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Free Oracle 1Z0-1054-25 Actual Exam Questions

The questions for this exam were last updated on January 7, 2026

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Question No. 1
Your new accountants have been making mistakes in reconciling accounts assigned to them. Your
account balances have either spiked or dropped 30–40% every period due to human error. This
causes delays in reconciliation.
Which feature can be used to proactively notify you of account anomalies in a more timely manner?
Select one option, then reveal solution.
Question No. 2
Which two statements are true about infotiles and infolets?
Select all that apply, then reveal solution.
Question No. 3
A new Oracle Fusion Cloud client needs to produce an income statement on a regular basis using
Smart View. Which Smart View tool would be best for this?
Select one option, then reveal solution.
Question No. 4
You notice that a lot of erroneous address data is being saved. How do you ensure that only valid
addresses are entered in the system?
Select one option, then reveal solution.
Question No. 5
You want to prevent intercompany transactions from being entered during the last day of the close.
What should you do?
Select one option, then reveal solution.
Question No. 6
You attempt to activate a tree version, but the audit process fails. In which two ways can you resolve
this?
Select all that apply, then reveal solution.
Question No. 7
Which three Oracle Transactional Business Intelligence (OTBI) objects can be created by using the
tools in the Oracle Business Intelligence (BI) catalog?
Select all that apply, then reveal solution.
Question No. 8
Which two statements are true regarding the export/import of reports?
Select all that apply, then reveal solution.
Question No. 9
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.
Select one option, then reveal solution.
Question No. 10
Your customer has a large number of legal entities. The legal entity values are defined in the
company segment and the primary balancing segment.
They want to easily create eliminating entries for the intercompany activity.
What should you recommend?
Select one option, then reveal solution.
Question No. 11
Your customer is a financial institution that needs to maintain average daily balances (ADB).
Which statement is true about this functionality in Oracle Fusion Cloud applications?
Select one option, then reveal solution.
Question No. 12
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?
Select one option, then reveal solution.
Question No. 13
You are using the Create Budgets in a Spreadsheet option to load your budget balances into the GL
balances cube. Your FYXX Budget is not appearing in the Budget Name list of values.
Which two are the reasons for this?
Select all that apply, then reveal solution.
Question No. 14
Your company has complex consolidation requirements with multiple general ledger instances. You
are using Oracle Hyperion Financial Management to consolidate the disparate General Ledgers.
You can typically map segments between your general ledger segment to a Hyperion Financial
Management segment, such as:
Company to Entity
Department to Department
Account to Account
What happens to segments in your source general ledger, such as Program, that cannot be mapped
to Hyperion Financial Management?
Select one option, then reveal solution.
Question No. 15
The intercompany accountants on the cloud project are trying to reconcile intercompany balances
using the latest intercompany reconciliation report.
However, they have some concerns about the information presented in the report and want you to
clarify the content in the standard reconciliation report.
What is included in the intercompany reconciliation report?
Select one option, then reveal solution.