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Oracle 1Z0-1054-26 Exam Syllabus Topics:

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

1. You are reviewing the Intercompany Reconciliation report for the current period and notice that there is a difference for the period as indicated.

What could be reason for this difference?

A) The transaction needs to be transferred to Payables and accounted in the UK ledger.
B) The transaction needs to be transferred to Payables and accounted in the US ledger.
C) The transaction needs to be transferred to Receivables and accounted in the US ledger.
D) The transaction needs to be transferred to Receivables and accounted in the UK ledger.

2. You want to create an Ad Hoc Analysis in Smart View; you enter the following dimensions for the report and click Refresh in the POV.

You get #Missing instead of a balance. What value did you not specify, which resulted in this?

A) A particular currency
B) Intercompany
C) Cost Center
D) Product

3. The Cloud Client wants to add a global branding logo and more predefined transactional attributes to the journal approval email notification.
Which two Business Intelligence catalog objects should you copy (or customize) and edit? (Choose two.)

A) The layout-Template
B) Output type
C) The Sub_Template
D) The Data Model
E) The Data Source

4. What is the key function of currency translation?

A) Expressing the functional currency financial results of a subsidiary in the entity's reporting or consolidated currency.
B) Creating unrealized gain or loss journals for foreign currency transactions.
C) Adjusting the accounted value of foreign currency-denominated balances according to current conversion rates.
D) Measuring current financial transactions that are denominated or stated in an accounting currency into the functional currency of the entity.

5. You are using account hierarchies for reporting and allocations.
Which two statements are true about these types of hierarchies? (Choose two.)

A) Hierarchies for reporting and allocations have to be published to Essbase cubes.
B) You can have only one version of a hierarchy published to the Essbase cube at any time.
C) Child values in these hierarchies can belong to only one parent.
D) Hierarchies for reporting and allocations do not have to be published to Essbase cubes.

Solutions: