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Test Number : 1Z0-1004
Test Name : Oracle Financials Cloud: General Ledger 2018 Implementation Essentials
Vendor Name : Oracle
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1Z0-1004 exam Format | 1Z0-1004 Course Contents | 1Z0-1004 Course Outline | 1Z0-1004 exam Syllabus | 1Z0-1004 exam Objectives
Exam Title : Oracle Financials Cloud: General Ledger 2018 Implementation Essentials
Exam ID : 1Z0-1004
Exam Duration : 120 minutes
Questions in exam : 75
Passing Score : 60%
Format : Multiple Choice Questions (MCQ)
Exam Center : Pearson VUE
Real Questions : Oracle Financials Cloud: General Ledger 2018 Certified Implementation Specialist (OCS)
Recommended Practice : 1Z0-1004 Online VCE Practice Test

Enterprise Structures - Configure the Chart of Accounts
- Explain Essbase
- Set up accounting hierarchies
- Set up the accounting calendar
- Configure Chart of Accounts Security
- Configure the legal entity structure and define the relationship to the Chart of Account Subledger Accounting - Create and manage Accounting Rules
- Create and process subledger accounting entries
- Explain the journal description rules
- Identify supporting references Reporting & Anaytics - Explain how to design and use various reporting tools
- Set up the Financials Reporting Studio
- Explain OTBI and GL Subject Areas
- Describe Smart View accounting inquiry and analysis
- Describe the General Accounting Dashboard and Work Areas
- Analyze budgets versus actuals
- Describe the Fusion Accounting Hub Reporting Service Budgetary Control and Encumbrance - Configure and Process Budgets
- Explain how to analyze and monitor Budget Consumption
- Configure Encumbrance Accounting
- Process Encumbrance Journals Journal Processing - Process journal entries
- Configure automated journal processing
- Explain the journal approval set up
- Configure allocations and periodic entries
- Explain Average Daily Balance Processing
- Explain the secondary ledger and reporting currencies Intercompany Processing - Design the Chart of Accounts and segment level rules for intercompany
- Set up Intercompany Accounting (system options, transaction types, organizations)
- Describe intercompany balancing
- Process intercompany transactions and periods
- Process intercompany reconciliations Period Close - Explain the Close Process
- Configure and process revaluations
- Configure and process translations
- Configure and process consolidations
- Analyze reconciliations
- Close monitor

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Oracle Oracle exam Questions
Tony Blair Institute groups With Oracle To combat disease Outbreaks In Africa | 1Z0-1004 exam questions and Practice Test
Even earlier than COVID-19 grew to become a world crisis, varied African governments had applied a number of programs for health assessments, checking out, and public cognizance that had been firstly developed right through the 2014 Ebola pandemic.

Now, a cloud-based equipment developed via Oracle and implemented in a philanthropic collaboration with the Tony Blair Institute for international change (TBI) is assisting a couple of African countries pace up records assortment and vaccination administration classes to enhanced display screen and combat a number of ailments, including yellow fever, human papillomavirus, polio, and measles. The application oversaw the vaccination of 75,000 americans within its first 10 days.

A healthcare organizer in Ghana proclaims the provision of yellow fever vaccines.

Tony Blair Institute
The cloud-based device ultimately will control the huge immunization software required when COVID-19 vaccines turn into generally purchasable.

via its collaboration with TBI and African international locations, Oracle will donate its Oracle health management gadget to quite a lot of African governments, free for the subsequent 10 years. Ghana, Rwanda, and Sierra Leone could be the first to use the gadget, with the aim of finally creating a unified, continent-wide equipment of digitized fitness records.

“unlike the USA, where COVID-19 is doubtless precise of mind, these international locations are having to cope with many vaccines and many campaigns,” says Katherine Vandebelt, Oracle vice president for medical innovation. “This gives them with a chance to more desirable manipulate this in a a whole lot different manner than they've ever been in a position to do earlier than.”

considering the fact that COVID-19 turned into declared a deadly disease, TBI has been presenting African governments with equipment and deploying groups to support governments procure elements, check and monitor sufferers, install contact tracing, and enforce different healthcare measures.

Now, physicians and citizens within the participating international locations are beginning to use the cloud-based Oracle fitness management system to assist big-scale vaccine classes for ailments equivalent to yellow fever, polio, and measles.

patients can time table appointments and check in by way of a cell app.

Tony Blair Institute
as soon as a COVID-19 vaccine turns into attainable, the Oracle Cloud gadget could be used in collaborating countries to coordinate scheduling and create statistics of vaccinations. Digital QR codes captured in the equipment will aid Africa reopen its borders and economies by way of presenting residents with the proof of immunization, or “immunity circulate,” they deserve to circulate freely for work and trip.

The Oracle health administration gadget already is getting used in the US to compile statistics and video display affected person symptoms and responses to early cures for COVID-19, in addition to provide the screening backbone and volunteer registry for the countrywide Institutes of fitness’s COVID-19 Prevention network.

