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Oracle 1Z0-1054-26 Exam Syllabus Topics:

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

1. Which three factors should you consider while specifying Intercompany System options?

A) Automatic or manual batch numbering and the maximum transaction amount
B) Whether to enforce an enterprise-wide currency or allow intercompany transactions in local currencies
C) Automatic or manual batch numbering and the minimum transaction amount
D) Approvers who will approve intercompany transactions
E) Whether to allow receivers to reject intercompany transactions

2. Which Two predefined job roles automatically have the assigned privileges to access Financial Reporting Center?

A) Budget Manager
B) General Accounting Manager
C) Intercompany Manager
D) Account Receivables Manager
E) Payables Supervisor

3. You want to automatically post journal batches imported from subledger sources to prevent accidental edits or deletions of the subledger sources journals, which could cause an out-of-balance situation between your subledgers and general ledger.
Which two aspects should you consider when defining your AutoPost Criteria?

A) Schedule your AutoPost Criteria set to run during off-peak hours only.
B) Include all of your subledger sources in the AutoPost Criteria. Divide up criteria sets by subledger source only if you need to schedule different posting times.
C) Use the All option for category and accounting period to reduce maintenance and ensure that all imported journals are included in the posting process.
D) Create your AutoPost criteria using minimal sources and categories.

4. Your company hascomplex consolidation requirementswithmultiple general ledger instances. You are usingOracle Hyperion Financial Managementto consolidate the disparateGeneral Ledgers.
You can typically map segments between yourgeneral ledger segmentto aHyperion Financial Management segment, such as:
Company to Entity
Department to Department
Account to Account
What happens to segments in yoursource general ledger, such asProgram, thatcannot be mappedtoHyperion Financial Management?

A) The data is not transferred.
B) Errors occur for unmapped segments. You must map multiple segments from source general ledgers to the target segment in Hyperion Financial Management.
C) The unmapped segments default tofuture use segmentsin Hyperion Financial Management.
D) Data is summarized across segments that are not mapped to Hyperion Financial Management.

5. Your customer uses Financials Cloud, Projects, Inventory, and SCM.
Which two statements are true regarding intercompany accounting for these products? (Choose two.)

A) Intercompany balancing rules in General Ledger need to be mapped with the intercompany configuration in each product.
B) In Financials Cloud, Intercompany Balancing Rules are used to balance both cross-ledger allocation journals and single-ledger journals.
C) Intercompany Balancing Rules are defined centrally and applied across Financials and Projects.
D) Each product has its own Intercompany Accounting feature that needs to be configured separately.

Solutions: