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Oracle Fusion Cloud Financials: General Ledger 2025 Implementation Professional 1Z0-1054-25 Exam

Attempt the Oracle Cloud practice test and solve real exam-like 1Z0-1054-25 questions to prepare efficiently and increase your chances of success. Our Oracle 1Z0-1054-25 practice questions match the actual Oracle Fusion Cloud Financials: General Ledger 2025 Implementation Professional exam format, helping you enhance confidence and improve performance. With our 1Z0-1054-25 practice exam software, you can analyze your performance, identify weak areas, and work on them effectively to boost your final Oracle Cloud exam score.

Vendor:	Oracle
Exam Name:	Oracle Fusion Cloud Financials: General Ledger 2025 Implementation Professional
Registration Code:	1Z0-1054-25
Related Certification:	Oracle Cloud , Oracle ERP Certifications
Exam Audience:	Financials Cloud Implementation Consultants or Financial Systems Analysts,

Total Questions

123

Last Updated

19-01-2026

Exam Duration

90 MINUTES

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Question: 1

What are two uses of the Column Flattening and Row Flattening features?

AVerify correctness of trees.

BView information for runtime performance.

CCreate additional versions of a tree.

DSet the status of a tree to active.

EOptimize parent/child relationships.

Answer: B, E

Question: 2

In which two ways can your users personalize the Springboards and Work Areas to suit their individual

working styles? (Choose two.)

AThey can format certain tables by hiding and showing columns, moving columns, and resizing columns

BUsers have very little control configuring their Springboards and Work Areas; they can only resize columns

CThey can have the System Administrator configuring pages for them using Page Composer

DThey can use ''+'' under the Apps section of the News Feed homepage

Answer: A, D

Explanation:

According to Oracle documentation2, your users can personalize the Springboards and Work Areas to suit their individual working styles in these two ways: They can format certain tables by hiding and showing columns, moving columns, and resizing columns, and they can use ''+'' under the Apps section of the News Feed homepage. Springboards and Work Areas are user interface components that enable users to access tasks and information relevant to their roles. Users can customize these components by adding or removing tiles, changing layouts, filtering data, and formatting tables. Therefore, options A and D are correct. Option B is incorrect because users have more control over configuring their Springboards and Work Areas than just resizing columns. Option C is incorrect because users do not need to have the System Administrator configuring pages for them using Page Composer.

Question: 3

Your customer is a financial institution that needs to maintain average daily balances (ADB).

Which statement is true about this functionality in Oracle Fusion Cloud applications?

AAverage balances are stored for both subledger and general ledger balances.

BAverage balances are maintained for both actual and budget balances.

CWhen using ADB, you must define a transaction calendar and assign it to your ledger.

Answer: 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?

AIntercompany transactions have not been fully processed.

BPeriod Close processes, such as Revaluation, Translation, and Consolidation have not been performed yet.

CThere were manually entered journals against the Payables and Receivables accounts that were posted in General Ledger.

DSubledger transactions have been accounted and transferred to General Ledger but have not been posted.

EAll subledger transactions have been entered but do not have complete accounting.

Answer: A, B, D

Question: 5

SIMULATION

Manage Chart of Accounts Structure and Instance

Scenario

Your client is implementing Oracle Fusion Cloud Financials. The decision is to have a 5-segment Chart of Accounts: Company, Cost Center, Account, Product, and Intercompany. You are working in

the General Ledger team and will be responsible for creating the Chart of Accounts Structure and Instance for the Chart of Accounts.

Task 1

Create a Chart of Accounts Structure and Instance for the following Chart of Accounts:

Exam Question 5 Exhibit 1

Note:

* Prefix all your setups with 07, where 07 is your candidate ID

* There is one balancing segment.

* Choose the appropriate segment labels.

. For the purpose of this test there is no need to deploy the flexfield.

. Valid code combinations should be added to the Code Combination table automatically.

* Shorthand aliases will not be implemented.

. Accept the defaults for the instance segments.

ASee the Explanation for the complete Solution

Answer: A

Explanation:

Here are the steps you need to follow:

Navigate to the Setup and Maintenance work area and search for the task Manage Chart of Accounts Structures.

Click on the Create icon to create a new Chart of Accounts Structure. Enter the following information:

Structure Code: 07COA

Structure Name: 07 Chart of Accounts

Description: Chart of Accounts for candidate 07

Number of Segments: 5

Click on the Next button to define the segments. Enter the following information for each segment:

Segment Number: 1

Segment Name: Company

Value Set Code: 07Corporate Company

Value Set Name: 07 Corporate Company

Maximum Size: 3

Balancing: Yes

Segment Label: Company

Segment Number: 2

Segment Name: Cost Center

Value Set Code: 07Corporate Cost Center

Value Set Name: 07 Corporate Cost Center

Maximum Size: 4

Balancing: No

Segment Label: Cost Center

Segment Number: 3

Segment Name: Account

Value Set Code: 07Corporate Account

Value Set Name: 07 Corporate Account

Maximum Size: 8

Balancing: No

Segment Label: Natural Account

Segment Number: 4

Segment Name: Product

Value Set Code: 07Corporate Product

Value Set Name: 07 Corporate Product

Maximum Size: 3

Balancing: No

Segment Label: Product

Segment Number: 5

Segment Name: Intercompany

Value Set Code: 07Corporate Company

Value Set Name: 07 Corporate Company

Maximum Size: 3

Balancing: No

Segment Label: Intercompany

Click on the Next button to review the summary and click on the Save and Close button to save the Chart of Accounts Structure.

Navigate to the Setup and Maintenance work area and search for the task Manage Chart of Accounts Structure Instances.

Click on the Create icon to create a new Chart of Accounts Structure Instance. Enter the following information:

Structure Code: 07COA

Structure Name: 07 Chart of Accounts

Description: Chart of Accounts for candidate 07

Chart of Accounts Structure: 07COA

Enabled: Yes

Allow Dynamic Inserts: Yes

Click on the Next button to review the summary and click on the Save and Close button to save the Chart of Accounts Structure Instance.

You have successfully created a Chart of Accounts Structure and Instance for the given scenario. For more information, you can refer to the following resources:

Chart of Accounts Structures and Instances

Chart of Accounts Components

Minimum Steps For Financial Enterprise Structures Configuration

Overview of Creating and Configuring Chart of Accounts Structure and Instances

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