A Oracle credential still carries real weight with hiring managers, and the Oracle Financials Cloud: General Ledger 2018 Implementation Essentials exam is your way in. Dumpkiller gives you 80 practice questions so you can walk into the 1Z0-1004 testing center with confidence.
Oracle 1Z0-1004 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: General Ledger 2018 Implementation Essentials |
| Exam Number: | 1Z0-1004 |
| Passing Score: | 60% |
| Real Exam Qty: | 76 |
| Certificate Validity Period: | 18 months from issue |
| Exam Duration: | 120 minutes |
| Available Languages: | English |
| Exam Price: | $245 USD |
| Exam Format: | Multiple Choice, Multiple Response |
| Related Certifications: | Oracle Financials Cloud 2018 Implementation Professional |
| Recommended Training: | Oracle Financials Cloud: General Ledger 2018 Implementation Training |
| Exam Registration: | Oracle Education Pearson VUE Registration |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Online proctored or Onsite at Pearson VUE test centers |
| Pre Condition: | No mandatory prerequisites; recommended hands-on experience with Oracle Financials Cloud General Ledger |
| Official Syllabus URL: | https://education.oracle.com/oracle-financials-cloud-general-ledger-2018-implementation-essentials/pexam_1Z0-1004 |
Oracle 1Z0-1004 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Journal Processing | 20% | - Set up allocations and periodic entries - Define secondary ledgers and reporting currencies - Process manual journal entries - Configure automated journals and approval rules |
| Enterprise Structures | 15% | - Set up accounting calendar and periods - Configure legal entity structure - Define chart of accounts - Define ledgers and ledger sets |
| Subledger Accounting | 15% | - Define journal line and description rules - Create and manage accounting rules - Process subledger accounting entries |
| Period Close | 10% | - Process revaluation and translation - Execute period close process - Perform consolidation activities |
| Reporting and Analytics | 15% | - Configure Financial Reporting Studio - Perform Smart View analysis - Use General Accounting dashboard - Use OTBI and GL subject areas |
| Budgetary Control and Encumbrance | 15% | - Analyze budget consumption - Configure budgetary control - Process budget and encumbrance journals - Set up encumbrance accounting |
| Intercompany Processing | 10% | - Design intercompany chart of accounts - Set up intercompany system options - Perform intercompany reconciliation - Process intercompany transactions and balancing |
Oracle Financials Cloud: General Ledger 2018 Implementation Essentials: Common Questions From Candidates
What is the Oracle Financials Cloud: General Ledger 2018 Implementation Essentials certification exam?
The Oracle Financials Cloud: General Ledger 2018 Implementation Essentials exam (code: 1Z0-1004) is the official Oracle exam that leads to the Oracle Financials Cloud General Ledger 2018 Certified Implementation Specialist certification. It sits at the Specialist level of the Oracle certification track. It is also connected with related credentials such as Oracle Financials Cloud 2018 Implementation Professional. Passing it proves to employers that your skills have been validated by Oracle itself, which is why the 1Z0-1004 credential keeps showing up in job postings.
How many questions are in the 1Z0-1004 exam, and how long does it take?
The Oracle Financials Cloud: General Ledger 2018 Implementation Essentials exam gives you 120 minutes to work through 76. Pacing matters more than most candidates expect, so before exam day, run at least one full timed session in the Dumpkiller test engine to learn how long you can afford per question. If an item stalls you, flag it and move on — coming back later beats burning five minutes on a single question.
What score do I need to pass the 1Z0-1004 exam, and how much does it cost?
The passing score for the Oracle Financials Cloud: General Ledger 2018 Implementation Essentials exam is 60%, and the official registration fee is $245 USD. Remember that a failed attempt means paying that fee in full again, so a timed self-assessment with Dumpkiller practice questions about a week before your exam date is a cheap way to confirm you are scoring comfortably above 60%.
Are there any prerequisites for the 1Z0-1004 exam?
According to Oracle, the following applies: No mandatory prerequisites; recommended hands-on experience with Oracle Financials Cloud General Ledger. Certification policies do change from time to time, so confirm the latest requirements on the official exam page at https://education.oracle.com/oracle-financials-cloud-general-ledger-2018-implementation-essentials/pexam_1Z0-1004 before you register.
