Oracle 1Z0-1054-25 Exam Dumps

Get All Oracle Fusion Cloud Financials: General Ledger 2025 Implementation Professional Exam Questions with Validated Answers

1Z0-1054-25 Pack
Vendor: Oracle
Exam Code: 1Z0-1054-25
Exam Name: Oracle Fusion Cloud Financials: General Ledger 2025 Implementation Professional
Exam Questions: 123
Last Updated: March 24, 2026
Related Certifications: Oracle Cloud , Enterprise Resource Planning
Exam Tags: Professional Financials Cloud Implementation Consultants or Financial Systems Analysts
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Free Oracle 1Z0-1054-25 Exam Actual Questions

Question No. 1

InFinancial Cloud, which three reporting tools can be used to accessGeneral Ledger balances?

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Correct Answer: A, C, D

Question No. 2

What are the tables or views from which the Create Accounting program takes source data that is used in rules to create journal entries?

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Correct Answer: C

Question No. 3

You are setting up Close Monitor and want to view high-level profit and loss results for each ledger.

What should you associate with the ledger set to achieve this?

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Correct Answer: B

To view high-level profit and loss results for each ledger in the Close Monitor, you need to associate a Financial Reporting Web Studio report with the ledger set. This report should be based on the General Ledger Balances cube and should include the Income Statement account group as a row dimension. The report should also have the ledger set as a point of view dimension and the period and currency as user prompts. This way, you can select the ledger set, period, and currency when you run the report from the Close Monitor and see the aggregated income statement results for each ledger and consolidation node in the ledger set hierarchy.Reference:Overview of Close Monitor,Using General Ledger,Close Monitor Issue


Question No. 4

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?

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Correct Answer: E

Question No. 5

You are setting up Close Monitor for your organization. What is the key consideration when selecting the ledgers or ledger sets that form part of the Close Monitor hierarchy?

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Correct Answer: A

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