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

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Oracle 1Z0-1054-26 Exam Syllabus Topics:

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

1. You entered across-validation ruleto prevent thebalance sheet cost center (000)from being used withProfit and Loss Accounts (4000-ZZZZ).
The following combinations exist in theCode Combination table:
01-000-4110-00
01-000-5299-000
01-000-5105-000
01-000-7640-00
Which two statements aretrueregardingcross-validation rules?

A) The rules validate and apply tonew accounts only.
B) There is no need to create cross-validation rules ifDynamic Combination Creation Allowedis not enabled for your chart of accounts instance.
C) The rules will validate and apply tonew and existing accounts.
D) You need to run theCross-Validation Rule Violations processto allow rules to apply to existing combinations that violate rules.
E) You need to run theCross-Validation Rules processto list and optionally disable combinations that violate rules.

2. You already ran Translation, but a last-minute adjusting journal entry in your ledger currency was entered and posted after you consolidated your results.
What is Oracle ' s recommended practice when this occurs?

A) Rerun Translation and then reconsolidate your results.
B) Rerun Revaluation and then rerun Translation.
C) Translate only the adjusting journal entry.
D) Enter another adjusting journal entry in the target currency to true up the balances.

3. Your UK operation has a requirement to maintain its ledger balances in USD to facilitate reporting to the parent company. A balance-level reporting currency has been created and linked to the primary ledger.
How are balances transferred to the reporting currency?

A) By running the Journal Import process
B) By running the Translate General Ledger Account Balances process
C) By running the Revalue Balances process at month end
D) By running the final Create Accounting process at month end

4. You entered users who are bothemployees and contingent workers. You want an automated way toassign, reassign, and remove rolesfrom users. What feature do you use?

A) Role Mappings
B) Data Roles
C) Oracle Identity Manager Roles Assignment
D) You cannot reassign contingent workers
E) Access Policy Manager ' s Role Generation

5. Your current Oracle Fusion Cloud implementation project includes the configuration of multiple ledgers per country and the setting up of accounting automation to drive journal processing efficiencies. In a particular country (which has a primary, secondary, and multiple reporting currency ledgers), there is a requirement to exclude the country ' s journal processing from accounting automation.
If you enter a ledger set (including all ledgers for that country) on the Exclusion tab of Manage Accounting Automation, what is removed from accounting automation processing?

A) The primary, secondary, and reporting currency ledgers
B) Just the primary ledger
C) The primary and reporting ledgers only
D) The secondary and reporting currency ledgers only

Solutions: