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Oracle 1Z1-1004 : Oracle Financials Cloud: General Ledger 2018 Implementation Essentials
- Exam Code: 1Z1-1004
- Exam Name: Oracle Financials Cloud: General Ledger 2018 Implementation Essentials
- Updated: Oct 26, 2026
About Oracle 1Z1-1004 Exam
Technology standards emerge every month, and your materials should keep pace. TorrentVCE updates the 1Z1-1004 bank with every change and sends each new Oracle Financials Cloud: General Ledger 2018 Implementation Essentials version to your mailbox immediately — free for 365 days in 2026.
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: | 18 months from issue |
| Available Languages: | English |
| Exam Format: | Multiple Response, Multiple Choice |
| Passing Score: | 60% |
| Real Exam Qty: | 76 |
| Exam Price: | $245 USD |
| Related Certifications: | Oracle Financials Cloud 2018 Implementation Professional |
| Exam Duration: | 120 minutes |
| Recommended Training: | Oracle Financials Cloud: General Ledger 2018 Implementation Training |
| Exam Registration: | Pearson VUE Registration Oracle Education |
| Sample Questions: |  |
| 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 1Z1-1004 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Subledger Accounting | 15% | - Process subledger accounting entries - Create and manage accounting rules - Define journal line and description rules |
| Topic 2: Intercompany Processing | 10% | - Set up intercompany system options - Process intercompany transactions and balancing - Design intercompany chart of accounts - Perform intercompany reconciliation |
| Topic 3: Reporting and Analytics | 15% | - Use OTBI and GL subject areas - Configure Financial Reporting Studio - Perform Smart View analysis - Use General Accounting dashboard |
| Topic 4: Journal Processing | 20% | - Define secondary ledgers and reporting currencies - Set up allocations and periodic entries - Process manual journal entries - Configure automated journals and approval rules |
| Topic 5: Enterprise Structures | 15% | - Set up accounting calendar and periods - Define chart of accounts - Define ledgers and ledger sets - Configure legal entity structure |
| Topic 6: Period Close | 10% | - Execute period close process - Perform consolidation activities - Process revaluation and translation |
| Topic 7: Budgetary Control and Encumbrance | 15% | - Set up encumbrance accounting - Analyze budget consumption - Process budget and encumbrance journals - Configure budgetary control |
Your Oracle Financials Cloud: General Ledger 2018 Implementation Essentials Questions Answered in Full
At present, the 1Z1-1004 exam's passing score is 60%, and registration costs $245 USD. Since failing means registering again at full price, thorough preparation is the economical choice — and Oracle can revise both figures, so confirm them officially before booking.
The Oracle Financials Cloud: General Ledger 2018 Implementation Essentials blueprint is built around these main domains:
- Budgetary Control and Encumbrance (15%)
- Subledger Accounting (15%)
- Enterprise Structures (15%)
Additional domains appear in the full official outline — our bank covers them all.
Honored in writing. If you fail the corresponding exam within 60 days of purchase, send us a scanned copy of your enrollment slip and your official Score Report PDF within two days of the exam date; verified claims are refunded in full within seven days. Exclusions: exams taken within three days of purchase, candidate names that differ from the payer, and free or expired products. You may also exchange your product for two others of equal value at no charge.
Oracle lists these official training options:
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By a professional group with dedicated contribution — experienced engineers and educators in this industry who compile every 1Z1-1004 question and verify every answer across the Oracle Financials Cloud: General Ledger 2018 Implementation Essentials objectives. Maintenance is continuous: as new technology standards and knowledge emerge, revisions follow, and each updated version is sent to your mailbox immediately, free for 365 days, with a 50% renewal discount for further partnership. Privacy is protected by principle — your information is classified and never sold or shared, so no one will call you to sell something after our cooperation. And preferential terms — bundle discounts on the three versions, irregular coupons, little gifts — thank you for your trust in return.
Oracle publishes these prerequisites for the Oracle Financials Cloud: General Ledger 2018 Implementation Essentials: No mandatory prerequisites; recommended hands-on experience with Oracle Financials Cloud General Ledger.
Verify the current requirements on the official certification page.
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Per the latest exam information, the 1Z1-1004 exam contains 76 questions with 120 minutes minutes to complete them. The PC Test Engine lets you simulate a full test event under these conditions to check your progress.
Registration runs through the official channels below:
Secure your test center or online slot early — a confirmed date gives your preparation a finish line.
Oracle Financials Cloud: General Ledger 2018 Implementation Essentials Sample Questions:
Question #1
The Accounting Manager requests that a schedule be created to automatically post journals from subledgers at different times. Which journal attribute should you use to set the automatic posting criteria?
- A. Journal Batch
- B. Journal Source
- C. Journal Category
- D. Journal Description
Correct Answer: B 🗳️
Question #2
Which AMX builder method is most effective in routing the journals to the Accounting Manager when his subordinate, The General Accountant, enters a journal?
- A. Approval Groups
- B. Cost center based approval
- C. Supervisory level approval
- D. Management Chain approval
- E. Dynamic Approval Groups
Correct Answer: C 🗳️
Question #3
You want to specify Intercompany System Options. Which three factors should you consider? (Choose three.)
- A. automatic or manual batch numbering and the minimum transaction amount
- B. whether to allow receivers to reject intercompany transactions
- C. whether to enforce an enterprise-wide currency or allow intercompany transactions in local currencies
- D. the approvers who will approve intercompany transactions
- E. automatic or manual batch numbering and the maximum transaction amount
Correct Answer: A,B,C 🗳️
Question #4
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?
- A. an Online Transactional Business Intelligence (OTBI) report to create ad hoc queries on transactions and balances
- B. Account Analysis Reports
- C. Journals Reports
- D. Aging Reports
Correct Answer: B 🗳️
Question #5
Identify three differences between Oracle Transactional Business Intelligence (OTBI) and Oracle Business Intelligence Applications (OBIA). (Choose three.)
- A. Cloud customers can use both OTBI and OBIA
- B. Both OBIA and OTBI provide a set of predefined reports and dashboards and a library of metrics that help to measure business performance.
- C. OBIA is based on the universal data warehouse design with different prebuilt adapters that can connect to various source applications.
- D. OTBI allows you to create custom reports from real-time transactional data against the database directly
- E. OBIA works for multiple sources including E-Business Suite, PeopleSoft, JD Edwards, SAP, and Cloud Applications
Correct Answer: C,D,E 🗳️
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