Try and practice the latest Oracle : 1Z0-1054-26 real questions & answers

Last Updated: Aug 22, 2026

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Oracle 1Z0-1054-26 Exam Syllabus Topics:

SectionObjectives
Topic 1: Journal Processing- Journal import and automation
- Recurring journals and allocations
- Journal creation and approval workflows
Topic 2: General Ledger Configuration- Chart of Accounts structure and segments
- Ledger setup and accounting configuration
- Accounting calendar and currency setup
Topic 3: Financial Reporting- Real-time reporting and analytics
- Financial Statement Generator (FSG) and reporting tools
Topic 4: Period Close and Reconciliation- Period close process in General Ledger
- Account reconciliation and balancing
Topic 5: Security and Controls- Role-based access control in General Ledger
- Audit and compliance controls

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

1. Which three Oracle Transactional Business Intelligence (OTBI) objects can be created by using the tools in the Oracle Business Intelligence (BI) catalog?

A) Analyses
B) Infolets
C) Dashboards
D) Reports
E) Infotiles


2. 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.


3. The Journal Import process pulls information from the GL Interface table to create valid, postable journal entries in General Ledger.
Which two statements are true about the Journal Import process?

A) Any error transactions from Oracle Subledgers can be easily deleted and resubmitted.
B) You can only validate and select to transfer journal data in the Summary mode.
C) The process validates all your data before it creates journal entries in General Ledger.
D) FBDI can be used to upload journal entry data from external sources into General Ledger.


4. You are defining an income statement report using Financial Reporting Web Studio. Users of the report need to be able to analyze the balances directly from the report.
What should you enable to allow this?

A) Drill Down in Report Functions
B) Allow Expansion in Report Functions
C) Drill Through in Grid Properties


5. An Oracle Fusion Cloud customer operating in the financial services sector requires only a subset of the legal entities data captured in the primary ledgers to be transferred to the secondary ledgers.
Which journal data conversion level should be selected between the primary and secondary ledgers to achieve this?

A) Adjustment only
B) Journal
C) Balance


Solutions:

Question # 1
Answer: A,C,D
Question # 2
Answer: Only visible for members
Question # 3
Answer: C,D
Question # 4
Answer: C
Question # 5
Answer: A

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