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

1Z0-1054-26 real exams

Exam Code: 1Z0-1054-26

Exam Name: Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional

Updated: Jul 03, 2026

Q & A: 125 Questions and Answers

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

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


2. You can run predefined reports to reconcile subledger application balances to General Ledger balances. Which attribute must you set up on the Manage Values page for chart of accounts segment values so that you can run the Payables to General Ledger Reconciliation report or Receivables to General Ledger Reconciliation report?'

A) End Date
B) Start Date
C) Financial Category
D) Reconcile
E) Third Party Control Account


3. SIMULATION
Challenge 2
Manage Shorthand Aliases
Scenario
Your client intends to utilize the Shorthand Alias feature and would like to see how the aliases will appear when entering transactions.
Task 2
Create a shorthand alias for the US Chart of Accounts to record Revenue Domestic for Supremo Fitness, Line of Business 2, and US Operations Cost Center.

Note: . Prefix your alias name with 07, where 07 is your exam ID. . There is no Product or Intercompany impact.


4. When creating your financial statements, you want a chart such as a bar graph to be included in the report output. Which two reporting tools allow you to achieve this?

A) Financial Statement Generator
B) Account Inspector
C) Financial Reporting Studio
D) Smart View


5. When constructing a new chart of accounts instances, it has been decided to control the list of values within certain segments, with the use of related value sets.
When defining new related value sets, which three configuration steps should be considered?

A) Use independent validation type value sets only
B) Link multiple value sets together
C) Order of the segments does not determine filtering sequence.
D) Order of the segments determines filtering sequence
E) Link two value sets together
F) Use table validated type value sets only


Solutions:

Question # 1
Answer: A,B
Question # 2
Answer: C
Question # 3
Answer: Only visible for members
Question # 4
Answer: C,D
Question # 5
Answer: A,D,E

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