1Z0-1004 Practice Test Questions - Oracle Financials Cloud: General Ledger 2018 Implementation Essentials

  Edina  06-19-2019

Oracle 1Z0-1004 exam, also known as the Oracle Financials Cloud: General Ledger 2018 Implementation Essentials exam, is a hot Oracle certification which can help you in your career. Passquestion provides valid Oracle 1Z0-1004 Practice Test Questions for your preparation, it can ensure you 100% pass your Oracle 1Z0-1004 Exam easily in your first attempt.

1Z0-1004 Oracle Financials Cloud: General Ledger 2018 Implementation Essentials

An Oracle Financials Cloud: General Ledger 2018 Certified Implementation Specialist possess a strong foundation and expertise in selling or implementing Oracle Financials Cloud Service Solutions.  This certification exam covers topics such as: General Set Up, Enterprise Structures, Journal Processing, Subledger Accounting, Intercompany Processing, Reporting & Dashboards, Period Close and Budgetary Control & Encumbrance Up-to-date training and field experience are recommended.

Oracle 1Z0-1004 Exam Topics:

Enterprise Structures
Subledger Accounting
Reporting & Anaytics
Budgetary Control and Encumbrance
Journal Processing
Intercompany Processing
Period Close

Share Oracle 1Z0-1004 Practice Test Questions Below:

1.When working with Essbase, versions of the tree hierarchy as defined in the Fusion not available in the Essbase balances cube.
What should you do to correct this situation?
A. Make sure the tree version was published successfully.
B. Make sure to flatten the rows of the tree version.
C. Make sure the tree is active.
D. Redeploy the chart of accounts.
Answer: A

2.You are setting up Close Monitor, which comprises a ledger set hierarchy definition.
Which two components of the enterprise structure should the ledgers in the ledger set share? (Choose two.)
A. Chart of Accounts and Business Units
B. Accounting Calendar
C. Chart of Accounts, Currency, Accounting Calendar, and Subledger Accounting Method
D. Chart of Accounts
E. Legal Entities, Business Units, and Chart of Accounts
Answer: A,B

3.You want to monitor the close process if all your financial subledgers and lodgers.
How can you quickly obtain this Information?
A. Use the Manage Accounting Periods page to view the status el all subledgers and ledgers.
B. Access each subledgers' calendar and General Ledger's Manage Accounting Periods page to view the status of each period.
C. Run Closing Status reports.
D. Use Close Monitor In General Accounting Dashboard.
Answer: C

4.Which feature outside of reporting and analysis leverages the Essbase cube?
A. revaluations and translation to revalue and translate currencies stored in the Essbase cube
B. calculation manager to perform allocations based on multidimensional balances and budgets
C. period closing and opening of ledgers to keep General Ledger cloud and the Essbase cubes in sync
D. journal entries and Journal approval to create Journals that update balances to the cube directly
Answer: A

5.You want to define an allocation rule where segment values arc constants (or rules and formulas.
What should you do?
A. Never use the Outer Point of View (POV).
B. Always use the Outer Point of View (POV).
C. Specify Run Time Prompts (RTP).
D. Only specify segment values in formulas.
Answer: B

6.After loading your budget data into General Ledger Cloud, you can view budget balances using those features.
Which feature does not belong on the list?
A. Application Development Framework Desktop Integration Budget Balances Report
B. Account Monitor
C. Smart View
D. Account Inspector
Answer: A

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