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Oracle 1Z0-1054-26 Exam Syllabus Topics:

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

1. What are the tables or views from which the Create Accounting program takes source data that is used in rules to create journal entries?

A) Transaction Objects
B) Mapping Sets
C) Accounting Attributes
D) Event Entities

2. You want to achievemulti-step cascading allocations. Which feature do you use?

A) RuleSets
B) Point of View (POV)
C) Formulas
D) General Ledger journal entries

3. Challenge 2
Manage Shorthand Aliases
Scenario
Your client intends to utilize the Shorthand Alias feature and would like to see how the aliases will appear when entering transactions.
Task 2
Create a shorthand alias for the US Chart of Accounts to record Revenue Domestic for Supremo Fitness, Line of Business 2, and US Operations Cost Center.

Note:
. Prefix your alias name with 07, where 07 is
your exam ID.
. There is no Product or Intercompany
impact.

4. Your new accountants have been making mistakes in reconciling accounts assigned to them. Your account balances have either spiked or dropped 30-40% every period due to human error. This causes delays in reconciliation.
Which feature can be used to proactively notify you of account anomalies in a more timely manner?

A) Account Monitor
B) Financial reports with embedded charts
C) Smart View
D) Account Inspector and its charts

5. You are creating an allocation rule and are unable to see the additional cost center hierarchy that you created for the allocation range.
What is the reason for this?

A) The hierarchy is not assigned to the ledger currency.
B) There can be only one hierarchy published to the Essbase cube at any time.
C) The hierarchy is not published to the GL Balances Cube.
D) The hierarchy is published to the GL Balances Cube.

Solutions: