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Updated: Aug 04, 2026
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Oracle 1Z0-1054-26 Exam Overview:
| Certification Vendor: | Oracle |
| Exam Name: | Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional |
| Exam Number: | 1Z0-1054-26 |
| Certificate Validity Period: | 2 years |
| Related Certifications: | Oracle Fusion Cloud Financials: General Ledger Certified Implementation Specialist |
| Passing Score: | 68% |
| Exam Duration: | 90 minutes |
| Exam Format: | Multiple Choice, Hands-on Performance-based |
| Available Languages: | English |
| Exam Price: | USD 245 |
| Real Exam Qty: | 36 |
| Recommended Training: | Become a Certified Financials - General Ledger Implementer |
| Exam Registration: | Oracle University Exam Registration |
| Sample Questions: | Oracle 1Z0-1054-26 Sample Questions |
| Exam Way: | Online proctored or onsite at Oracle testing centers |
| Pre Condition: | No prerequisites required. Candidates with valid/lapsed 2019+ General Ledger implementation certifications qualify for free Delta exam. |
| Official Syllabus URL: | https://education.oracle.com/ouexam-pexam_1z0-1054-26/pexam_1Z0-1054-26 |
Oracle 1Z0-1054-26 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Processing Intercompany | 15% | - Intercompany transaction configuration - Intercompany transaction processing and reconciliation |
| Implementing Ledgers | 15% | - Ledger configuration |
| Enabling Redwood Capabilities | 2% | - Enable Redwood capabilities and understand configuration impacts |
| Configuring Financial Reports | 15% | - Financial reporting options - Financial report and analysis creation
|
| Leveraging AI/ML/Mobile and Automation Features | 3% | - Use AI/ML/mobile and automation features for process efficiency |
| Implementing Enterprise and Financial Reporting Structures | 15% | - Configuration of Financial Reporting Structures - Key features and capabilities of Enterprise and Financial Reporting Structures
|
| Performing Period Close | 15% | - Period Close process overview - Period Close configuration |
| Implementing and Managing Journals | 20% | - Journal configuration - Key features and capabilities of journal processing |
Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional Sample Questions:
1. Financial Reporting Web Studio is a powerful tool within the Oracle Fusion Cloud suite, designed to empower financial professionals with advanced reporting capabilities.
Which two are key capabilities of Financial Reporting Web Studio?
A) It provides Batch Bursting options including e-mail and print.
B) It uses a drag and drop interface for report design.
C) It helps group reports or books into batches for processing or scheduling.
D) It can be used to create financial statements.
2. Which delivered role can access the full functionality of Functional Setup Manager?
A) IT Security Manager
B) Any functional user
C) Functional Setup Manager Superuser
D) Application Implementation Consultant
E) Application Implementation Manager
3. On a primary ledger in the system options close section, the following field has been selected ' Prevent General Ledger Period Closure When Open Subledger Periods Exist ' .
For which three subledgers can you opt out of the period close checking feature by using the lookup ORA_GL_INCLD_STRICT_PRD_CLOSE? (Choose three.)
A) Revenue Management
B) Receivables
C) Order Management
D) Receipt accounting
E) Assets
4. You have enabled budgetary control and have a control budget set toAdvisorycontrol level. For September
2016, your budget for a given account combination is$5,000 USD.
In the same month, there is anapproved requisitionfor that account of$900and anapproved purchase orderfor that account of$2,500 USD. There is also aGeneral Ledger adjustment journal entryfor that account of$1,600 USD. Anapproved purchase order line of $400 USDis thencanceled.
Aninvoice is matchedto the purchase order for$2,100 USD.
Which two statements are true? (Choose two.)
A) Funds reservation only happens for non-matched invoices, so the system will not reserve funds.
B) The system always consumes the budget of future periods if the limit for the current period is expired, so October 2016 budget will be considered for reservation.
C) As there are cancellations for $400 USD, the system will partially reserve the funds in September 2016 and fully reserve it in October 2016.
D) Purchase order encumbrance will be released for $2,100 USD.
5. 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 Shared Folder/Custom/Financials directory.
C) You have not downloaded the report to your local drive.
D) You have not saved it in the MyFolders directory.
Solutions:
| Question # 1 Answer: B,D | Question # 2 Answer: E | Question # 3 Answer: B,D,E | Question # 4 Answer: C,D | Question # 5 Answer: A,D |
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