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Instant Download Oracle : 1Z1-1004 Questions & Answers as PDF & Test Engine
- Exam Code: 1Z1-1004
- Exam Name: Oracle Financials Cloud: General Ledger 2018 Implementation Essentials
- Updated: Oct 13, 2026
- No. of Questions: 80 Questions and Answers
- Download Limit: Unlimited
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Oracle 1Z1-1004 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: General Ledger 2018 Implementation Essentials |
| Exam Number: | 1Z0-1004 |
| Exam Price: | USD $245 |
| Related Certifications: | Oracle Financials Cloud Certified Implementation Specialist |
| Certificate Validity Period: | Oracle certification does not expire; credential version is tied to the product release year |
| Exam Duration: | 120 minutes |
| Real Exam Qty: | 80 |
| Passing Score: | 65% |
| Exam Format: | Scenario-based Questions, Multiple Choice |
| Available Languages: | English |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Delivered through Pearson VUE testing centers and Oracle online-proctored exam delivery where available. |
| Pre Condition: | Oracle recommends hands-on experience implementing Oracle Financials Cloud General Ledger solutions and completion of relevant Oracle University training courses. |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1Z1-1004 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Enterprise Structures | - Configure Chart of Accounts - Manage Value Sets - Configure Trees and Hierarchies - Manage Cross-Validation Rules |
| Topic 2: Journal Processing | - Configure Recurring Journals - Manage Journal Approval - Create and Post Journals - Use Spreadsheet Integration |
| Topic 3: Subledger Accounting | - Configure Accounting Methods - Manage Accounting Rules - Transfer and Post Subledger Entries |
| Topic 4: Reporting and Dashboards | - BI Publisher Reporting - Smart View Integration - Oracle Transactional Business Intelligence - Financial Reporting Center |
| Topic 5: Intercompany Processing | - Perform Intercompany Reconciliation - Configure Intercompany Organizations - Manage Intercompany Transactions |
| Topic 6: General Setup | - Configure Currencies - Configure Ledgers - Manage Accounting Calendars - Manage Legal Entities and Business Units |
| Topic 7: Budgetary Control and Encumbrance Accounting | - Manage Funds Checking - Configure Encumbrance Accounting - Configure Budgetary Control |
| Topic 8: Period Close | - Perform Close Processes - Manage Accounting Periods - Monitor Close Status |
Oracle Financials Cloud: General Ledger 2018 Implementation Essentials Essentials: Try, Buy, Study
The official Oracle Financials Cloud: General Ledger 2018 Implementation Essentials outline assigns its weights like this:
- Subledger Accounting ()
- Enterprise Structures ()
- Intercompany Processing ()
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Oracle Financials Cloud: General Ledger 2018 Implementation Essentials Sample Questions:
You are setting up Close Monitor, which compromises a ledger set hierarchy definition.
Which two components of the enterprise structure should the ledgers in the ledger set share? (Choose two.)
- A. Chart of Accounts, Currency, Accounting Calendar, and Subledger Accounting Method
- B. Chart of Accounts
- C. Accounting Calendar
- D. Legal Entities, Business Units, and Chart of Accounts
- E. Chart of Accounts and Business Units
Correct Answer: B,C 🗳️
When working with Essbase, versions of the tree hierarchy as defined in the General Ledger Cloud are not available in the Essbase balances cube. What should you do to correct this situation?
- A. Redeploy the chart of accounts
- B. Make sure to flatten the rows of the tree version
- C. Make sure the tree is active
- D. Make sure the tree version was published successfully
Correct Answer: D 🗳️
You are defining an income statement report. You want to allow viewers of the report to be able to drill down from report balances to the underlying transactions. What so you need to enable?
- A. Report Functions
- B. Nothing. All report balances are drillable in all FR Studio reports
- C. Drill Through in Grid Properties
- D. Allow Expansion
Correct Answer: C 🗳️
You set up a secondary ledger using the Manage Secondary Ledger task and selected a data conversion level of subledger. Which two actions should you now perform? (Choose two.)
- A. Define Supporting References with balances
- B. Assign a Subledger Accounting Method to the secondary ledger
- C. Define Journal Conversion Rules that include subledgers in order to transfer subledger transactions
- D. Define Journal Conversion Rules that exclude subledgers
- E. Ensure that the Accounting Calendar and Currency are the same as the Primary Ledger
Correct Answer: B,C 🗳️
The Delete Translated Balances process provides the ability to completely reset translations in the event that significant changes are made to the accounting configuration.
Once the deletion process completes, what additional process must you run?
- A. Submit the Create General Ledger Balances Cube process to ensure that the balances cube maintains translated balances that are consistent with future translations.
- B. Submit the Create Currency Dimension Members process to ensure that the balances cube maintains translated balances that are consistent with future translations.
- C. Submit the Update General Ledger Balances Cube process to ensure that the balances cube maintains translated balances that are consistent with future translations.
- D. Submit the Create Scenario Dimension Members process to ensure that the balances cube maintains translated balances that are consistent with future translations.
Correct Answer: A 🗳️
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