Guaranteed Success: Oracle Cloud 1Z0-1004 Exam Practice Tests

Oracle Cloud Certification exam is also known as Oracle Financials Cloud: General Ledger 2018 Implementation Essentials exam. With the updated 1Z0-1004 exam questions and answers, TestsLeader has assembled to take you through 76 Q&As to prepare you for your 1Z0-1004 Exam. In the 1Z0-1004 exam dumps, you will cover all the essentials of Oracle Cloud 1Z0-1004 exam, which will make you successful in 1Z0-1004 Exam.

Vendor Oracle
Exam Code 1Z0-1004
Full Exam Name Oracle Financials Cloud: General Ledger 2018 Implementation Essentials
Certification Name Oracle Cloud
Technology

♥ 2019 Valid 1Z0-1004 Exam Questions ♥

1Z0-1004 exam questions, 1Z0-1004 PDF dumps; 1Z0-1004 exam dumps: 1Z0-1004 Exam Practice Tests (76 Q&A) (New Questions Are 100% Available! Also Free Practice Test Software!)

Latest and Most Accurate Oracle 1Z0-1004 Exam Questions:

Version: 8.0
Question: 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

Question: 2

You ate 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?

A. Accounting Calendar
B. Legal Entities, Business Units, and Chart of Accounts D C) Chart of Accounts
C. Chart of Accounts and Business Units
D. Chart of Accounts, Currency, Accounting Calendar, and Subledger Accounting Method

Answer: A

Question: 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

Question: 4

Your customer has three legal entities, 50 departments, and 10,000 natural accounts. They use
intercompany entries.
What is Oracle’s recommended best practice when implementing; a new chart of accounts? How
many segments and what segment qualifiers should be used?

A. Define three segments for the company, department, and natural account. The qualifiers
shouldbe primary balancing segment, cost center segment, and natural account segment,
respectively
B. Define four segments for the company, department, natur.il account, and intercompany segment.
The qualifiers should be primary balancing segment, cost center segment, natural account segment,
and intercompany segment, respectively.
C. Define five segments for the company, department, natural account, intercompany, and future use
segment. The qualifiers should be primary balancing segment, cost center segment, natural account
segment, intercompany segment, and no qualifier, respectively.
D. Define three segments tor the company, department, and natural account. The qualifiers for the
first segment should be primary balancing segment and intercompany segment, cost center
segment, and natural account segment, respectively.

Answer: C

Question: 5

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

Question: 6

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

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