Oracle Financials Cloud: General Ledger 2021 Implementation Essentials : 1Z0-1054-21 exam dump

  • Exam Code: 1Z0-1054-21
  • Exam Name: Oracle Financials Cloud: General Ledger 2021 Implementation Essentials
  • Updated: Jun 02, 2026
  • Q&As: 136 Questions and Answers

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Oracle Financials Cloud: General Ledger 2021 Implementation Essentials Sample Questions:

1. You are creating financial Statements and want to have charts, such as a bar graph, automatically inserted to improve the understanding of the financial results. How would you achieve this? (Choose Two)

A) When viewing the report, download to Excel and use Excel's charting features to create your bar graph
B) when designing your financial statement using financial report (FR), embed a chart into your report.
C) use Account Inspector that automatically creates graphs on financials balances
D) Use Smart View, which is and Excel Add-on


2. Account combinations can be created and/or modified using the Import Account Combinations file- based data import (FBDI).Which represents the appropriate upload steps?

A) Submit the Import Account Combinations process, then insert rows into the GL_MULTI_COMBINATIONS_INT table using the FBDI template.
B) Submit the Import Account Combinations process, then insert rows into the GL_BULK_COMBINATIONS_INT table using the FBDI template.
C) Insert rows into the GL_MULTI_COMBINATIONS_INT table using the FBDI template and then submit the Import Account Combinations process.
D) Insert rows into the GL_BULK_COMBINATIONS_INT table using the FBDI template and then submit the Import Account Combinations process.


3. The Budget Manager specify the budget accounts they want to monitor and decide on percentage threshold of funds availability. Where must you define the details while analyzing budget balances in the budget Account Monitor Page?

A) Application Development Framework Desktop Integration (Adfdi)
B) Account Group
C) Budget Controller
D) Budget Account Group
E) Budget Group


4. our Financial Analyst needs to interactively analyze General Ledger balances with the ability to drill down to originating transactions. Which three features facilitate this? (Choose three)

A) Smart View
B) Account Monitor
C) Sunburst Report
D) OTBI
E) Account Inspector


5. You need to integrate Fusion Accounting Hub with external source systems used for Billing. Identify the step that is not correct when implementing this integration.

A) Capture accounting events
B) Determine the accounting impact of transactions
C) Create the accounting in the source system and then import the journal entries into subledger accounting
D) Analyze external system transactions


Solutions:

Question # 1
Answer: B
Question # 2
Answer: D
Question # 3
Answer: D
Question # 4
Answer: A,B,E
Question # 5
Answer: C

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