1Z1-1004 exam dumps

Oracle 1Z1-1004 Value Package

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  • Exam Code: 1Z1-1004
  • Exam Name: Oracle Financials Cloud: General Ledger 2018 Implementation Essentials
  • No. of Questions: 80 Questions and Answers
  • Updated: Oct 19, 2026

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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 Duration:120 minutes
Certificate Validity Period:Oracle certification does not expire; credential version is tied to the product release year
Exam Format:Multiple Choice, Scenario-based Questions
Real Exam Qty:80
Available Languages:English
Passing Score:65%
Related Certifications:Oracle Financials Cloud Certified Implementation Specialist
Exam Price:USD $245
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:

SectionObjectives
Topic 1: Period Close- Manage Accounting Periods
- Monitor Close Status
- Perform Close Processes
Topic 2: Budgetary Control and Encumbrance Accounting- Configure Budgetary Control
- Configure Encumbrance Accounting
- Manage Funds Checking
Topic 3: Subledger Accounting- Transfer and Post Subledger Entries
- Configure Accounting Methods
- Manage Accounting Rules
Topic 4: Reporting and Dashboards- Smart View Integration
- Financial Reporting Center
- BI Publisher Reporting
- Oracle Transactional Business Intelligence
Topic 5: General Setup- Configure Ledgers
- Manage Legal Entities and Business Units
- Configure Currencies
- Manage Accounting Calendars
Topic 6: Intercompany Processing- Configure Intercompany Organizations
- Manage Intercompany Transactions
- Perform Intercompany Reconciliation
Topic 7: Enterprise Structures- Configure Chart of Accounts
- Manage Value Sets
- Manage Cross-Validation Rules
- Configure Trees and Hierarchies
Topic 8: Journal Processing- Manage Journal Approval
- Configure Recurring Journals
- Use Spreadsheet Integration
- Create and Post Journals

Answers to Your Oracle Financials Cloud: General Ledger 2018 Implementation Essentials Questions

Oracle recommends hands-on experience implementing Oracle Financials Cloud General Ledger solutions and completion of relevant Oracle University training courses. Eligibility details like these are worth double-checking before you register — vendors revise them periodically, and the official exam page (official 1Z1-1004 exam page) always has the current version.

The official Oracle Financials Cloud: General Ledger 2018 Implementation Essentials outline has 8 domains — the biggest include Period Close, Journal Processing, General Setup. Those weightings are your study compass: the largest domains hide the most points. See the full outline above for every subtopic.

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Delivery first: the moment you pay, we send the download link and access details to your email within a minute — even on holidays — and the files install on unlimited computers; contact support if 2 hours pass with nothing. For refunds, the terms are explicit: take the corresponding 1Z1-1004 exam within 60 days of purchase, and if you fail, submit a scanned enrollment slip plus the official Score Report PDF within 2 days of the exam for a full refund, processed within 7 days. Excluded: exams taken within 3 days of purchase, name mismatches between candidate and payer, and free or expired products. The alternative to a refund: two equal-value exam products free, with your original updates intact.

The pass mark is 65%, and the official fee is USD $245. That fee resets to full price on every retake, so the real money-saver is preparation — run the 80 practice questions from Actual4Labs until passing becomes routine, then book your seat.

The Oracle Financials Cloud: General Ledger 2018 Implementation Essentials is Oracle's official exam for the Oracle Financials Cloud certification, a Implementation Specialist-level credential. Candidates take it to validate real skill — and employers read it exactly that way. It also connects to related credentials such as Oracle Financials Cloud Certified Implementation Specialist.

The exam gives you 120 minutes for 80 questions. The candidates who struggle aren't usually short on knowledge — they're short on pacing. Fix that before test day: set a time budget per question, practice moving past hard items without stalling, and rehearse full timed sessions in the Actual4Labs engine until the clock stops being a factor.

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

You are reconciling your subledger balances and you need a report that includes beginning and ending account balances and all transactions that constitute the account's activities.
What type of report will provide this type of information?

  • A. Account Analysis Reports
  • B. Journals Reports
  • C. Aging Reports
  • D. an Online Transactional Business Intelligence (OTBI) report to create ad hoc queries on transactions and balances
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Journal Description Rules are assigned to Subledger Journal Entry Rule Sets.
What are the other three subcomponents of a Subledger Journal Entry Rule Set? (Choose three.)

  • A. Journal Line Rules
  • B. Supporting References
  • C. Chart of Accounts
  • D. Accounting Date
  • E. Account Rules
Reveal Solution  Discussion  0

Correct Answer: A,B,E  🗳️

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, and Account to Account. What happens to segments in your source general ledger, such as Program, that cannot be mapped to Hyperion Financial Management?

  • A. Data is summarized across segments that are not mapped to Hyperion Financial Management
  • B. Errors occur for unmapped segments. You must map multiple segments from source general ledgers to the target segment in Hyperion Financial Management
  • C. No data is transferred
  • D. The unmapped segments default to future use segments in Hyperion Financial Management
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Management wants to use the budget transfer function available on the Review Budgetary Control Balances page. Which privilege is required to perform the budget transfer?

  • A. Import Budget Amounts from Spreadsheet
    (XCC_IMPORT_BUDGET_FROM_SPREADSHEETS_PRIV)
  • B. Import Budget Amounts (XCC_IMPORT_BUDGET_PRIV)
  • C. Manage Control Budgets (XCC_MANAGE_CONTROL_BUDGETS_PRIV)
  • D. Budget Loading (XCC_BUDGET_LOADING_DUTY_PRIV)
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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. Make sure the tree is active
  • B. Make sure to flatten the rows of the tree version
  • C. Make sure the tree version was published successfully
  • D. Redeploy the chart of accounts
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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