Oracle 1Z1-1004 actual dump : Oracle Financials Cloud: General Ledger 2018 Implementation Essentials

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

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About Oracle 1Z1-1004 Exam Questions

Failing the 1Z1-1004 exam means paying the registration fee all over again. Preparing with the 80 up-to-date practice questions from Actual4Dumps is by far the cheaper route to your Oracle Financials Cloud: General Ledger 2018 Implementation Essentials.

Oracle 1Z1-1004 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Financials Cloud: General Ledger 2018 Implementation Essentials
Exam Number:1Z0-1004
Certificate Validity Period:Typically does not expire or follows Oracle certification policy (subject to Oracle program updates)
Exam Price:USD 245
Available Languages:English
Exam Duration:120 minutes
Passing Score:Approximately 65% (Oracle exam passing scores are not always publicly fixed)
Exam Format:Scenario-based Questions, Multiple Choice
Related Certifications:Oracle Financials Cloud: Payables Implementation Essentials
Oracle ERP Cloud Financials Implementation
Oracle Financials Cloud: Receivables Implementation Essentials
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:Free Download Latest 1Z1-1004 actual 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
Currency and Accounting Controls- Multi-currency Accounting
  • 1. Currency setup and conversion rates
    • 2. Revaluation and translation
      - Security and Controls
      • 1. Audit and compliance controls
        • 2. Roles and responsibilities
          General Ledger Setup and Configuration- Ledger Definition and Setup
          • 1. Secondary ledgers and ledger sets
            • 2. Primary ledger configuration
              - Chart of Accounts
              • 1. Structure and segment setup
                • 2. Value sets and validation rules
                  Period Close and Reporting- Financial Reporting
                  • 1. Financial reporting studio basics
                    • 2. Standard GL reports
                      - Period Close Process
                      • 1. Period opening and closing activities
                        • 2. Reconciliation procedures
                          Journal Processing- Journal Entries
                          • 1. Recurring and reversing journals
                            • 2. Manual journal creation and posting
                              - Approval and Validation
                              • 1. Error handling and correction
                                • 2. Journal approval workflows
                                  Accounting and Subledger Integration- Integration with Oracle Financials Cloud Modules
                                  • 1. Payables and Receivables integration
                                    • 2. Intercompany accounting
                                      - Subledger Accounting (SLA)
                                      • 1. Journal import from subledgers
                                        • 2. Accounting rules and methods

                                          Common Questions About the Oracle 1Z1-1004 Exam

                                          The Oracle Financials Cloud: General Ledger 2018 Implementation Essentials is the official Oracle exam that leads to the Oracle Financials Cloud Implementation Specialist certification at the Professional level. Passing it validates your skills against Oracle standards and proves your qualification to current and future employers. The credential is also connected with related certifications such as Oracle Financials Cloud: Payables Implementation Essentials, Oracle Financials Cloud: Receivables Implementation Essentials, Oracle ERP Cloud Financials Implementation, so it can serve as a solid step in a broader certification path.

                                          The 1Z1-1004 exam has 60-80 questions in total and must be completed within 120 minutes. That leaves only a narrow time budget per item, so train yourself to flag a difficult question, move on, and circle back later instead of getting stuck. A week or two before your test date, run at least one full timed mock exam in the Actual4Dumps desktop or online test engine under the same 120 minutes limit, and repeat until you can finish with a few minutes left for review.

                                          The passing score for the 1Z1-1004 exam is Approximately 65% (Oracle exam passing scores are not always publicly fixed), and the official registration fee is USD 245. Keep in mind that a failed attempt is not discounted — retaking the exam means paying the full fee again — so it is wise not to book your seat until your practice scores sit comfortably above the passing mark. Working through the 80 questions at Actual4Dumps in timed mode is a reliable way to judge when you are truly ready.

                                          Oracle sets the following requirement for the 1Z1-1004 exam: No strict prerequisites required, but knowledge of Oracle Financials Cloud ERP fundamentals is recommended.. Eligibility rules can change from time to time, so always confirm the current prerequisites on the official exam page at https://education.oracle.com before you register.

                                          You can register for the Oracle Financials Cloud: General Ledger 2018 Implementation Essentials through the following official channels:

                                          The 1Z1-1004 exam is delivered as Online proctored exam or onsite testing center via Pearson VUE, so review the technical and check-in requirements for that format when you schedule your appointment.

                                          Oracle recommends the following official training options for the Oracle Financials Cloud: General Ledger 2018 Implementation Essentials:

                                          Official courses build the theory, and pairing them with the 80 practice questions from Actual4Dumps turns that knowledge into exam-ready answers.