Healthcare information in the Cloud

more generally, the Oracle Healthcare administration device can assist nations computer screen the overall fitness of their populations through enabling millions of individuals and physicians to listing and music healthcare records. through storing that information in the cloud, the difficulty of exchanging records amongst disparate techniques goes away, says Oracle government vp Mike Sicilia, who oversees the group at Oracle that developed the system. patients and providers can enter vaccination facts, signs, look at various outcomes, and different significant fitness assistance into a web-primarily based app.

The vaccine administration system is attainable to every citizen. this is purchasable to countries worldwide. And it’s designed to scale to every country’s whole inhabitants.

Mike Sicilia, Oracle govt vice chairman, world company gadgets
to this point, there are tens of millions of updates from US patients within the device, the monstrous majority of which were entered using a cell equipment. In Africa, physicians and healthcare people can be the main users of the device. Ghana President Nana Akufo-Addo has brought up that the pandemic has made clear the deserve to digitize the country’s public health techniques for the improvement of the country’s residents.

“The vaccine administration equipment is accessible to every citizen,” Sicilia says. “this is obtainable to international locations everywhere. And it’s designed to scale to each and every country’s whole inhabitants.”

Awo Ablo, executive director of external members of the family for TBI, says the COVID-19 pandemic and the adoption of a brand new digital framework for health monitoring can also have opened the door for African nations to get forward of the curve on digital health systems records.

“There’s a possibility of Africa leaping ahead. there's the possibility for a good bounce ahead, if nations want to take it, to use know-how no longer only for fitness, but to digitize the economic climate,” Ablo says.

When government officials ask questions about such programs, they focal point on information safety and privacy, Oracle’s Vandebelt says. “That’s what Oracle does neatly,” she says. “additionally, they have been at all times utilising external their bodies to assist investigate that what we're constructing is of the utmost protection and has the crucial privateness controls.”

Organizers in Ghana submit notices about vaccine clinics.

Tony Blair Institute
another Oracle power is establishing systems at big scale. Many international locations’ current programs “delivery to buckle” as soon as they reach tens of heaps of information a day, Ablo says, but the Oracle system can integrate current data and methods while giving countries the capability to scale.

A remember of have faith

TBI, a mission-driven not-for-profit, changed into centered by using former British best Minister Tony Blair in 2016. Its government Advisory practice helps the leaders of constructing and emerging economies handle one of the crucial most problematic challenges on this planet today to create more open and affluent societies. TBI’s song listing goes back to 2008, when Blair all started the Tony Blair Africa Governance Initiative. He has labored carefully with Oracle Chairman and CTO Larry Ellison on different urgent concerns in Africa, comparable to agricultural transformation and access to electrical energy.

“The proposition Tony Blair has at all times made to governments is that he is there to again their reform ambitions and agenda, so long as these mean a much better lifestyles for citizens and sustainable growth,” Ablo says. “it be a relationship of have faith, as a result of they don’t include an external agenda. Their hobby is in nationally scaling concepts that work and which are future-dealing with.”

lengthy-time period respectable

COVID-19 has been a catalyst for countries worldwide to rethink their national monitoring and registry techniques, however the pandemic has additionally laid naked the indisputable fact that most countries weren’t prepared to handle a crisis of this magnitude. Africa’s ongoing struggles with ailments equivalent to Ebola and malaria are further advanced via the inability to identify individuals in lots of constituents of Africa, the place executive-issued digital IDs aren’t frequent. A resilient fitness equipment is the most appropriate defense in opposition t future pandemics, in line with Rwanda President Paul Kagame, who has stated that Africa must be capable of access a good share of any vaccine as soon as it’s accessible.

“We need programs that now not most effective inform us what has happened in the variety of clinical data, however also make predictions a couple of affected person’s adventure of care, viable disease development, and many others.,” Oracle’s Sicilia says. while African governments work to put in force vast-scale programs—now not just for health administration, however additionally for digital IDs—Oracle Healthcare management equipment can integrate with biometric specifications that enable fingerprint analyzing to be used for identification.

“should you can establish people, there are many advantages beyond healthcare,” Sicilia says. “which you could birth thinking about having them participate within the digital economic system on a regular groundwork and making it simpler for shuttle, voting—all these types of issues that are problematic to do with out a way to determine yourself.”

the most progressive part is the citizen engagement piece, whereby all and sundry concerned—the patient, the medical professional, the healthcare practitioner—sees the merits of two-method communications.

“You won't have to wait unless the next appointment to talk about how you’re feeling or to tell your medical professional that you’ve developed a brand new symptom,” Sicilia says. “This adjustments healthcare in a really effective manner. They enable bidirectional conversations between patients and suppliers centered on precise-world facts. That facts can come from sufferers’ enter or at once from connected scientific contraptions. They should end the days of faxing medical records. sufferers and providers want true-time, secure access to information no depend where they’re found.”

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