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

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

Latest and Most Accurate Oracle 1Z0-1004 Practice Test Software:

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?

  1. Make sure the tree version was published successfully.
  2. Make sure to flatten the rows of the tree version.
  3. Make sure the tree is active.
  4. 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?

  1. Accounting Calendar
  2. Legal Entities, Business Units, and Chart of Accounts D C) Chart of Accounts
  3. Chart of Accounts and Business Units
  4. 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?

  1. Use the Manage Accounting Periods page to view the status el all subledgers and ledgers.
  2. Access each subledgers’ calendar and General Ledger’s Manage Accounting Periods page to view

the status of each period.

  1. Run Closing Status reports.
  2. 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?

  1. Define three segments for the company, department, and natural account. The qualifiers

shouldbe primary balancing segment, cost center segment, and natural account segment,

respectively

  1. 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.

  1. 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.

  1. 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?

  1. revaluations and translation to revalue and translate currencies stored in the Essbase cube
  2. calculation manager to perform allocations based on multidimensional balances and budgets
  3. period closing and opening of ledgers to keep General Ledger cloud and the Essbase cubes in sync
  4. 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?

  1. Never use the Outer Point of View (POV).
  2. Always use the Outer Point of View (POV).
  3. Specify Run Time Prompts (RTP).
  4. Only specify segment values in formulas.

Answer: B

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