended experience with Oracle Fusion Cloud Financials and General Ledger implementation concepts.
Official Syllabus URL:https://education.oracle.com

Oracle 1Z0-1054-26 Exam Syllabus Topics:

SectionObjectives
Financial Reporting- Real-time reporting and analytics
- Financial Statement Generator (FSG) and reporting tools
Security and Controls- Role-based access control in General Ledger
- Audit and compliance controls
General Ledger Configuration- Ledger setup and accounting configuration
- Chart of Accounts structure and segments
- Accounting calendar and currency setup
Journal Processing- Journal import and automation
- Recurring journals and allocations
- Journal creation and approval workflows
Period Close and Reconciliation- Account reconciliation and balancing
- Period close process in General Ledger

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

1. TheDelete Translated Balancesprocess provides the ability to completely reset translations in the event thatsignificant changesare made to the accounting configuration.
Once the deletion process completes, what additional process must you run?

A) Submit the Create Currency Dimension Members process to ensure that the balances cube maintains translated balances that are consistent with future translations.
B) Submit the Create General Ledger Balances Cube process to ensure that the balances cube maintains translated balances that are consistent with future translations.
C) Submit the Update General Ledger Balances Cube process to ensure that the balances cube maintains translated balances that are consistent with future translations.
D) Submit the Create Scenario Dimension Members process to ensure that the balances cube maintains translated balances that are consistent with future translations.


2. Which Two are key capabilities of Account Groups within the General Accounting Dashboard?

A) Schedule reports to run automatically at selected intervals and to various destinations, such as printer or email.
B) Analyze change percentages based on defined rules and thresholds to assess whether balance variances are favorable or unfavorable.
C) Create Reports, Books, Snapshot Reports, Snapshot Books, and Financial Reporting Batches.
D) Monitor key accounts automatically in real time on an exception or permanent basis.


3. You have been tasked with creating user-defined infolets to monitor key financial metrics. However, you cannot see the option to create infolets in the Infolet repository. What are the two requirements to be able to see the Create option?

A) You must publish a sandbox.
B) You must define your OTBl analyses.
C) You must be in a sandbox.
D) You must create a dashboard.
E) You must activate Page Composer.


4. Which two statements areTRUEregarding theBalances CubesinGeneral Ledger?

A) They are updated automatically when the Translation process is run.
B) They are updated automatically when the Revaluation process is run.
C) A new Balances Cube is created for a unique combination of Ledger and Currency.
D) They are updated automatically when the General Ledger period is opened.
E) New dimensions can be added to a General Ledger Balances Cube.


5. You are setting upClose Monitor, which comprises aledger set hierarchy definition.
Which two components of theenterprise structureshould the ledgers in the ledger set share?

A) Chart of Accounts
B) Accounting Calendar
C) Chart of Accounts, Currency, Accounting Calendar, and Subledger Accounting Method
D) Legal Entities, Business Units, and Chart of Accounts
E) Chart of Accounts and Business Units


Solutions:

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

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