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Oracle 1Z0-1054-26

1Z0-1054-26

Exam Code: 1Z0-1054-26

Exam Name: Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional

Updated: Jul 11, 2026

Q&A Number: 145 Q&As

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

1. When working with Essbase, versions of the tree hierarchy as defined in the Fusion are not available in the Essbase balances cube. What should you do to correct this situation?

A) Make sure the tree version was published successfully.
B) Make sure to flatten the rows of the tree version.
C) Make sure the tree is active.
D) Redeploy the chart of accounts.


2. In the implementation project, there is a requirement to add new transactional attributes to the journal approval notification.
Which two Business Intelligence catalog objects should you copy (or customize) and edit? (Choose two.)

A) Output type
B) The layout Template
C) The Sub Template
D) The Data Model
E) The Style Template


3. What is the key functionality of Smart View in Oracle Cloud Financial Reporting?

A) It is a mobile application for accessing real-time financial dashboards on smartphones and tablets.
B) It is a data visualization tool that offers a library of interactive charts and graphs for financial analysis.
C) It is an Excel based add in that integrates with Oracle Essbase GL data for performing financial analysis and reporting.


4. You are required to changetoday's daily ratesfor convertingGBP to USD. What are three ways in which you can update existing daily rates?

A) Update rates manually using the Currency Rates Manager, which can be accessed only from the Functional Setup Manager.
B) Update rates manually using the Currency Rates Manager, which can be accessed from the Functional Setup Manager or the General Ledger's Period Close work area.
C) Import daily rates through the Daily Rates open interface table.
D) Edit existing transactions and update the rates manually.
E) Use the spreadsheet loader from the Currency Rates Manager.


5. You are capturing rental costs for a building in a corporate cost center. At month end, you want to allocate those costs to the cost centers in the building based on the floor area occupied. A statistical journal has been entered to record the floor area. You use Calculation Manager to create the allocation.
Where do you reference the statistical balance within the allocation component?

A) Target
B) Allocation Range
C) Source
D) Basis
E) Offset


Solutions:

Question # 1
Answer: A
Question # 2
Answer: A,D
Question # 3
Answer: C
Question # 4
Answer: B,C,E
Question # 5
Answer: C

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