Oracle 1Z0-1054-26 Exam : Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional

Your ledger currency is USD. At month end you have a balance on the Accounts Payable Liability Account of
100,000 Euros which is equivalent to USD 136,550. This balance needs to be revalued.
The month end exchange rate for revaluation is 1 Euro = 1.3755 USD.
What two statements are true for the resulting revaluation run? (Choose two.)

• A. You have an unrealized exchange gain recorded.
• B. The original journal entry in Euros is updated.
• C. You have an unrealized exchange loss recorded.
• D. The original journal entry in Euros remains the same.
• E. There is no unrealized exchange gain or loss calculated.

You are capturing rental costs for a building in a corporate cost center. At month end, you want to allocate those costs to the cost centers in the building based on the floor area occupied. A statistical journal has been entered to record the floor area. You use Calculation Manager to create the allocation.
Where do you reference the statistical balance within the allocation component?

• A. Basis
• B. Source
• C. Offset
• D. Target
• E. Allocation Range

You already ranTranslation, but a last-minuteadjusting journal entryin yourledger currencywas entered after you consolidated your results.
What does Oracle considerbest practicewhen this occurs?

• A. Translate only the adjusting journal entry.
• B. Enter another adjusting journal entry in the target currency to true up the balances.
• C. Rerun Revaluation and then rerun Translation.
• D. Rerun Translation and then reconsolidate your results.

An Oracle Fusion Cloud customer operating in the financial services sector requires only a subset of the legal entities data captured in the primary ledgers to be transferred to the secondary ledgers.
Which journal data conversion level should be selected between the primary and secondary ledgers to achieve this?

• A. Journal
• B. Balance
• C. Adjustment only

You are creating an allocation rule and are unable to see the additional cost center hierarchy that you created for the allocation range.
What is the reason for this?

• A. The hierarchy is not assigned to the ledger currency.
• B. The hierarchy is published to the GL Balances Cube.
• C. The hierarchy is not published to the GL Balances Cube.
• D. There can be only one hierarchy published to the Essbase cube at any time.