                                          Yes. Actual4Dumps offers a free PDF demo for the Oracle Financials Cloud: General Ledger 2018 Implementation Essentials, so you can review real sample questions and judge the quality before paying anything. After your purchase, you receive 365 days of free updates — whenever the question pool changes, you get the latest version at no cost. Once that period expires, you can extend your update service at a 50% discount from your member zone.

                                          If you take the 1Z1-1004 exam within 60 days of your purchase and do not pass, you can apply for a full refund under our 100% Money Back Guarantee. To qualify, submit a scanned copy of your exam enrollment slip together with your official Score Report (PDF) within 2 days after the exam date, and your claim will be processed within 7 days. Note that the guarantee applies only to the corresponding exam: attempts taken within 3 days of purchase, downloaded-but-unused materials, free resources, and expired orders are not eligible, and the candidate name must match the purchaser name. If you would rather not refund, you can exchange the product for two free exam products of equal value while keeping the update service on your original purchase.

                                          Delivery is instant: your files are available to download right after payment and are also sent to your email within one minute. If nothing arrives within 2 hours, contact our support team (and check your spam folder first). There is no limit on the number of computers you can install the product on.

                                          The Oracle Financials Cloud: General Ledger 2018 Implementation Essentials is organized into 5 domains. Among the first ones are General Ledger Setup and Configuration, Accounting and Subledger Integration, Period Close and Reporting, and the remaining domains cover the rest of the official objectives. For the complete topic breakdown with every subtopic, see the full 1Z1-1004 exam outline above on this page.

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

                                          Question #1

                                          The expense account of airfare was erroneously assigned to the account type "Liability". Which method should you choose to fix the problem?

                                          • A. Run the "Segment Value Inheritance" program
                                          • B. Run the "Update Balance Cube Chart of the Accounting Dimension" program
                                          • C. Deactivate the value
                                          • D. Run the "Correct Misclassified Account" program
                                          Reveal Solution  Discussion  0

                                          Correct Answer: D  🗳️

                                          Question #2

                                          In which two ways can your users customize the Springboards and Work Areas to suit their individual working styles? (Choose two.)

                                          • A. They can use Personalization to move and remove regions from those pages
                                          • B. They can have the System Administration customize pages for them using Page Composer
                                          • C. Users have very little control their Springboards and Work Areas; they can only resize columns
                                          • D. They can format each table by hiding and showing columns, moving columns, and resizing columns
                                          Reveal Solution  Discussion  0

                                          Correct Answer: A,D  🗳️

                                          Question #3

                                          Your customer wants to have balance sheets and income statements for its cost center and program segments.
                                          That is, the customer wants to have three balancing segments.
                                          Which two recommendations would you give your customer? (Choose two.)

                                          • A. Every journal where debits do not equal credits across the three balancing segments will result in the system generating extra journal lines to balance the entry
                                          • B. Define Ledger balancing options to balance by second and third balancing segments
                                          • C. When entering journals manually, the customer will need to make sure that debits and credits are equal across all balancing segments because the system will not automatically balance the journal
                                          • D. Additional intercompany rules will need to be defined for the two additional balancing segments
                                          Reveal Solution  Discussion  0

                                          Correct Answer: C,D  🗳️

                                          Question #4

                                          You already ran Translation, but a last-minute adjusting journal entry in your ledger currency was entered after you consolidated your results. What is Oracle's recommended practice when this occurs?

                                          • A. Rerun Revaluation and then rerun Translation
                                          • B. Translate only the adjusting journal entry
                                          • C. Rerun Translation and then reconsolidate your results
                                          • D. Enter another adjusting journal entry in the target currency to true up the balances
                                          Reveal Solution  Discussion  0

                                          Correct Answer: C  🗳️

                                          Question #5

                                          Your customer has three legal entities, 50 departments, and 10,000 natural accounts. They use intercompany entries. What is Oracle's recommended practice when implementing a new chart of accounts? How many segments and what segment qualifiers should be used?

                                          • A. Define three segments for the company, department, and natural account. The qualifiers should be primary balancing segment, cost center segment, and natural account segment, respectively.
                                          • B. Define three segments for the company, department, and natural account. The qualifiers for the first segment should be primary balancing segment and intercompany segment, cost center segment, and natural account segment, respectively.
                                          • C. Define four segments for the company, department, natural account, and intercompany segment. The qualifiers should be primary balancing segment, cost center segment, and natural account segment, and intercompany segment, respectively.
                                          • D. Define five segments for the company, department, natural account, intercompany, and future use segment. The qualifiers should be primary balancing segment, cost center segment, natural account segment, intercompany segment, and no qualifier, respectively.
                                          Reveal Solution  Discussion  0

                                          Correct Answer: D  🗳️

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