Free Oracle 1Z0-1054-26 Exam Questions

Become Oracle Certified with updated 1Z0-1054-26 exam questions and correct answers

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Total 231 Questions | Updated On: Sep 24, 2026
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Question 1

You are reconciling your Payable sand Receivables balances against the General Ledger. You are using the Payables to Ledger Reconciliation report. You notice discrepancies between the balances in the subledgers, subledger accounting, and general ledger. Which three factors are responsible for these out-of-balance situations?


Answer: A,B,D
Question 2

Your organization would like to use the journal sequencing functionality in General Ledger. You want to include all journal sources but would like a different sequence assigned to journals originating in the Joint Venture application. What should you create to achieve this?


Answer: C
Question 3

Financial Reporting Web Studio is a powerful tool within the Oracle Fusion Cloud suite, designed to empower financial professionals with advanced reporting capabilities. Which two are key capabilities of Financial Reporting Web Studio?


Answer: A,B
Question 4

You are reconciling your Payables and Receivables balances against the General Ledger. You are using the Payables to Ledger Reconciliation report. You notice discrepancies between the balances in the subledgers, subledger accounting, and general ledger. Which three factors are responsible for these out-of-balance situations?


Answer: A,D,E
Question 5

You are processing intercompany transactions in a country where accounting regulations require backing documents for each intercompany transfer. You decide to use the Intercompany module to ensure you can produce the relevant Accounts Payable and Accounts Receivable invoices. How would you enable invoicing?  


Answer: D
Page:    1 / 47      
Total 231 Questions | Updated On: Sep 24, 2026
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