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Oracle 1Z0-1054-26 Exam Syllabus Topics:

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

1. You notice that a lot of erroneous address data is being saved. How do you ensure that only valid addresses are entered in the system?

A) Redefine the geography hierarchy.
B) Redefine the location structure.
C) Define the Geography Validation for Country option to No Validation.
D) Define the Geography Validation for Country option to Error.

2. Your ledger currency is USD. At month end, you have a balance on the Accounts Payable Liability Account of 100,000 Euros, which is equivalent to 136,550 USD. This balance needs to be revalued. The month-end exchange rate for revaluation is 1 Euro = 1.3755 USD.
What two statements are true about the resulting revaluation run?

A) The original journal entry in Euros remains the same.
B) There is no unrealized exchange gain or loss calculated.
C) You have an unrealized exchange gain recorded.
D) The original journal entry in Euros is updated.
E) You have an unrealized exchange loss recorded.

3. You have set up asupporting reference with balancesto capturerevenue by account manager.
Which option should you use to view thesupporting reference balances?

A) An Account Group
B) An OTBI analysis
C) General Ledger inquiries and reports
D) A SmartView analysis

4. 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 MyFolders directory.
C) You have not saved it in the Shared Folder/Custom/Financials directory.
D) You have not downloaded the report to your local drive.

5. You already ranTranslation, but a last-minuteadjusting journal entryin yourledger currencywas entered after you consolidated your results.
What does Oracle considerbest practicewhen this occurs?

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

Solutions: