Oracle 1Z1-1004 valid exam dumps : Oracle Financials Cloud: General Ledger 2018 Implementation Essentials

  • Exam Code: 1Z1-1004
  • Exam Name: Oracle Financials Cloud: General Ledger 2018 Implementation Essentials
  • Updated: Sep 15, 2026
  • Q&As: 80 Questions and Answers

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About Oracle 1Z1-1004 Valid Exam Braindumps

Limited study time demands unlimited efficiency, and that is the whole design brief behind the Oracle Financials Cloud: General Ledger 2018 Implementation Essentials package at ValidDumps: 80 verified 1Z1-1004 practice questions, engineered so every session moves you measurably toward a pass.

Oracle 1Z1-1004 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Financials Cloud: General Ledger 2018 Implementation Essentials
Exam Number:1Z0-1004
Available Languages:English
Exam Format:Multiple Choice, Scenario-based Questions
Exam Price:USD 245
Related Certifications:Oracle ERP Cloud Financials Implementation
Oracle Financials Cloud: Receivables Implementation Essentials
Oracle Financials Cloud: Payables Implementation Essentials
Certificate Validity Period:Typically does not expire or follows Oracle certification policy (subject to Oracle program updates)
Exam Duration:120 minutes
Passing Score:Approximately 65% (Oracle exam passing scores are not always publicly fixed)
Real Exam Qty:60-80
Recommended Training:Oracle University Financials Cloud: General Ledger Training
Oracle ERP Cloud Financials Learning Path
Exam Registration:Oracle Certification Exam Registration
Oracle Exam Details Page
Sample Questions:1Z1-1004 exam dumps
Exam Way:Online proctored exam or onsite testing center via Pearson VUE
Pre Condition:No strict prerequisites required, but knowledge of Oracle Financials Cloud ERP fundamentals is recommended.
Official Syllabus URL:https://education.oracle.com

Oracle 1Z1-1004 Exam Syllabus Topics:

SectionObjectives
Topic 1: Journal Processing- Approval and Validation
  • 1. Journal approval workflows
    • 2. Error handling and correction
      - Journal Entries
      • 1. Manual journal creation and posting
        • 2. Recurring and reversing journals
          Topic 2: Accounting and Subledger Integration- Integration with Oracle Financials Cloud Modules
          • 1. Intercompany accounting
            • 2. Payables and Receivables integration
              - Subledger Accounting (SLA)
              • 1. Accounting rules and methods
                • 2. Journal import from subledgers
                  Topic 3: General Ledger Setup and Configuration- Ledger Definition and Setup
                  • 1. Primary ledger configuration
                    • 2. Secondary ledgers and ledger sets
                      - Chart of Accounts
                      • 1. Structure and segment setup
                        • 2. Value sets and validation rules
                          Topic 4: Period Close and Reporting- Financial Reporting
                          • 1. Financial reporting studio basics
                            • 2. Standard GL reports
                              - Period Close Process
                              • 1. Reconciliation procedures
                                • 2. Period opening and closing activities
                                  Topic 5: Currency and Accounting Controls- Multi-currency Accounting
                                  • 1. Revaluation and translation
                                    • 2. Currency setup and conversion rates
                                      - Security and Controls
                                      • 1. Audit and compliance controls
                                        • 2. Roles and responsibilities

                                          1Z1-1004 Exam Questions Candidates Actually Ask

                                          Oracle Financials Cloud: General Ledger 2018 Implementation Essentials is an official Oracle exam, catalogued under the code 1Z1-1004. Passing it awards the Oracle Financials Cloud Implementation Specialist certification at the Professional level. It also links to Oracle Financials Cloud: Payables Implementation Essentials, Oracle Financials Cloud: Receivables Implementation Essentials, Oracle ERP Cloud Financials Implementation, which broadens its career value. Qualifying exams exist to prove ability in a measurable way, and this one proves yours against the vendor's own standard.

                                          Oracle Financials Cloud: General Ledger 2018 Implementation Essentials gives you 60-80 questions and 120 minutes to answer them. Treat time as a resource to allocate, not a countdown to fear: rehearse full sessions in the ValidDumps test engine, practice skipping and returning, and build the calm familiarity that lets your actual knowledge show up on exam day.

                                          Passing Oracle Financials Cloud: General Ledger 2018 Implementation Essentials takes Approximately 65% (Oracle exam passing scores are not always publicly fixed), and the official fee is USD 245. Retakes cost the full USD 245 again, which makes verified readiness the cheapest insurance there is. Track your ValidDumps practice scores across sessions and book the exam only when clearing the requirement has become your baseline, not your best day.

                                          No strict prerequisites required, but knowledge of Oracle Financials Cloud ERP fundamentals is recommended.

                                          Since vendor requirements are revised periodically, confirm the current conditions before registering on the official exam page.

                                          Registration for Oracle Financials Cloud: General Ledger 2018 Implementation Essentials runs through the official channels below.

