Prepare with Oracle 1Z0-1054-26 exam practice material, pass for sure

Updated: Aug 18, 2026

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Oracle 1Z0-1054-26 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional
Exam Number:1Z0-1054-26
Exam Format:Multiple Choice, Hands-on Performance-based
Available Languages:English
Certificate Validity Period:2 years
Exam Price:USD 245
Passing Score:68%
Real Exam Qty:36
Exam Duration:90 minutes
Related Certifications:Oracle Fusion Cloud Financials: General Ledger Certified Implementation Specialist
Recommended Training:Become a Certified Financials - General Ledger Implementer
Exam Registration:Oracle University Exam Registration
Sample Questions:Oracle 1Z0-1054-26 Sample Questions
Exam Way:Online proctored or onsite at Oracle testing centers
Pre Condition:No prerequisites required. Candidates with valid/lapsed 2019+ General Ledger implementation certifications qualify for free Delta exam.
Official Syllabus URL:https://education.oracle.com/ouexam-pexam_1z0-1054-26/pexam_1Z0-1054-26

Oracle 1Z0-1054-26 Exam Syllabus Topics:

SectionWeightObjectives
Processing Intercompany15%- Intercompany transaction processing and reconciliation
- Intercompany transaction configuration
Implementing and Managing Journals20%- Journal configuration
- Key features and capabilities of journal processing
Leveraging AI/ML/Mobile and Automation Features3%- Use AI/ML/mobile and automation features for process efficiency
Configuring Financial Reports15%- Financial reporting options
- Financial report and analysis creation
  • 1. General Accounting infolets
Implementing Ledgers15%- Ledger configuration
Enabling Redwood Capabilities2%- Enable Redwood capabilities and understand configuration impacts
Implementing Enterprise and Financial Reporting Structures15%- Key features and capabilities of Enterprise and Financial Reporting Structures
  • 1. Chart of Accounts design
- Configuration of Financial Reporting Structures
Performing Period Close15%- Period Close configuration
- Period Close process overview

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

1. Which two statements are true about the Intercompany Reconciliation report?

A) It includes ledger balancing lines generated when the primary balancing segment value (BSV) is in balance, but either the second or third BSVs are not.
B) It can be run using an additional currency and conversion rate that converts all amounts into a common currency for comparison.
C) It displays the intercompany receivables and intercompany payables balances in summary for a period.
D) It displays all clearing company balancing lines for a period.
E) You can only drill down to the General Ledger journal and then from there to the Subledger journal entry.


2. You are implementing amultipillarimplementation of bothHCM CloudandERP Cloud. You are implementingERP first, followed byHCM Cloud. You want to ensure yourledgers and chart of accountsare correctly defined.
What should you do? (Choose three.)

A) Use the Rapid Implementation spreadsheet when creating your enterprise structure.
B) Use file-based spreadsheet loaders using UCM to mass load and maintain chart of accounts segment values and hierarchies.
C) Use HCM's Enterprise Structure Configurator (ESC) first.
D) Deploy your chart of accounts.
E) Create your chart of accounts in the following order: value sets, COA structure, and instance before assigning values to the value sets.


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


4. You have exported data from your budgeting application into a .csv file.
What should you use to load that data into General Ledger?

A) Budget journal spreadsheet
B) Enterprise Resource Budget Integrator
C) Application Developer Framework desktop integrator
D) File-based data import


5. Your current Oracle Fusion Cloud implementation project includes the configuration of multiple ledgers per country and the setting up of accounting automation to drive journal processing efficiencies. In a particular country (which has a primary, secondary, and multiple reporting currency ledgers), there is a requirement to exclude the country ' s journal processing from accounting automation.
If you enter a ledger set (including all ledgers for that country) on the Exclusion tab of Manage Accounting Automation, what is removed from accounting automation processing?

A) Just the primary ledger
B) The primary and reporting ledgers only
C) The secondary and reporting currency ledgers only
D) The primary, secondary, and reporting currency ledgers


Solutions:

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

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