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Oracle 1Z0-1054-26 Exam Syllabus Topics:

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

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

1. You want to automatically post journal batches imported from subledger sources to prevent accidental edits or deletions of the subledger sources journals, which could cause an out-of-balance situation between your subledgers and general ledger.
Which two aspects should you consider when defining your AutoPost Criteria?

A) Use the All option for category and accounting period to reduce maintenance and ensure that all imported journals are included in the posting process.
B) Schedule your AutoPost Criteria set to run during off-peak hours only.
C) Include all of your subledger sources in the AutoPost Criteria. Divide up criteria sets by subledger source only if you need to schedule different posting times.
D) Create your AutoPost criteria using minimal sources and categories.


2. The current implementation project covers Financials (with Fixed Assets and Expenses) with operations planned in three countries (USA, Italy, and India).
Which three labels are required when designing the chart of account structure for this project? (Choose three.)

A) Primary Balancing
B) Intercompany Segment
C) Cost center
D) Natural Account
E) Secondary Balancing


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

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


4. You are designing an approval rule where a specific person is required to approve the journal. Which two list builders should you use to achieve this?

A) Supervisory Hierarchy approval routing
B) Job Level Hierarchy approval routing
C) Resource approval routing
D) Approval Group approval routing
E) Position Hierarchy approval routing


5. You have created several account groups with the Display in option as Expenses.
Which setting determines the account group that will be displayed in the General Accounting infolets on your home page?

A) Access is Shared
B) Set as Default
C) Access is Public
D) Set in Expenses


Solutions:

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

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