                                          One scheduling note: the exam is delivered Online proctored exam or onsite testing center via Pearson VUE.

                                          Oracle recommends the following training for Oracle Financials Cloud: General Ledger 2018 Implementation Essentials candidates.

                                          Whichever path you choose, reinforce it with the 80 practice questions in the ValidDumps 1Z1-1004 package, because exam confidence is built by answering, not just reading.

                                          Yes. ValidDumps provides a free PDF demo of the Oracle Financials Cloud: General Ledger 2018 Implementation Essentials material, so the product can earn your trust before it earns your money. After purchase, updates are free for 365 days, and once your product expires you can extend the update service at a 50% discount.

                                          Your purchase carries a 100% money-back guarantee with defined conditions. Take the Oracle Financials Cloud: General Ledger 2018 Implementation Essentials exam within 60 days of purchase; if you fail, you can claim a full refund, provided the exam matches your product. Attempts within 3 days of purchase are not eligible, and neither are downloaded-but-unused products, free materials, or expired orders; the candidate name must match the payer name. File with a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and claims are processed within 7 days. If you prefer, exchange instead: two other exam products of equal value, free, with the update service on your original purchase retained.

                                          Delivery is instant: files unlock for download at payment and are emailed within one minute. If nothing arrives within 2 hours, check spam and contact customer service. Installation is unlimited across your computers.

                                          The Oracle Financials Cloud: General Ledger 2018 Implementation Essentials exam is divided into 5 domains. The most prominent are Journal Processing, General Ledger Setup and Configuration, and Accounting and Subledger Integration. The complete outline is above on this page; candidates who know the map waste far less time getting to the destination.

                                          Oracle Financials Cloud: General Ledger 2018 Implementation Essentials Sample Questions:

                                          Question #1

                                          Your customer has enabled budgetary control for purchase orders. They have a purchase order for $1,000 USD which is fully reserved. An invoice for $600 is entered and matched to the purchase order, and the purchase order is closed for further invoicing.
                                          What happens to the remaining $400 USD?

                                          • A. $400 USD will be expired and not available for use
                                          • B. Manual encumbrance journal needs to be entered in General Ledger to release the budget amount of
                                            $400 USD
                                          • C. $400 USD will be added back to available funds
                                          • D. Invoice type will have less funds available by $400 USD
                                          • E. Only obligation type will have $400 USD funds available
                                          Reveal Solution  Discussion  0

                                          Correct Answer: C  🗳️

                                          Question #2

                                          Identify three differences between Oracle Transactional Business Intelligence (OTBI) and Oracle Business Intelligence Applications (OBIA). (Choose three.)

                                          • A. OBIA works for multiple sources including E-Business Suite, PeopleSoft, JD Edwards, SAP, and Cloud Applications
                                          • B. OBIA is based on the universal data warehouse design with different prebuilt adapters that can connect to various source applications.
                                          • C. Both OBIA and OTBI provide a set of predefined reports and dashboards and a library of metrics that help to measure business performance.
                                          • D. Cloud customers can use both OTBI and OBIA
                                          • E. OTBI allows you to create custom reports from real-time transactional data against the database directly
                                          Reveal Solution  Discussion  0

                                          Correct Answer: A,B,E  🗳️

                                          Question #3

                                          Your 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. Account Monitor
                                          • B. Sunburst reports
                                          • C. Account Inspector
                                          • D. Smart View
                                          • E. Online Transactional Business Intelligence
                                          Reveal Solution  Discussion  0

                                          Correct Answer: A,C,D  🗳️

                                          Question #4

                                          How can your Accounting Manager expedite journal processing during the time-critical month-end close?

                                          • A. by running the Journals report using Business Intelligence Publisher
                                          • B. by using the Journals region to view journals Requiring Attention, Requiring Approval, and Pending Approval from Other
                                          • C. by creating an ad hoc query on journals using Oracle Transactional Business Intelligence (OTBI)
                                          • D. by using the Close Status monitor to drill down on the close status across ledgers
                                          Reveal Solution  Discussion  0

                                          Correct Answer: B  🗳️

                                          Question #5

                                          All of your subsidiaries can share the same ledger with their parent company and all reside on the same application instance.
                                          They do perform intercompany accounting. What is Oracle's recommended approach to performing consolidations?

                                          • A. Use General Ledger's Balance Transfer programs to transfer subsidiary ledger balances to the parent ledger, and then enter eliminating entries as a separate balancing segment in the parent ledger.
                                          • B. Define multiple ledgers for consolidation and report on ledger set
                                          • C. Use General Ledger's Financial Reporting functionality to produce consolidated reports by balancing segment where each report represents a different subsidiary. Any eliminating entries can be entered in yet another separate balancing segment
                                          • D. Use Oracle Hyperion Financial Management for this type of complex consolidation
                                          Reveal Solution  Discussion  0

                                          Correct Answer: D  🗳️

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