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Oracle 1Z0-1054-26 Exam Syllabus Topics:

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

1. A company implementing Oracle General Ledger has a business requirement to report under two accounting conventions and is considering setting up a primary and secondary ledger. The two accounting standards are very close.
Which data conversion level should you recommend to ensure only manual journals will be entered in the secondary ledger?

A) Subledger level
B) Adjustment only level
C) FBDI level
D) Balance level
E) Journal level

2. You create a Trial Balance type report using Smart View. As you include all segments for the Chart of Accounts, you expect to see zero balance. Further with the Zoom Out function, you expect to see the balances in each account.
Instead, IMTSSTNG is appearing in the report output.
What is the issue with this report?

A) You have not selected a member for Balance Amount.
B) You have not selected a member for Currency.
C) You have not selected a member for Amount Type.

3. You want your sales representatives to be able to find points of interest, such as customers, while out on business. What should you enable to achieve this?

A) Address Cleansing
B) Geocoding
C) Validation
D) HZ_GEO_IDENTIFIER_SUBTYPE Lookup

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

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

5. You need to integrateFusion Accounting Hubwithexternal source systemsused forBilling. Identify the step that isnot correctwhen implementing this integration.

A) Determine the accounting impact of transactions.
B) Create the accounting in the source system and then import the journal entries into subledger accounting.
C) Capture accounting events.
D) Analyze external system transactions.

Solutions: