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Oracle 1Z0-1054-26 valid - in .pdf
- Exam Code: 1Z0-1054-26
- Exam Name: Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional
- Q & A: 145 Questions and Answers
- PDF Price: $59.99
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Oracle 1Z0-1054-26 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Advanced Financials Features | - Intercompany accounting
|
| Topic 2: Accounting and Close Processes | - Period close activities
|
| Topic 3: Security and Integration | - Role-based access control
|
| Topic 4: General Ledger Configuration | - Enterprise structure setup for Financials
|
| Topic 5: Journal Processing | - Journal approvals and posting
|
Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional Sample Questions:
Question #1
You are using the Create Budgets in a Spreadsheet option to load your budget balances into the General Ledger balances cube. Your FYXX Budget is not appearing in the Budget Name list of values.
What are two reasons for this?
- A. Transfer Budget Balances to Budget Cubes has not been run.
- B. A value for the budget scenario is not created.
- C. The Create Scenario Dimension Members program has not been run.
- D. Budgeting is not enabled in the Ledger options.
- E. Publish Chart of Accounts Dimension Members and Hierarchies to the Balances Cube has not been run.
Correct Answer: B,C 🗳️
Explanation: Only visible for ValidBraindumps members. You can sign-up / login (it's free).
Question #2
Your organization would like to use the journal sequencing functionality in General Ledger. You want to include all journal sources but would like a different sequence assigned to journals originating in the Joint Venture application.
What should you create to achieve this?
- A. A Condition Filter
- B. An Exclusion
- C. A Validation Filter
- D. An Exception
Correct Answer: A 🗳️
Question #3
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. Link multiple value sets together
- B. Use table validated type value sets only
- C. Use independent validation type value sets only
- D. Order of the segments does not determine filtering sequence.
- E. Order of the segments determines filtering sequence
- F. Link two value sets together
Correct Answer: C,E,F 🗳️
Question #4
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.
Correct Answer:
See the Explanation for the complete Solution.
Explanation:
Here are the steps you need to follow:
In the Setup and Maintenance work area, go to the following:
Offering: Financials
Functional Area: Financial Reporting Structures
Task: Manage Shorthand Aliases
Select the chart of accounts that you want to create the alias for. In this case, it is the Corporate chart of accounts.
Click on the Add Row icon to create a new alias. Enter the following information:
Alias Name: RevDom
Account Template: 101-2000-400000-000-000-000
Description: Revenue Domestic for Supremo Fitness, Line of Business 2, and US Operations Cost Center Enabled: Yes Start Date: Today's date End Date: Blank Click on the Save and Close button to save the alias.
You have successfully created a shorthand alias for the US Chart of Accounts. For more information, you can refer to the following resources:
Account Aliases
Enter a GL Account Alias
Short Hand Alias in Fusion Financials Key Flexfield
How to Enable Account Shorthand Aliases
Question #5
Which three are considered legal jurisdictions?
- A. State
- B. Group of Countries
- C. Identifying Zone
- D. Single Country
- E. Post Code
Correct Answer: A,B,D 🗳️
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