Oracle Fusion Cloud Financials: General Ledger 2026 Implementation Professional - 1Z0-1054-26 FREE EXAM DUMPS QUESTIONS & ANSWERS

A. When the purchase order is set to accrue at receipt and partially received, then canceled or finally closed, encumbrance goes back to the budget to the extent of the unreceived amount. B. The purchase order is canceled or finally closed or rejected without performing any receipt or invoice. C. The requisition reserved successfully undergoes amendment and is rejected in the reapproval. D. When the requisition is set to accrue at period end and partially billed and then canceled or finally closed, encumbrance goes back to the budget to the extent of the unbilled amount.

A. Hierarchies for reporting and allocations do not have to be published to Essbase cubes. B. You can have only one version of a hierarchy published to the Essbase cube at any time. C. Child values in these hierarchies can belong to only one parent. D. Hierarchies for reporting and allocations have to be published to Essbase cubes.

A. The historical rate is replaced. B. Historical rates are converted into an average rate (original and new rate). C. Nothing, existing historical rates are not updated. D. The existing historical rate is deleted.

A. They are updated automatically when the General Ledger period is opened. B. They are updated automatically when the Revaluation process is run. C. A new Balances Cube is created for a unique combination of Ledger and Currency. D. They are updated automatically when the Translation process is run. E. New dimensions can be added to a General Ledger Balances Cube.

A. You can create, update, and delete account rules for a chart of accounts mapping. B. You can download the template only from the Manage Chart of Accounts Mappings page. C. It supports external integration using REST services. D. You can create, update, and delete segment rules for a chart of accounts mapping.

A. The Translation process can only be used to translate balance sheet accounts. B. Any resulting offset from the translation is entered in the Cumulative Translation Adjustment account. C. If necessary, before submitting the Translation process, the Revaluation process should be completed. D. The Translation process can only be used for translating the balances of Secondary ledgers. E. The Translation process should be run before posting Period Close adjustment entries.

A. Access is Shared B. Set in Expenses C. Set as Default D. Access is Public

A. The description rule can only be assigned to the header or line level. B. You cannot assign journal description rules to sources. C. The description rule can only be assigned to the journal line level. D. The description rule may be assigned to either the header or line level, or to both. E. The sources must also be assigned to the accounting event class that is assigned to the journal entry rule set.