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Get All Oracle Fusion Cloud Financials: General Ledger 2025 Implementation Professional Exam Questions with Validated Answers
| 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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InFinancial Cloud, which three reporting tools can be used to accessGeneral Ledger balances?
What are the tables or views from which the Create Accounting program takes source data that is used in rules to create journal entries?
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?
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
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?
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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