Oracle 1Z0-1054-26 Free Exam Questions (Updated 2026)

The Journal Import process pulls information from the GL Interface table to create valid, postable journal entries in General Ledger. Which two statements are true about the Journal Import process?

Your organization would like to use the journal sequencing functionality in General Ledger. You want to include all journal sources but would like a different sequence assigned to journals originating in the Joint Venture application. What should you create to achieve this?

What are The two advantages of having an intercompany segment in the Chart of Accounts?

Your organization has implemented a global Chart of Accounts, which is used by all ledgers. It has the following segments Company, Department, Account, Intercompany and Future. Your business practice allows for one intercompany receivable natural account and one intercompany payable natural account. What is the minimum level for configuring intercompany balancing rules?

You are designing an approval rule where a specific person is required to approve the journal. Which
two list builders should you use to achieve this?