How do I register for the 1Z0-1004 exam?
You can book your Oracle Financials Cloud: General Ledger 2018 Implementation Essentials exam through the official channels below:
Depending on availability in your region, the exam is delivered as Online proctored or Onsite at Pearson VUE test centers.
What official training does Oracle recommend for the 1Z0-1004 exam?
Oracle lists the following training options for Oracle Financials Cloud: General Ledger 2018 Implementation Essentials candidates:
Official courses build a solid foundation, and pairing them with the 80 practice questions from Dumpkiller shows you how ready you really are before you spend money on the exam itself.
Can I try the 1Z0-1004 practice questions before buying?
Yes. Dumpkiller offers a free 1Z0-1004 PDF demo so you can review the question style, difficulty, and explanations before committing to anything. After purchase, your Oracle Financials Cloud: General Ledger 2018 Implementation Essentials material includes 365 days of free updates, and if your product expires after that, you can extend the update service at a 50% discount from your member zone.
What happens if I do not pass the 1Z0-1004 exam, and how is my order delivered?
If you take the corresponding 1Z0-1004 exam within 60 days of your purchase and do not pass, you can apply for a full refund under our 100% Money Back Guarantee, subject to a few conditions: the failed exam must be the one matching your purchase; sitting the exam within 3 days of purchase does not qualify, since that leaves too little preparation time; downloading the material without actually taking the exam does not qualify; free materials and expired orders are excluded; and the candidate name must match the payer name. To apply, send a scanned copy of your enrollment slip together with your official Score Report (PDF) within 2 days after the exam, and claims are processed within 7 days. If you would rather not take a refund, you can exchange your purchase for two free products of equal value while keeping the update service on the product you originally bought. As for delivery, everything is an instant download: your products are sent to your email within one minute of payment — contact customer service if nothing arrives within 2 hours — and there is no limit on the number of computers you can install the software on.
What topics are covered in the 1Z0-1004 exam?
The official Oracle Financials Cloud: General Ledger 2018 Implementation Essentials syllabus is organized into 7 main domains. The first three are Budgetary Control and Encumbrance (15%), Enterprise Structures (15%), and Reporting and Analytics (15%). For the full domain-by-domain breakdown, see the complete Exam Topics outline above.
Oracle Financials Cloud: General Ledger 2018 Implementation Essentials Sample Questions:
Question #1
You want to specify Intercompany System Options. Which three factors should you consider? (Choose three.)
A. the approvers who will approve intercompany transactions
B. automatic or manual batch numbering and the maximum transaction amount
C. automatic or manual batch numbering and the minimum transaction amount
D. whether to allow receivers to reject intercompany transactions
E. whether to enforce an enterprise-wide currency or allow intercompany transactions in local currencies
Question #2
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?
A. Application Development Framework Desktop Integration Budget Balances Report
B. Smart View
C. Account Inspector
D. Account Monitor
Question #3
Which tool can you use to create a Financial Income Statement?
A. PS/nVision
B. One View Reporting
C. Account Inspector
D. Rapid Implementation Enterprise Structures setup
Question #4
Which two methods can your General Ledger accountants use to more easily view large amounts of data contained in the tables in their work areas? (Choose two.)
A. Run a Business Intelligence Publisher report with Excel as the output format
B. Use the Freeze feauture on the tables to scroll through large amounts of data
C. Export the table to Excel
D. Detach the table to resize it to the maximum size of the monitor.
Question #5
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?
A. Create a query using Oracle Transactional Business Intelligence (OTBI) that will match the intercompany payables and receivables balances
B. Use Oracle Hyperion Close Manager to automatically reconcile intercompany account balances
C. Run the Intercompany Reconciliation report, which shows pairs of intercompany receivables and payables accounts that are out of balance
D. In Financials Cloud, you must manually reconcile your intercompany account balances
E. Run the BI Publisher reports called Intercompany Transaction Summary and Account Details to automatically reconcile intercompany balances
Solutions:
| Question #1 Answer: C,D,E | Question #2 Answer: A | Question #3 Answer: C | Question #4 Answer: B,D | Question #5 Answer: C |


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