Exam Name: Oracle Financials Cloud: General Ledger 2018 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Oracle Financials Cloud
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Check Updated on: Oct 20, 2026
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- Total Questions: 80
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Oracle 1Z1-1004 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: General Ledger 2018 Implementation Essentials |
| Exam Number: | 1Z0-1004 |
| Real Exam Qty: | 80 |
| Exam Duration: | 120 minutes |
| Available Languages: | English |
| Exam Price: | USD $245 |
| Related Certifications: | Oracle Financials Cloud Certified Implementation Specialist |
| Certificate Validity Period: | Oracle certification does not expire; credential version is tied to the product release year |
| Exam Format: | Multiple Choice, Scenario-based Questions |
| Passing Score: | 65% |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Delivered through Pearson VUE testing centers and Oracle online-proctored exam delivery where available. |
| Pre Condition: | Oracle recommends hands-on experience implementing Oracle Financials Cloud General Ledger solutions and completion of relevant Oracle University training courses. |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1Z1-1004 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Reporting and Dashboards | - Oracle Transactional Business Intelligence - Financial Reporting Center - BI Publisher Reporting - Smart View Integration |
| Topic 2: General Setup | - Manage Accounting Calendars - Configure Currencies - Configure Ledgers - Manage Legal Entities and Business Units |
| Topic 3: Period Close | - Monitor Close Status - Manage Accounting Periods - Perform Close Processes |
| Topic 4: Subledger Accounting | - Transfer and Post Subledger Entries - Configure Accounting Methods - Manage Accounting Rules |
| Topic 5: Journal Processing | - Manage Journal Approval - Use Spreadsheet Integration - Configure Recurring Journals - Create and Post Journals |
| Topic 6: Intercompany Processing | - Manage Intercompany Transactions - Configure Intercompany Organizations - Perform Intercompany Reconciliation |
| Topic 7: Enterprise Structures | - Configure Trees and Hierarchies - Configure Chart of Accounts - Manage Value Sets - Manage Cross-Validation Rules |
| Topic 8: Budgetary Control and Encumbrance Accounting | - Configure Encumbrance Accounting - Configure Budgetary Control - Manage Funds Checking |
1Z1-1004 Exam FAQ
Registration for the Oracle Financials Cloud: General Ledger 2018 Implementation Essentials exam costs USD $245, and passing requires 65%. Retakes cost the full fee again, so gauge your readiness with the PrepAwayPDF practice engines before booking your seat.
The written refund policy applies. Take the Oracle Financials Cloud: General Ledger 2018 Implementation Essentials exam within 60 days of purchase, and if you do not pass, PrepAwayPDF refunds you in full. The policy does not apply if the exam is taken within 3 days of purchase, if the exam was never actually taken, or to free materials or expired orders, and the candidate name must match the payer name. Submit a scan of your enrollment slip and the official Score Report PDF within 2 days of the exam; claims are processed within 7 days. Alternatively, exchange for two free exam products of equal value and keep your original update service. Orders arrive by email within 1 minute — contact support if nothing arrives within 2 hours.
Delivered through Pearson VUE testing centers and Oracle online-proctored exam delivery where available. Registration for the Oracle Financials Cloud: General Ledger 2018 Implementation Essentials exam is handled through these official channels:
After booking, your PrepAwayPDF practice questions arrive by email within 1 minute — preparation can begin the same day.
The 1Z1-1004 exam is a Oracle certification exam validating the skills in the Oracle Financials Cloud: General Ledger 2018 Implementation Essentials syllabus shown above. It counts toward these credential paths: Oracle Financials Cloud Certified Implementation Specialist. Candidates at many career stages take it in 2026 to demonstrate verified capability. PrepAwayPDF prepares you with 80 practice questions in PDF, Desktop Test Engine, and Online Test Engine formats.
Everything, in one purchase: 80 practice questions for the Oracle Financials Cloud: General Ledger 2018 Implementation Essentials exam in three formats — a printable, expert-prepared PDF with instant download; a Desktop Test Engine for Windows that simulates the real exam with two practice modes and works offline; and an Online Test Engine for any browser on Windows, Mac, Android, and iOS with test history and performance review. You also receive a free demo, 365 days of free updates from a team that keeps innovating on the material, a 50% renewal discount afterward, unlimited installations, and considerate pre-sale and after-sale service.
The Oracle Financials Cloud: General Ledger 2018 Implementation Essentials exam contains 80 with 120 minutes to complete them. Practicing under the same time constraint with the PrepAwayPDF Desktop Test Engine makes exam-day pacing feel rehearsed.
Oracle recommends hands-on experience implementing Oracle Financials Cloud General Ledger solutions and completion of relevant Oracle University training courses. Since policies evolve, confirm the current requirements on the official Oracle exam page before you schedule.
Oracle recommends the following training for the Oracle Financials Cloud: General Ledger 2018 Implementation Essentials exam:
Supplement the training with the 80 practice questions from PrepAwayPDF — self-testing reveals what training alone cannot.
The official Oracle Financials Cloud: General Ledger 2018 Implementation Essentials outline defines 8 domains, the three largest being Budgetary Control and Encumbrance Accounting, Subledger Accounting, and Period Close. The complete list is in the topics section above, and PrepAwayPDF's 80 practice questions address every domain.
Oracle Financials Cloud: General Ledger 2018 Implementation Essentials Sample Questions:
In which two ways can your users customize the Springboards and Work Areas to suit their individual working styles? (Choose two.)
- A. They can have the System Administration customize pages for them using Page Composer
- B. Users have very little control their Springboards and Work Areas; they can only resize columns
- C. They can use Personalization to move and remove regions from those pages
- D. They can format each table by hiding and showing columns, moving columns, and resizing columns
Correct Answer: C,D 🗳️
What is the most efficient way to add a new year to the accounting calendar?
- A. Add the periods manually
- B. The application automatically populates the next year when you open the first period of a new fiscal year
- C. Import the periods from a spreadsheet
- D. Use the Add Year button
Correct Answer: D 🗳️
In Financial Cloud, which three reporting tools can be used to access General Ledger balances? (Choose three.)
- A. Application Composer
- B. Smart View
- C. Oracle Enterprise Repository
- D. Financial Reporting Studio
- E. Oracle Transactions Business Intelligence
Correct Answer: B,D,E 🗳️
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.)
- A. Legal Entities, Business Units, and Chart of Accounts
- B. Accounting Calendar
- C. Chart of Accounts
- D. Chart of Accounts and Business Units
- E. Chart of Accounts, Currency, Accounting Calendar, and Subledger Accounting Method
Correct Answer: B,C 🗳️
Which three objectives must be considered when designing the chart of accounts? (Choose three.)
- A. Anticipate growth and maintenance needs as organizational changes occur
- B. Consider implementing a single, global chart of accounts
- C. Try to use all 30 segments and 25 characters per segment because you cannot change it later
- D. Limit the number of segments to those you need today to reduce data entry
- E. Effectively manage an organization's financial business
Correct Answer: A,B,E 🗳️
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