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Oracle 1Z0-1054-26 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Implementing and Managing Journals | 20% | - Journal configuration - Key features and capabilities of journal processing |
| Configuring Financial Reports | 15% | - Financial reporting options - Financial report and analysis creation
|
| Leveraging AI/ML/Mobile and Automation Features | 3% | - Use AI/ML/mobile and automation features for process efficiency |
| Performing Period Close | 15% | - Period Close process overview - Period Close configuration |
| Implementing Enterprise and Financial Reporting Structures | 15% | - Key features and capabilities of Enterprise and Financial Reporting Structures
|
| Implementing Ledgers | 15% | - Ledger configuration |
| Processing Intercompany | 15% | - Intercompany transaction configuration - Intercompany transaction processing and reconciliation |
| Enabling Redwood Capabilities | 2% | - Enable Redwood capabilities and understand configuration impacts |
Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional Sample Questions:
Which three factors should you consider while specifying Intercompany System options?
- A. Automatic or manual batch numbering and the maximum transaction amount
- B. Automatic or manual batch numbering and the minimum transaction amount
- C. Approvers who will approve intercompany transactions
- D. Whether to enforce an enterprise-wide currency or allow intercompany transactions in local currencies
- E. Whether to allow receivers to reject intercompany transactions
Correct Answer: B,D,E 🗳️
Explanation: Only visible for TestBraindump members. You can sign-up / login (it's free).
You define intercompany balancing rules that are applied to a specific source and category, such as Payables and Invoices, or a specific intercompany transaction type, such as Intercompany Sales.
Which statement on intercompany configuration is true?
- A. Intercompany balancing evaluates the rules in the following order: ledger, legal entity, chart of accounts, and primary balancing segment value.
- B. You can create a rule for all sources and categories by selecting the source " Other " and category " Other "
- C. You must define intercompany balancing rules for all sources, categories, and transaction types.
Correct Answer: B 🗳️
Which three are considered legal jurisdictions?
- A. Single Country
- B. Group of Countries
- C. Post Code
- D. Identifying Zone
- E. State
Correct Answer: A,B,E 🗳️
You are planning to use the Related Value Sets feature with your Chart of Accounts to create a dependency between the Company and Cost Center segments. For example, when using Company 101, the list of displayed cost centers should be in the range 100 to 199. When setting up your value sets, which validation type should you choose for the Cost Center segment?
- A. Independent
- B. Subset
- C. Dependent
- D. Table
Correct Answer: A 🗳️
Explanation: Only visible for TestBraindump members. You can sign-up / login (it's free).
Which two are predefined roles in General Ledger?
- A. General Accounting Manager
- B. General Accountant
- C. General Accounting Clerk
- D. General Accounting Supervisor
Correct Answer: A,B 🗳️
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