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
On which three occasions are Essbase balances updated? (Choose three.)
Correct Answer: A,B,D Vote an answer
You are setting up Close Monitor, which compromises a ledger set hierarchy definition.
Which two components of the enterprise structure should the ledgers in the ledger set share? (Choose two.)
Correct Answer: C,E Vote an answer
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?
Correct Answer: A Vote an answer
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.)
Correct Answer: B,D Vote an answer
You are using budgetary control. You have an open purchase order for $500 USD, and an invoice for $300 is matched to the purchase order. What will be the funds status of the purchase order and the invoice?
Correct Answer: E Vote an answer
You need to define multiple allocation rules as efficiency as possible.
Which three components can be reused across allocation rules? (Choose three.)
Correct Answer: A,B,D Vote an answer
You want to prevent intercompany transactions from being entered during the last day of the close. What should you do?
Correct Answer: D Vote an answer
You are creating financial statements and want to have charts, such as a bar graph, automatically inserted to improve the understanding financial results. How would you achieve this?
Correct Answer: C Vote an answer
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