Exam Name: Oracle Financials Cloud: General Ledger 2018 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Oracle Financials Cloud
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Updated: Aug 31, 2026
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Oracle 1Z0-1004 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: General Ledger 2018 Implementation Essentials |
| Exam Number: | 1Z0-1004 |
| Real Exam Qty: | 80 |
| Passing Score: | 65% |
| Certificate Validity Period: | Oracle certification does not expire; credential version is tied to the product release year |
| Exam Price: | USD $245 |
| Exam Duration: | 120 minutes |
| Related Certifications: | Oracle Financials Cloud Certified Implementation Specialist |
| Exam Format: | Multiple Choice, Scenario-based Questions |
| Available Languages: | English |
| 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 1Z0-1004 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Budgetary Control and Encumbrance Accounting | - Configure Budgetary Control - Configure Encumbrance Accounting - Manage Funds Checking |
| Topic 2: Subledger Accounting | - Transfer and Post Subledger Entries - Configure Accounting Methods - Manage Accounting Rules |
| Topic 3: Reporting and Dashboards | - Smart View Integration - BI Publisher Reporting - Financial Reporting Center - Oracle Transactional Business Intelligence |
| Topic 4: Enterprise Structures | - Configure Trees and Hierarchies - Configure Chart of Accounts - Manage Value Sets - Manage Cross-Validation Rules |
| Topic 5: General Setup | - Manage Accounting Calendars - Configure Ledgers - Configure Currencies - Manage Legal Entities and Business Units |
| Topic 6: Intercompany Processing | - Perform Intercompany Reconciliation - Manage Intercompany Transactions - Configure Intercompany Organizations |
| Topic 7: Period Close | - Manage Accounting Periods - Monitor Close Status - Perform Close Processes |
| Topic 8: Journal Processing | - Create and Post Journals - Configure Recurring Journals - Use Spreadsheet Integration - Manage Journal Approval |
FAQs for Oracle Financials Cloud: General Ledger 2018 Implementation Essentials Candidates
The 1Z0-1004 exam leads to the Oracle Financials Cloud certification from Oracle. It is positioned at the Implementation Specialist level. The exam validates the knowledge and skills expected of candidates preparing for Oracle Financials Cloud: General Ledger 2018 Implementation Essentials.
Related certifications include:
- Oracle Financials Cloud Certified Implementation Specialist
The 1Z0-1004 exam includes 80 questions and allows 120 minutes. Before test day, divide the available time by the number of questions in a timed practice set to establish a steady per-question pace. If a difficult item starts consuming too much time, mark it for review and move forward instead of losing momentum. A full timed practice session can help you decide when to move on, when to return, and how much buffer to reserve for a final check.
The passing score for 1Z0-1004 is 65%, and the official exam fee is USD $245. Because a retake requires paying the exam fee again, use timed practice results as a readiness check before scheduling your next attempt. If your performance remains inconsistent, continue reviewing weak domains and repeat a timed session before booking the exam.
Oracle recommends hands-on experience implementing Oracle Financials Cloud General Ledger solutions and completion of relevant Oracle University training courses.
Eligibility rules can change, so confirm the current requirements on the official exam page before registering.
Yes. Actual4dump provides a free PDF demo so you can review the format, question style, and answer quality before placing an order. Your purchase includes 365 days of free updates, and expired products can receive continued update service at a 50% discount.
If you purchase the corresponding 1Z0-1004 preparation material and do not pass that exam within 60 days of purchase, you may apply for a full refund under the 100% Money Back Guarantee. The request requires a scanned exam enrollment slip and the official Score Report PDF, submitted within two days after the exam. Eligible requests are processed within seven days.
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The current 1Z0-1004 outline is organized into 8 top-level domains. The first listed areas include:
- Enterprise Structures
- Period Close
- Reporting and Dashboards
Review the Exam Topics section above for the complete outline and any nested subtopics.
Oracle Financials Cloud: General Ledger 2018 Implementation Essentials Sample Questions:
Question 1
Which tool can you use to create a Financial Income Statement?
A. One View Reporting
B. Account Inspector
C. Rapid Implementation Enterprise Structures setup
D. PS/nVision
Question 2
You want to specify Intercompany System Options. Which three factors should you consider? (Choose three.)
A. whether to enforce an enterprise-wide currency or allow intercompany transactions in local currencies
B. whether to allow receivers to reject intercompany transactions
C. automatic or manual batch numbering and the minimum transaction amount
D. the approvers who will approve intercompany transactions
E. automatic or manual batch numbering and the maximum transaction amount
Question 3
Budgetary control for accounts 5020 and 5021 has a budget of $90,000USD each for the year 2012. The accounts also have balances on obligation of $10,000 USD for each and an expenditure of $20,000 USD for each. A Fund of $50,000 USD is available for account 5010 only. You have run the Encumbrance Year End Carry Forward process for obligation from the last period of the year 2012 to the first period of year 2013.
Which statement is true?
A. If you have included 5020 and 5021 in the encumbrance rule, the budget balances $90,000 USD, obligation $10,000 USD and expenditure $20,000 USD only will be carried forward.
B. If you have included 5020 and 5021 in the encumbrance rule, then obligation $10,000 USD and expenditure $20,000 USD only will be carried forward.
C. If you have included 5020 and 5021 in the encumbrance rule, then only the obligation of $10,000 USD will be carried forward
D. If you have included 5020 and 5021 in the encumbrance rule, then budget balances $90,000 USD, obligation $10,000 USD, and expenditure $20,000 USD, and the funds available $50,000 USD will be carried forward
E. The Encumbrance Year End Carry Forward process will run for all the accounts to carry forward the general ledger balances
Question 4
Your Financial Analyst needs to interactively analyze General Ledger balances with the ability to drill down to originating transactions. Which three features facilitate this? (Choose three.)
A. Online Transactional Business Intelligence
B. Smart View
C. Account Inspector
D. Account Monitor
E. Sunburst reports
Question 5
The budget managers specify the budget accounts they want to monitor and decide on percentage threshold of funds availability. Where must you define the details while analyzing budget balances in the Budget Account Monitor page?
A. Budget Account Group
B. Account Group
C. Application Development Framework Desktop Integration (ADFdi)
D. Budget Controller
E. Budget Group
Solutions:
| Question 1 Answer: B | Question 2 Answer: A,B,C | Question 3 Answer: D | Question 4 Answer: B,C,D | Question 5 Answer: A |
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