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Oracle 1z1-960 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: General Ledger 2017 Implementation Essentials |
| Exam Number: | 1Z0-960 |
| Related Certifications: | Oracle Financials Cloud: General Ledger 2019 Implementation Essentials Oracle Financials Cloud: General Ledger 2021 Implementation Professional |
| Exam Duration: | 120 minutes |
| Real Exam Qty: | 105 |
| Available Languages: | English |
| Exam Price: | USD 245 |
| Exam Format: | Multiple answer, Multiple choice |
| Passing Score: | 800 (on a 1000 scale) |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Onsite at test center or online proctored |
| Pre Condition: | Recommended experience in Financials Cloud implementation and general ledger processes. |
| Official Syllabus URL: | https://education.oracle.com/exam_test?p_exam_id=1Z0-960 |
Oracle 1z1-960 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| General Ledger Cloud Setup and Enterprise Structures | - Define chart of accounts and accounting calendars - Configure enterprise legal entities |
| Period Close and Budgetary Control | - Budgetary control and encumbrance accounting - Manage period close processes |
| Journal and Subledger Accounting | - Subledger accounting - Journal processing and rules |
| Intercompany Processing | - Process intercompany transactions - Define intercompany balancing rules |
| Reporting and Analytics | - Use Smart View and OTBI for reporting - Financial Reporting Studio |
FAQs for Oracle Financials Cloud: General Ledger 2017 Implementation Essentials Candidates
The 1z1-960 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 2017 Implementation Essentials.
Related certifications include:
- Oracle Financials Cloud: General Ledger 2019 Implementation Essentials
- Oracle Financials Cloud: General Ledger 2021 Implementation Professional
The 1z1-960 exam includes 105 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 1z1-960 is 800 (on a 1000 scale), 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.
Recommended experience in Financials Cloud implementation and general ledger processes.
Eligibility rules can change, so confirm the current requirements on the official exam page before registering.
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The current 1z1-960 outline is organized into 5 top-level domains. The first listed areas include:
- Period Close and Budgetary Control
- Reporting and Analytics
- General Ledger Cloud Setup and Enterprise Structures
Review the Exam Topics section above for the complete outline and any nested subtopics.
Oracle Financials Cloud: General Ledger 2017 Implementation Essentials Sample Questions:
Question 1
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. Application Development Framework Desktop Integral ion (ADFdi)
C. Account Group
D. Budget Controller
E. Budget Group
Question 2
Who are the three primary Functional Setup Manager users?
A. Implementation Project Managers and Consultants
B. Application Developers
C. C-Level Executives
D. System Administrators
E. End Users that perform transaction processing
Question 3
The expense account of airfare was erroneously assigned to the account type "Liability." Which method should you choose to fix the problem?
A. Run the "Update Balance Cube Chart of the Accounting Dimension" program.
B. Run the "Correct Misclassified Account" program.
C. Deactivate the value.
D. Run the "Segment Value Inheritance" program.
Question 4
What are the two possible reasons for encumbrance created on the purchase order to go back to the budget or funds availability? (Choose two.)
A. When the requisition is set to accrue at period end and partially billed and then canceled or finally closed, encumbrance goes back to the budget to the extent of the unbilled amount.
B. The purchase order is canceled or finally closed or rejected without performing any receipt or invoice.
C. The requisition reserved successfully undergoes amendment and is rejected in the reapproval.
D. When the purchase order is set to accrue at receipt and partially received, then canceled or finally closed, encumbrance goes back to the budget to the extent of the unreceived amount.
Question 5
You want to display OTBI reports and graphs in PowerPoint to show general ledger or subledger data.
How do you accomplish this?
A. Use Account Inspector and then export to Excel and copy and paste into PowerPoint.
B. Download OTBI reports and charts to a spreadsheet and then copy and paste the spreadsheet to PowerPoint
C. Use SmartView to create reports and charts using general ledger and subledger subject areas embed the charts/reports into PowerPoint
D. Use Smart View and Oracle BI EE View Designer to create reports in PowerPoint, Word, and Excel.
Solutions:
| Question 1 Answer: C | Question 2 Answer: A,D,E | Question 3 Answer: B | Question 4 Answer: B,D | Question 5 Answer: D |
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