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Updated: Aug 05, 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
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

Oracle 1Z0-1054-26 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Leveraging AI/ML/Mobile and Automation Features3%- Use AI/ML/mobile and automation features for process efficiency
Topic 2: Implementing and Managing Journals20%- Key features and capabilities of journal processing
- Journal configuration
Topic 3: Processing Intercompany15%- Intercompany transaction processing and reconciliation
- Intercompany transaction configuration
Topic 4: Configuring Financial Reports15%- Financial report and analysis creation
  • 1. General Accounting infolets
- Financial reporting options
Topic 5: Implementing Ledgers15%- Ledger configuration
Topic 6: Implementing Enterprise and Financial Reporting Structures15%- Configuration of Financial Reporting Structures
- Key features and capabilities of Enterprise and Financial Reporting Structures
  • 1. Chart of Accounts design
Topic 7: Performing Period Close15%- Period Close process overview
- Period Close configuration
Topic 8: Enabling Redwood Capabilities2%- Enable Redwood capabilities and understand configuration impacts

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) 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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