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Oracle 1Z0-1004 Exam Questions

Status: RETIRED
Exam Name: Oracle Financials Cloud: General Ledger 2018 Implementation Essentials
Exam Code: 1Z0-1004
Related Certification(s):
  • Oracle Cloud Certifications
  • Oracle Enterprise Business Processes (SaaS - ERP) SaaS - ERP Certifications
Certification Provider: Oracle
Actual Exam Duration: 120 Minutes
Number of 1Z0-1004 practice questions in our database: 78 (updated: 01-09-2019)
Expected 1Z0-1004 Exam Topics, as suggested by Oracle :
  • Topic 1: Configure The Chart Of Accounts/ Explain Essbase/ Set Up Accounting Hierarchies Set Up The Accounting Calendar/ Configure Chart Of Accounts Security/ Subledger Accounting
  • Topic 2: Configure The Legal Entity Structure And Define The Relationship To The Chart Of Account
  • Topic 3: Create And Manage Accounting Rules/ Create And Process Subledger Accounting Entries
  • Topic 4: Explain The Journal Description Rules/ Identify Supporting References/ Reporting & Anaytics
  • Topic 5: Explain How To Design And Use Various Reporting Tools/ Set Up The Financials Reporting Studio
  • Topic 6: Explain OTBI And GL Subject Areas/ Describe Smart View Accounting Inquiry And Analysis
  • Topic 7: Describe The General Accounting Dashboard And Work Areas/ Analyze Budgets Versus Actuals
  • Topic 8: Describe The Fusion Accounting Hub Reporting Service/ Budgetary Control And Encumbrance
  • Topic 9: Configure And Process Budgets/ Explain How To Analyze And Monitor Budget Consumption
  • Topic 10: Configure Encumbrance Accounting/ Process Encumbrance Journals/ Process Journal Entries
  • Topic 11: Configure Automated Journal Processing/ Explain The Journal Approval Set Up
  • Topic 12: Configure Allocations And Periodic Entries/ Explain Average Daily Balance Processing
  • Topic 13: Explain The Secondary Ledger And Reporting Currencies
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Free Oracle 1Z0-1004 Exam Actual Questions

Note: Premium Questions for 1Z0-1004 were last updated On 01-09-2019 (see below)

Question #1

You need to define a chart of accounts that includes an intercompany segment. Your customer plans to use segment value security rules for the Company segment.

What is Oracle's recommended method to define this chart of accounts?

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Correct Answer: D

Question #2

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?

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Correct Answer: D

Question #3

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?

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Correct Answer: B

Question #4

While creating a Journal Entry Rule Set, you are not able to use an Account Rule recently created. Which two options explain that? (Choose two.)

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Correct Answer: C, D

Question #5

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.)

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Correct Answer: A, D


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