1Z0-1054-26 exam dumps

Oracle 1Z0-1054-26 Value Package

(Include: PDF + Desktop Test Engine + Online Test Engine)

  • Exam Code: 1Z0-1054-26
  • Exam Name: Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional
  • No. of Questions: 145 Questions and Answers
  • Updated: Sep 21, 2026

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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
Passing Score:68%
Exam Price:USD 245
Related Certifications:Oracle Fusion Cloud Financials: General Ledger Certified Implementation Specialist
Certificate Validity Period:2 years
Available Languages:English
Real Exam Qty:36
Exam Duration:90 minutes
Exam Format:Multiple Choice, Hands-on Performance-based
Recommended Training:Become a Certified Financials - General Ledger Implementer
Exam Registration:Oracle University Exam Registration
Sample Questions: DOWNLOAD DEMO
Exam Way:Online proctored or onsite at Oracle testing centers
Pre Condition:No prerequisites required. Candidates with valid/lapsed 2019+ General Ledger implementation certifications qualify for free Delta exam.
Official Syllabus URL:https://education.oracle.com/ouexam-pexam_1z0-1054-26/pexam_1Z0-1054-26

Oracle 1Z0-1054-26 Exam Syllabus Topics:

SectionWeightObjectives
Leveraging AI/ML/Mobile and Automation Features3%- Use AI/ML/mobile and automation features for process efficiency
Implementing Enterprise and Financial Reporting Structures15%- Key features and capabilities of Enterprise and Financial Reporting Structures
  • 1. Chart of Accounts design
- Configuration of Financial Reporting Structures
Configuring Financial Reports15%- Financial reporting options
- Financial report and analysis creation
  • 1. General Accounting infolets
Enabling Redwood Capabilities2%- Enable Redwood capabilities and understand configuration impacts
Implementing and Managing Journals20%- Key features and capabilities of journal processing
- Journal configuration
Implementing Ledgers15%- Ledger configuration
Performing Period Close15%- Period Close configuration
- Period Close process overview
Processing Intercompany15%- Intercompany transaction processing and reconciliation
- Intercompany transaction configuration

1Z0-1054-26 Exam FAQ: What Candidates Ask

A complete package backed by a full service system: 145 practice questions for the Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional exam in three formats — a printable, expert-prepared PDF with instant download; a Desktop Test Engine for Windows that simulates the real exam with two practice modes and works offline; and an Online Test Engine for any browser on Windows, Mac, Android, and iOS with test history and performance review. Also included: a free demo, 365 days of free updates renewed continuously by experts, a 50% renewal discount afterward, unlimited installations, and 24-hour full-time online service.

The official Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional outline organizes the exam into 8 domains. The three heaviest are Implementing Enterprise and Financial Reporting Structures (15%), Enabling Redwood Capabilities (2%), and Implementing Ledgers (15%). The complete list is in the topics section above, and the 145 practice questions at PrepAwayTest cover every domain.

The 1Z0-1054-26 exam is a Oracle certification exam covering the Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional syllabus shown above. It contributes to these credential paths: Oracle Fusion Cloud Financials: General Ledger Certified Implementation Specialist. It has a reputation for being demanding — which is exactly why the credential carries weight with employers in 2026. PrepAwayTest prepares you with 145 practice questions in PDF, Desktop Test Engine, and Online Test Engine formats.

You need 68% to pass the Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional exam, and registration costs USD 245. Since retakes are priced the same, verifying readiness with the PrepAwayTest practice engines first is simply good budgeting.

Oracle recommends these training resources for the Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional exam:

Pair the training with the 145 practice questions from PrepAwayTest — renewed continuously, they keep your practice aligned with the newest exam information.

PrepAwayTest refunds you in full if you take the Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional exam within 60 days of purchase and do not pass. The policy does not apply if the exam is taken within 3 days of purchase, if the exam was never actually taken, or to free materials or expired orders, and the candidate name must match the payer name. Submit a scan of your enrollment slip and the official Score Report PDF within 2 days of the exam; claims are processed within 7 days. Alternatively, exchange for two free exam products of equal value and keep your original update service. Delivery is by email within 1 minute of purchase — contact support if nothing arrives within 2 hours.

Online proctored or onsite at Oracle testing centers Register for the Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional exam through these official channels:

After booking, your PrepAwayTest practice questions arrive by email within 1 minute — preparation can begin immediately.

The Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional exam presents 36 within 90 minutes. That pacing is part of the challenge — rehearse it with the timed mode in the PrepAwayTest Desktop Test Engine.

No prerequisites required. Candidates with valid/lapsed 2019+ General Ledger implementation certifications qualify for free Delta exam. Requirements are updated from time to time, so confirm the latest on the official Oracle exam page before scheduling.

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

You need to set up a calendar for the year Apr-XX to Mar-YY where YY is the following year, and you would like the periods to be named according to the year they fall in.
What format should you choose?

  • A. Calendar Year
  • B. Year
  • C. Period
  • D. Fiscal Year
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Explanation: Only visible for PrepAwayTest members. You can sign-up / login (it's free).

When creating your financial statements, you want a chart such as a bar graph to be included in the report output. Which two reporting tools allow you to achieve this?

  • A. Financial Reporting Studio
  • B. Financial Statement Generator
  • C. Account Inspector
  • D. Smart View
Reveal Solution  Discussion  0

Correct Answer: A,D  🗳️

Explanation: Only visible for PrepAwayTest members. You can sign-up / login (it's free).

What is the key functionality of Smart View in Oracle Cloud Financial Reporting?

  • A. It is a mobile application for accessing real-time financial dashboards on smartphones and tablets.
  • B. It is an Excel based add in that integrates with Oracle Essbase GL data for performing financial analysis and reporting.
  • C. It is a data visualization tool that offers a library of interactive charts and graphs for financial analysis.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Budgetary control for accounts 5020 and 5021 has a budget of $90,000 USD each for the year 2012. The accounts also have balances on obligation of $10,000 USD for each and an expenditure of $20,000 USD for each.
A Fund of $50,000 USD is available for account 5020 only. You have run the Encumbrance Year End Carry Forward process for obligation from the last period of the year 2012 to the first period of year 2013.
Which statement is true?

  • A. The Encumbrance Year End Carry Forward process will run for all the accounts to carry forward the general ledger balances.
  • B. If you have included 5020 and 5021 in the encumbrance rule, then only the obligation of $10,000 USD will be carried forward.
  • C. If you have included 5020 and 5021 in the encumbrance rule, then obligation $10,000 USD and expenditure $20,000 USD only will be carried forward.
  • D. If you have included 5020 and 5021 in the encumbrance rule, then budget balances $90,000 USD, obligation $10,000 USD, and expenditure $20,000 USD only will be carried forward.
  • E. If you have included 5020 and 5021 in the encumbrance rule, then budget balances $90,000 USD, obligation $10,000 USD, and expenditure $20,000 USD, and the funds available $50,000 USD will be carried forward.
Reveal Solution  Discussion  0

Correct Answer: E  🗳️

Your organization has frequent fund transfers between entities to meet working capital requirements and address internal financing needs. You decide to use the Multitier Intercompany functionality to address those needs.
Which two components of Multitier Intercompany need to be created to generate an intercompany transaction for General Ledger?

  • A. Intercompany Transfer Authorization
  • B. Transaction Account Definition
  • C. Intercompany Customer Supplier Association
  • D. Intercompany Agreement
  • E. Intercompany Receivables Assignment
Reveal Solution  Discussion  0

Correct Answer: A,D  🗳️

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