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

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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 creating a journal approval rule and need to assign the approval to multiple controllers in parallel.
Which assignee type should you use?

A) FYI
B) Single
C) Serial
D) Parallel

2. You are setting up Close Monitor for your organization. What is the key consideration when selecting the ledgers or ledger sets that form part of the Close Monitor hierarchy?

A) The members of the Close Monitor hierarchy must all share the same accounting convention.
B) The members of the Close Monitor hierarchy must all be primary ledgers or secondary ledgers.
C) The members of the Close Monitor hierarchy must share a common Chart of Accounts and calendar.

3. Your customer isexpanding its operations. You defined a newledgerand severalbusiness units. However, you areunable to assignthe newly generateddata rolesto existingAccounts Payables and Accounts Receivablesusers in the shared service center.
What should you do to correct the problem?

A) Open the Oracle Identity Management (OIM) and make sure the data roles were created.
B) Open the Manage Users page and make sure the employees at
C) Open Access Policy Manager (APM) and assign the roles manually.
D) Make sure you run the Retrieve Latest LDAP Changes program to regenerate the data roles.

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

5. You are trying to run a Financial Reporting Web Studio report from Financial Reporting Center. However, it is not appearing as a choice.
Which are two reasons for this? (Choose two.)

A) You have not downloaded the report to your local drive.
B) You have not uploaded it to Financial Reporting Center.
C) You have not saved it in the MyFolders directory.
D) You have not saved it in the Shared Folder/Custom/Financials directory.

Solutions: