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Oracle 1Z0-1054-26 Exam Syllabus Topics:

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

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

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

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

4. On a primary ledger in Use system options close section, the following field has been selected:
' Prevent General Ledger Period Close When Open Subledger Periods Exist ' .
What three exceptions will prevent closing of the accounting period?

A) Intercompany Transactions are completed
B) Pending Transaction in General Ledger Interface
C) No pending transaction in the General Ledger Interface table
D) Pending Intercompany Transactions

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

Solutions: