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Oracle 1Z0-1054-26 Exam Syllabus Topics:

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

1. You need to set up a calendar for the year Apr-XX to Mar-YY where YY is the following year, and you would like the periods to be named according to the year they fall in.
What format should you choose?

A) Period
B) Calendar Year
C) Year
D) Fiscal Year

2. You have a requirement to have invoices generated for certain Intercompany transactions.
Where do you enable invoicing?

A) the transaction source
B) the transaction batch
C) the transaction category
D) the transaction type

3. Your subsidiaries and your corporate ledger all have different Charts of Accounts and different calendars.
Apart from that, the consolidation process is straightforward.
What consolidation option would you recommend?

A) Balance Transfer Consolidation
B) Reporting Currency
C) Secondary Ledger
D) Oracle Hyperion Financial Management

4. You already ranTranslation, but a last-minuteadjusting journal entryin yourledger currencywas entered after you consolidated your results.
What does Oracle considerbest practicewhen this occurs?

A) Translate only the adjusting journal entry.
B) Enter another adjusting journal entry in the target currency to true up the balances.
C) Rerun Translation and then reconsolidate your results.
D) Rerun Revaluation and then rerun Translation.

5. Which two are predefined roles in General Ledger?

A) General Accountant
B) General Accounting Manager
C) General Accounting Clerk
D) General Accounting Supervisor

Solutions: