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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 enabled the ledger option "Limit a journal to a single currency." However, users are reporting that they can enter more than one currency when using the Create Journal task.
How would you resolve this issue?

A) Enable the Limit Journal to the Single Currency option for the required currencies.
B) Enable the Limit Journal to the Single Currency option for the Manual category.
C) Enable the Limit Journal to the Single Currency option for the Manual source.
D) Enable the Limit Journal to the Single Currency option for the ledger currency.

2. You have a requirement to have invoices generated for certain Intercompany transactions.
Where do you enable invoicing?

A) the transaction batch
B) the transaction category
C) the transaction type
D) the transaction source

3. What is the key function of currency revaluation?

A) Converting the accounted balances from one currency to another target currency
B) Adjusting the accounted value of foreign currency denominated balances according to current conversion rates
C) Measuring the current financial transactions that are denominated or stated in an accounting (local) currency into the functional currency of the entity

4. What is the role of the OTBI Reporting tool in Oracle Cloud Financial Reporting?

A) It allows users to create, manage, and deliver high-fidelity, pixel-perfect reports and documents that can be scheduled to run at specific intervals.
B) It allows users to perform spreadsheet-based multidimensional analysis from Microsoft Excel.
C) It allows users to generate ad hoc reports, analyze financial data, and create user-defined analytics directly from the transaction tables.
D) It allows users to design boardroom-ready financial statements, ensuring compliance with regulatory accounting standards.

5. 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.

Solutions: