Every difficult point you identify in practice is one less surprise on exam day. LatestCram helps you find them with 140 verified practice questions for the Oracle Financials Cloud: General Ledger 2017 Implementation Essentials exam and a printable PDF for review.
Oracle 1z1-960 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: General Ledger 2017 Implementation Essentials |
| Exam Number: | 1Z0-960 |
| Exam Price: | USD 245 (may vary by region) |
| Exam Format: | Multiple Choice, Multiple Response |
| Exam Duration: | 120-150 |
| Available Languages: | English |
| Related Certifications: | Oracle Financials Cloud Implementation Specialist Oracle ERP Cloud Certification |
| Recommended Training: | Oracle Financials Cloud Training |
| Exam Registration: | Pearson VUE Oracle Exams Oracle Certification Registration |
| Sample Questions: |  |
| Exam Way: | Online proctored or testing center (Pearson VUE) |
| Pre Condition: | Basic knowledge of accounting principles and Oracle Financials Cloud recommended |
| Official Syllabus URL: | https://education.oracle.com/ |
Oracle 1z1-960 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Oracle Financials Cloud Overview | - Financials Cloud architecture and components - General Ledger positioning within Oracle ERP Cloud |
| Financial Reporting | - Standard and custom reports - Financial reporting studio basics |
| Chart of Accounts (COA) | - COA structure and segments - Value sets and segment hierarchy |
| Period Close Process | - Period close activities and reconciliation - Financial reporting and adjustments |
| Ledger Setup and Configuration | - Calendar, currency, and accounting setup - Ledger definition and configuration |
| Journals and Transactions | - Journal approval and posting process - Manual and automatic journal entries |
Studying for the Oracle Financials Cloud: General Ledger 2017 Implementation Essentials Exam: Answers
This package includes 140 practice questions for the Oracle Financials Cloud: General Ledger 2017 Implementation Essentials exam. Every answer is verified by an experienced team of experts, so you can trust what you study.
The PDF version downloads in seconds and prints cleanly, so you can read on paper, flip through the pages freely, and write notes in the margins as you go. Marking each mistake on paper makes review sessions concrete: you see exactly which questions tripped you up and which topics need another round.
The Oracle Financials Cloud: General Ledger 2017 Implementation Essentials practice questions are organized around the official exam objectives. Key topics include:
- Period Close Process ()
- Journals and Transactions ()
- Ledger Setup and Configuration ()
Use your printed pages to flag the topics that give you trouble, then focus your next session there.
You can register for the Oracle Financials Cloud: General Ledger 2017 Implementation Essentials exam through the official channels:
Basic knowledge of accounting principles and Oracle Financials Cloud recommended
You can confirm the current eligibility requirements on the official 1z1-960 exam page before you register.
Many candidates combine practice questions with official training. Recommended options include:
If you learn best with physical pages, the PDF version is built for you. Print the full 140 practice questions for the 1z1-960 exam, work through them anywhere without a device, and keep your annotated pages as a personal review guide. The PC and online versions remain available whenever you want interactive practice.
Oracle Financials Cloud: General Ledger 2017 Implementation Essentials Sample Questions:
You need to define multiple allocation rules as efficiently as possible.
Which three components can be reused across allocation rules?
- A. Point of View (POV)
- B. RuleSets
- C. Formulas
- D. Run Time Prompts (RTP)
Correct Answer: B,C,D 🗳️
Your customer is expanding its operations. You defined a new ledger and several business units. However, you are unable to assign the newly generated data roles to existing Accounts Payables and Accounts Receivables users in the shared service center.
What should you do to correct the problem?
- A. Open the Oracle Identity Management (OIM) and make sure the data roles were created.
- B. Open Access Policy Manager (APM) and assign the roles manually
- C. Open the Manage Users page and make sure the employees at
- D. Make sure you run the Retrieve Latest LDAP Changes program to regenerate the data roles.
Correct Answer: B 🗳️
Alter submitting the journal for approval, you realize that the department value in the journal incorrect. How do you correct the value?
- A. Delete the journal and create a new journal.
- B. Click the Withdraw Approval button in the Edit Journals page and edit the journal.
- C. Update the journal through workflow
- D. Reverse the journal and create a new one.
Correct Answer: C 🗳️
Journal Description Rules are assigned to Subledger Journal Entry Rule Sets.
What are the other three subcomponents of a Subledger Journal Entry Rule Set? (Choose three.)
- A. Accounting Date
- B. Chart of Accounts
- C. Account Rules
- D. Description Rules
- E. Supporting References
- F. Journal Line Rules
Correct Answer: C,D,F 🗳️
You already ran Translation, but a last-minute adjusting journal entry in your ledger currency was entered after you consolidated your results.
What is Oracle's recommended practice when this occurs?
- A. Translate only the adjusting journal entry.
- B. Rerun Revaluation and then rerun Translation
- C. Enter another adjusting journal entry in the target currency to true up the balances.
- D. Rerun Translation and then reconsolidate your results
Correct Answer: D 🗳️
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