Exam Name: Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional
Certification Provider: Oracle
Corresponding Certification: Oracle Cloud
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Oracle 1Z0-1054-26 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional |
| Exam Number: | 1Z0-1054-26 |
| Available Languages: | English |
| Exam Format: | Multiple Choice, Multiple Response |
| Related Certifications: | Oracle Fusion Cloud Financials Implementation Professional |
| Exam Duration: | 120 minutes |
| Recommended Training: | Oracle University Training - Fusion Financials |
| Exam Registration: | Oracle Certification Portal Pearson VUE Oracle Exams |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Online proctored or onsite via Pearson VUE testing centers |
| Pre Condition: | Recommended experience with Oracle Fusion Cloud Financials and General Ledger implementation concepts. |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1Z0-1054-26 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Period Close and Reconciliation | - Account reconciliation and balancing - Period close process in General Ledger |
| Topic 2: Financial Reporting | - Financial Statement Generator (FSG) and reporting tools - Real-time reporting and analytics |
| Topic 3: Security and Controls | - Audit and compliance controls - Role-based access control in General Ledger |
| Topic 4: General Ledger Configuration | - Ledger setup and accounting configuration - Accounting calendar and currency setup - Chart of Accounts structure and segments |
| Topic 5: Journal Processing | - Recurring journals and allocations - Journal creation and approval workflows - Journal import and automation |
1Z0-1054-26 Exam Details and Our Commitments
The Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional blueprint is organized into these principal domains:
- Security and Controls
- Period Close and Reconciliation
- Journal Processing
Additional domains follow in the full official outline, and our bank spans them all.
Oracle recommends these official training options:
If formal classes fit your budget and calendar they add structure; otherwise, disciplined self-practice with a current bank covers the same ground.
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Oracle specifies the following prerequisites for the Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional: Recommended experience with Oracle Fusion Cloud Financials and General Ledger implementation concepts..
Verify the details on the official certification page before registering.
Documented and honored. If you fail the corresponding exam within 60 days of purchase, send a scanned copy of your enrollment slip and your official Score Report PDF within two days of the exam date; verified claims are refunded in full within seven days. Exclusions: exams taken within three days of purchase, candidate names that differ from the payer, and free or expired products. If you have another exam in mind, you can instead exchange your product for two others of equal value at no charge.
Registration runs through the official channels below:
Choose a test center or online appointment, and book early to keep your preparation timeline comfortable.
Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional Sample Questions:
Which two statements are true regarding the export/import of reports?
- A. A set of reports are provided for both exported and imported setup data to validate the export/import processes and setup data.
- B. The export/import reports are available only for Fusion Customer Relationship Management.
- C. To view errors encountered during the export or import Process, you must use SQL queries to obtain that data because no reports exist.
- D. A set of reports lists user names, suppliers, and customers that have been exported/imported.
- E. Reports on setup data can be used to compare and analyze how the data might have changed over time.
Correct Answer: A,E 🗳️
Challenge 2
Manage Shorthand Aliases
Scenario
Your client intends to utilize the Shorthand Alias feature and would like to see how the aliases will appear when entering transactions.
Task 2
Create a shorthand alias for the US Chart of Accounts to record Revenue Domestic for Supremo Fitness, Line of Business 2, and US Operations Cost Center.
Note:
. Prefix your alias name with 07, where 07 is
your exam ID.
. There is no Product or Intercompany
impact.
Correct Answer:
See the Explanation for the complete Solution.
Explanation:
Here are the steps you need to follow:
In the Setup and Maintenance work area, go to the following:
Offering: Financials
Functional Area: Financial Reporting Structures
Task: Manage Shorthand Aliases
Select the chart of accounts that you want to create the alias for. In this case, it is the Corporate chart of accounts.
Click on the Add Row icon to create a new alias. Enter the following information:
Alias Name: RevDom
Account Template: 101-2000-400000-000-000-000
Description: Revenue Domestic for Supremo Fitness, Line of Business 2, and US Operations Cost Center Enabled: Yes Start Date: Today's date End Date: Blank Click on the Save and Close button to save the alias.
You have successfully created a shorthand alias for the US Chart of Accounts. For more information, you can refer to the following resources:
Account Aliases
Enter a GL Account Alias
Short Hand Alias in Fusion Financials Key Flexfield
How to Enable Account Shorthand Aliases
Your new accountants have been making mistakes in reconciling accounts assigned to them. Your account balances have either spiked or dropped 30-40% every period due to human error. This causes delays in reconciliation.
Which feature can be used to proactively notify you of account anomalies in a more timely manner?
- A. Account Inspector and its charts
- B. Smart View
- C. Financial reports with embedded charts
- D. Account Monitor
Correct Answer: D 🗳️
You want toprevent intercompany transactionsfrom being entered during thelast day of the close. What should you do?
- A. Close all subledger periods.
- B. Close Intercompany periods in Fusion Intercompany.
- C. Freeze the Intercompany Journal source in General Ledger.
- D. Close the General Ledger period in the Manage Accounting Periods page.
Correct Answer: B 🗳️
You attempt to activate a tree version, but the audit process fails. In which two ways can you resolve this?
- A. Ensure that parent values have the summary attributes set correctly.
- B. Run the Chart of Accounts Deployment process.
- C. Ensure that you do not assign children to child values.
- D. Make sure all users sign out of the calculation manager.
- E. Run the Publish Chart of Accounts Dimension Members and Hierarchies program.
Correct Answer: A,C 🗳️
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