Oracle 1Z0-1054-26 : Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional

Exam Code: 1Z0-1054-26

Exam Name: Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional

Updated: Jun 22, 2026

Q & A: 125 Questions and Answers

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

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


2. After user acceptance testing of the new Oracle Fusion Cloud system, the company's accountants report that they want to be notified of anomalies in certain account balances in real time. The anomalies should include an increase or decrease that is above or below a percentage amount threshold.
What is the best way to meet this requirement?

A) Use Account Inspector.
B) Perform an account analysis online.
C) Create an Account Group using Account Monitor.
D) Open a Smart View file saved on your desktop.


3. You have set up asupporting reference with balancesto capturerevenue by account manager.
Which option should you use to view thesupporting reference balances?

A) A SmartView analysis
B) General Ledger inquiries and reports
C) An OTBI analysis
D) An Account Group


4. You need to add new transactional attributes to the journal approval notification in an implementation project. Which two Business Intelligence catalog objects should you copy (or customize) and edit?

A) Layout template
B) Sub template
C) Output type
D) Style template
E) Data model


5. When creating your financial statements, you want a chart such as a bar graph to be included in the report output. Which two reporting tools allow you to achieve this?

A) Account Inspector
B) Financial Reporting Studio
C) Financial Statement Generator
D) Smart View


Solutions:

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

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