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Oracle 1Z0-1054-26 Exam Syllabus Topics:

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

1. What is the role of the OTBI Reporting tool in Oracle Cloud Financial Reporting?

A) It allows users to create, manage, and deliver high-fidelity, pixel-perfect reports and documents that can be scheduled to run at specific intervals.
B) It allows users to design boardroom-ready financial statements, ensuring compliance with regulatory accounting standards.
C) It allows users to perform spreadsheet-based multidimensional analysis from Microsoft Excel.
D) It allows users to generate ad hoc reports, analyze financial data, and create user-defined analytics directly from the transaction tables.

2. What are thetwo possible reasonsforencumbrance created on the purchase orderto go back to thebudget or funds availability?

A) When the requisition is set to accrue at period end and partially billed and then canceled or finally closed, encumbrance goes back to the budget to the extent of the unbilled amount.
B) When the purchase order is set to accrue at receipt and partially received, then canceled or finally closed, encumbrance goes back to the budget to the extent of the unreceived amount.
C) The requisition reserved successfully undergoes amendment and is rejected in the reapproval.
D) The purchase order is canceled or finally closed or rejected without performing any receipt or invoice.

3. Which two statements are true regarding the export/import of reports?

A) To view errors encountered during the export or import Process, you must use SQL queries to obtain that data because no reports exist.
B) A set of reports are provided for both exported and imported setup data to validate the export/import processes and setup data.
C) A set of reports lists user names, suppliers, and customers that have been exported/imported.
D) The export/import reports are available only for Fusion Customer Relationship Management.
E) Reports on setup data can be used to compare and analyze how the data might have changed over time.

4. Which two statements are true regarding the Intercompany Reconciliation Report? (Choose two.)

A) You can only drill down to the general ledger journal and then from there to the subledger journal entry.
B) The report can be run using an additional currency and conversion rate that converts all amounts into a common currency for comparison.
C) The report includes Ledger balancing lines generated when the primary balancing segment value (BSV) is in balance, but either the second or third BSVs are not.
D) The report displays the intercompany receivables and intercompany payables balances in summary for a period.
E) The report displays all clearing company balancing lines for a period.

5. Which delivered role can access the full functionality of Functional Setup Manager?

A) Application Implementation Manager
B) Application Implementation Consultant
C) IT Security Manager
D) Functional Setup Manager Superuser
E) Any functional user

Solutions: