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Updated: Aug 05, 2026
No. of Questions: 145 Questions & Answers with Testing Engine
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| Certification Vendor: | Oracle |
| Exam Name: | Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional |
| Exam Number: | 1Z0-1054-26 |
| Certificate Validity Period: | 2 years |
| Exam Price: | USD 245 |
| Exam Format: | Multiple Choice, Hands-on Performance-based |
| Available Languages: | English |
| Exam Duration: | 90 minutes |
| Real Exam Qty: | 36 |
| Related Certifications: | Oracle Fusion Cloud Financials: General Ledger Certified Implementation Specialist |
| Passing Score: | 68% |
| 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 |
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Leveraging AI/ML/Mobile and Automation Features | 3% | - Use AI/ML/mobile and automation features for process efficiency |
| Topic 2: Implementing and Managing Journals | 20% | - Key features and capabilities of journal processing - Journal configuration |
| Topic 3: Processing Intercompany | 15% | - Intercompany transaction processing and reconciliation - Intercompany transaction configuration |
| Topic 4: Configuring Financial Reports | 15% | - Financial report and analysis creation
|
| Topic 5: Implementing Ledgers | 15% | - Ledger configuration |
| Topic 6: Implementing Enterprise and Financial Reporting Structures | 15% | - Configuration of Financial Reporting Structures - Key features and capabilities of Enterprise and Financial Reporting Structures
|
| Topic 7: Performing Period Close | 15% | - Period Close process overview - Period Close configuration |
| Topic 8: Enabling Redwood Capabilities | 2% | - Enable Redwood capabilities and understand configuration impacts |
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) Redeploy the chart of accounts.
D) Make sure the tree is active.
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. You can run predefined reports to reconcile subledger application balances to General Ledger balances.
Which attribute must you set up on the Manage Values page for chart of accounts segment values so that you can run the Payables to General Ledger Reconciliation report or Receivables to General Ledger Reconciliation report? '
A) Financial Category
B) Start Date
C) End Date
D) Reconcile
E) Third Party Control Account
4. What is the key functionality of Smart View in Oracle Cloud Financial Reporting?
A) It is an Excel based add in that integrates with Oracle Essbase GL data for performing financial analysis and reporting.
B) It is a mobile application for accessing real-time financial dashboards on smartphones and tablets.
C) It is a data visualization tool that offers a library of interactive charts and graphs for financial analysis.
5. You are using account hierarchies for reporting and allocations.
Which two statements are true about these types of hierarchies? (Choose two.)
A) Child values in these hierarchies can belong to only one parent.
B) Hierarchies for reporting and allocations do not have to be published to Essbase cubes.
C) Hierarchies for reporting and allocations have to be published to Essbase cubes.
D) You can have only one version of a hierarchy published to the Essbase cube at any time.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: E | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: A,D |
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