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Oracle 1Z0-1054-26 Exam Syllabus Topics:

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

1. You have been tasked with creating user-defined infolets to monitor key financial metrics. However, you cannot see the option to create infolets in the Infolet repository. What are the two requirements to be able to see the Create option?

A) You must activate Page Composer.
B) You must create a dashboard.
C) You must be in a sandbox.
D) You must publish a sandbox.
E) You must define your OTBl analyses.

2. You are using theCreate Budgets in a Spreadsheetoption toload your budget balancesinto theGL balances cube. YourFYXX Budgetis not appearing in theBudget Namelist of values.
Which two are the reasons for this?

A) Budgeting has not been enabled in the ledger options.
B) The Transfer Budget Balances to Budget Cubes has not been run.
C) The Create Scenario Dimension Members program has not been run.
D) The Publish Chart of Accounts Dimension Members and Hierarchies to the Balances Cube has not been run.
E) A value for the budget scenario has not been created.

3. On a primary ledger in Use system options close section, the following field has been selected:
' Prevent General Ledger Period Close When Open Subledger Periods Exist ' .
What three exceptions will prevent closing of the accounting period?

A) Intercompany Transactions are completed
B) No pending transaction in the General Ledger Interface table
C) Pending Intercompany Transactions
D) Pending Transaction in General Ledger Interface

4. Your customer uses Financials Cloud, Projects, Inventory, and SCM.
Which two statements are true regarding intercompany accounting for these products? (Choose two.)

A) Each product has its own Intercompany Accounting feature that needs to be configured separately.
B) Intercompany Balancing Rules are defined centrally and applied across Financials and Projects.
C) Intercompany balancing rules in General Ledger need to be mapped with the intercompany configuration in each product.
D) In Financials Cloud, Intercompany Balancing Rules are used to balance both cross-ledger allocation journals and single-ledger journals.

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

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