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Oracle 1Z0-1054-26 Exam Syllabus Topics:

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

1. TheDelete Translated Balancesprocess provides the ability to completely reset translations in the event thatsignificant changesare made to the accounting configuration.
Once the deletion process completes, what additional process must you run?

A) Submit the Create General Ledger Balances Cube process to ensure that the balances cube maintains translated balances that are consistent with future translations.
B) Submit the Create Scenario Dimension Members process to ensure that the balances cube maintains translated balances that are consistent with future translations.
C) Submit the Update General Ledger Balances Cube process to ensure that the balances cube maintains translated balances that are consistent with future translations.
D) Submit the Create Currency Dimension Members process to ensure that the balances cube maintains translated balances that are consistent with future translations.

2. Your customer isexpanding its operations. You defined a newledgerand severalbusiness units. However, you areunable to assignthe newly generateddata rolesto existingAccounts Payables and Accounts Receivablesusers in the shared service center.
What should you do to correct the problem?

A) Make sure you run the Retrieve Latest LDAP Changes program to regenerate the data roles.
B) Open Access Policy Manager (APM) and assign the roles manually.
C) Open the Manage Users page and make sure the employees at
D) Open the Oracle Identity Management (OIM) and make sure the data roles were created.

3. For translation purposes, the Financials reporting team has decided to load the monthly Historical currency rates by using File-Based Data Interface (FBDI).
What happens to the existing historical rate for a specific ledger, currency, account combination, and accounting period if they use insert in the spreadsheet?

A) Historical rates are converted into an average rate (original and new rate).
B) The historical rate is replaced.
C) The existing historical rate is deleted.
D) Nothing, existing historical rates are not updated.

4. Your Oracle Fusion Cloud client needs to store balances such as floor space, number of employees, quantities purchased for use in journal allocations, and financial reporting.
Currently, in their test environment, they are unable to record statistical amounts.
What is the reason?

A) The ledger currency does not have the derivation flag enabled.
B) The currency STAT does not have the ISO currency flag enabled.
C) The currency STAT does not have the statistical unit type enabled.

5. You have configured Transaction Account Definition rules to automatically populate the Provider and Receiver distributions for your intercompany transactions. However, while testing, you find there are no distributions created.
What is the reason for this?

A) Transaction Account Definition is not assigned to the ledger.
B) Transaction Account Definition is not assigned to the Intercompany Organization.
C) Transaction Account Definition is not assigned to the transaction type.
D) Transaction Account Definition is not selected in System Options.

Solutions: