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Oracle 1Z0-1054-26 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Accounting and Close Processes | - Period close activities
|
| Topic 2: General Ledger Configuration | - Accounting configuration
|
| Topic 3: Security and Integration | - Integration with subledgers
|
| Topic 4: Advanced Financials Features | - Allocations and automation
|
| Topic 5: Journal Processing | - Journal approvals and posting
|
Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional Sample Questions:
Your ledger currency is USD. At month end you have a balance on the Accounts Payable Liability Account of
100,000 Euros which is equivalent to USD 136,550. This balance needs to be revalued.
The month end exchange rate for revaluation is 1 Euro = 1.3755 USD.
What two statements are true for the resulting revaluation run? (Choose two.)
- A. The original journal entry in Euros is updated.
- B. You have an unrealized exchange loss recorded.
- C. The original journal entry in Euros remains the same.
- D. There is no unrealized exchange gain or loss calculated.
- E. You have an unrealized exchange gain recorded.
Correct Answer: B,E 🗳️
Explanation: Only visible for Exam-Killer members. You can sign-up / login (it's free).
You are planning to use the Related Value Sets feature with your Chart of Accounts to create a dependency between the Company and Cost Center segments. For example, when using Company 101, the list of displayed cost centers should be in the range 100 to 199. When setting up your value sets, which validation type should you choose for the Cost Center segment?
- A. Dependent
- B. Table
- C. Independent
- D. Subset
Correct Answer: C 🗳️
Explanation: Only visible for Exam-Killer members. You can sign-up / login (it's free).
You need to add new transactional attributes to the journal approval notification in an implementation project.
Which two Business Intelligence catalog objects should you copy (or customize) and edit?
- A. Sub template
- B. Output type
- C. Style template
- D. Layout template
- E. Data model
Correct Answer: D,E 🗳️
Explanation: Only visible for Exam-Killer members. You can sign-up / login (it's free).
Your new accountants have been making mistakes in reconciling accounts assigned to them. Your account balances have either spiked or dropped 30-40% every period due to human error. This causes delays in reconciliation.
Which feature can be used to proactively notify you of account anomalies in a more timely manner?
- A. Financial reports with embedded charts
- B. Account Inspector and its charts
- C. Account Monitor
- D. Smart View
Correct Answer: C 🗳️
Your userforgot the password. How do you resolve this?
- A. Log in to the user ' s machine as an Administrator and change the password from the login password.
- B. Use Access Policy Manager (APM) to reset the user ' s password.
- C. Create a new user ID and password for the user.
- D. Use the Manage Users page to update the user ' s information and change the password.
- E. Use Oracle Identity Management (OIM) to reset the user ' s password.
Correct Answer: E 🗳️
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