Oracle 1Z0-1004 Actual Free Exam Questions & Community Discussion

  • Exam Code/Number: 1Z0-1004
  • Exam Name/Title: Oracle Financials Cloud: General Ledger 2018 Implementation Essentials
  • Certification Provider: Oracle
  • Corresponding Certification: Oracle Financials Cloud
  • Exam Questions: 80
  • Updated On: Sep 30, 2026
After loading your budget data into General Ledger Cloud, you can view budget balances using these features.
Which feature does not belong on the list?
Correct Answer: B Vote an answer
You entered a journal and the client is asking for the following information:
* The current account balance
* What the future account balance will be if the journal is approved and posted How will you get this information?
Correct Answer: A Vote an answer
In which two ways can your users customize the Springboards and Work Areas to suit their individual working styles? (Choose two.)
Correct Answer: B,C Vote an answer
Before implementing Financials Cloud, your customer used to manually reconcile their intercompany payables and receivables accounts. What is a more automated approach to do this?
Correct Answer: C Vote an answer
In Financial Cloud, which three reporting tools can be used to access General Ledger balances? (Choose three.)
Correct Answer: C,D,E Vote an answer
You have enabled budgetary control and have a control budget set to Advisory control level. For September
2016, your budget for a given account combination is $5,000 USD. In the same month, there is an approved requisition for that account of $900 and an approved purchase order for that account of $2,500 USD. There is also a General Ledger adjustment journal entry for that account of $1,600 USD. An approved purchase order line of $400 USD is then cancelled. And an invoice is matched to the purchase order for $2,100 USD. Which two statements are true? (Choose two.)
Correct Answer: C,E Vote an answer
How can your Accounting Manager expedite journal processing during the time-critical month-end close?
Correct Answer: D Vote an answer
You are implementing a multipillar implementation of both HCM Cloud and ERP Cloud. You are implementing ERP first followed by HCM Cloud. You want to ensure your ledgers and chart of accounts are correctly defined. What should you do? (Choose three)
Correct Answer: B,C,D Vote an answer
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