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From your first practice test to your final review, Actual4Cert covers every stage of Oracle Financials Cloud: General Ledger 2017 Implementation Essentials preparation. 140 1z1-960 practice questions, 365 days of free updates, and round-the-clock support come together in one place.

Oracle 1z1-960 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Financials Cloud: General Ledger 2017 Implementation Essentials
Exam Number:1Z0-960
Passing Score:60% or 800/1000
Related Certifications:Oracle Financials Cloud 2017 Certified Implementation Specialist
Exam Duration:120 minutes
Exam Price:USD 245
Exam Format:Multiple Answer, Multiple Choice
Certificate Validity Period:18 months from issue
Available Languages:English
Real Exam Qty:76-105
Recommended Training:Oracle Financials Cloud: General Ledger 2017 Implementation Training
Exam Registration:Oracle University
Pearson VUE Registration
Sample Questions: DOWNLOAD DEMO
Exam Way:Online proctored or onsite at Pearson VUE test centers
Pre Condition:No mandatory prerequisites; recommended hands-on experience with Oracle Financials Cloud
Official Syllabus URL:https://education.oracle.com/oracle-financials-cloud-general-ledger-2017-implementation-essentials/pexam_1Z0-960

Oracle 1z1-960 Exam Syllabus Topics:

SectionObjectives
Topic 1: Budgetary Control and Encumbrance- Configure budgetary control
- Monitor budget consumption
- Set up encumbrance accounting
Topic 2: Journal Processing- Process manual and automated journal entries
- Configure allocations and periodic entries
- Set up journal approval rules
- Define secondary ledgers and reporting currencies
Topic 3: Enterprise Structures- Configure Chart of Accounts security
- Set up accounting hierarchies and calendars
- Configure Chart of Accounts
- Define legal entity structure
Topic 4: Reporting and Analytics- Use General Accounting Dashboard
- Perform analysis with Smart View
- Implement OTBI and GL subject areas
- Use Financial Reporting Studio
Topic 5: Period Close- Perform consolidations and reconciliations
- Manage period close process
- Process revaluations and translations
Topic 6: Intercompany Processing- Set up intercompany balancing rules
- Process and reconcile intercompany transactions
- Design intercompany segment rules
- Configure intercompany system options
Topic 7: Subledger Accounting- Create and manage accounting rules
- Process subledger accounting entries
- Define journal description rules
- Identify supporting references

Frequently Asked Questions About Oracle Financials Cloud: General Ledger 2017 Implementation Essentials

The Oracle Financials Cloud: General Ledger 2017 Implementation Essentials exam (exam code 1z1-960) is the official Oracle exam that leads to the Oracle Financials Cloud General Ledger 2017 Certified Implementation Specialist certification, sitting at the Implementation Specialist level of the Oracle certification track. It is also connected with Oracle Financials Cloud 2017 Certified Implementation Specialist. If this is the credential you are working toward, the 140 practice questions at Actual4Cert map directly to its objectives.

The Oracle Financials Cloud: General Ledger 2017 Implementation Essentials exam includes 76-105 questions, and you have 120 minutes to complete them. Divide the time limit by the question count and you get a tight average pace per item, so train yourself to flag time-consuming questions and return to them later instead of getting stuck. Before test day, run at least one full timed session in the Actual4Cert test engine under the same limits — the clock should never surprise you.

The passing score for Oracle Financials Cloud: General Ledger 2017 Implementation Essentials is 60% or 800/1000, and the official registration fee is USD 245. A failed attempt means paying that fee in full again, so your preparation budget deserves the same attention as your study plan. A practical rule: book your exam date only after you can finish a Actual4Cert practice test comfortably above the passing score more than once.

According to Oracle, candidates should meet the following before registering: No mandatory prerequisites; recommended hands-on experience with Oracle Financials Cloud. Requirements can change, so confirm the latest details on the official exam page before you register.

You can register for the Oracle Financials Cloud: General Ledger 2017 Implementation Essentials exam through the official channels below:

Exam delivery: Online proctored or onsite at Pearson VUE test centers.

Oracle lists the following official training options for this exam:

Formal training builds the theory; pair it with the 140 practice questions from Actual4Cert to find out whether you are genuinely ready for the exam.

Yes. A free PDF demo of the 1z1-960 practice questions is available to download, so you can judge the format and quality before paying anything. Every purchase also includes 365 days of free updates, and if your product expires you can extend the update service at a 50% discount.

Your order is covered by a conditional 100% money-back guarantee: if you take the corresponding exam within 60 days of purchase and do not pass, you may apply for a full refund. Exams taken within 3 days of purchase are not eligible, nor are free materials or expired orders, and the candidate name must match the payer name. To claim, submit a scanned enrollment slip and your official Score Report PDF within 2 days of the exam; claims are processed within 7 days. Prefer to keep studying? You can instead exchange your purchase for two free products of equal value while keeping the update service on your original one. Delivery itself is immediate: your product unlocks for instant download right after payment and a copy is emailed to you within a minute — if nothing arrives within 2 hours, contact our support team. There is no limit on the number of computers you can install it on.

The Oracle Financials Cloud: General Ledger 2017 Implementation Essentials blueprint is divided into 7 major domains, starting with Journal Processing, Subledger Accounting, and Budgetary Control and Encumbrance. The full breakdown, including every subdomain and its weighting, is listed in the Exam Topics section above — review it against your own weak areas before scheduling the exam.

Oracle Financials Cloud: General Ledger 2017 Implementation Essentials Sample Questions:

Question 1

Your customer has three legal entities, 50 departments, and 10,000 natural accounts. They use intercompany entries.
What is Oracle's recommended 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 should be primary balancing segment, cost center segment, and natural account segment, respectively
B. Define four segments for the company, department, natural account, and intercompany segment. The qualifiers should be primary balancing segment, cost center segment, natural account segment, and intercompany segment, respectively.
C. 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.
D. 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.


Question 2

You are using budgetary control. You have an open purchase order for $500 USD, and an invoice for $300 USD is matched to the purchase order.
What will be the fund status of the purchase order and invoice?

A. The purchase order is Partially Liquidated and the invoice is Partially Reserved.
B. The purchase order is Open and the invoice is Validated.
C. Both are Partially Reserved.
D. The purchase order is Liquidated and the invoice is Partially Reserved.
E. Both are reserved.
F. The purchase order is Partially Liquidated and the invoice will be Reserved.


Question 3

What Is Oracle Essbase?

A. A relational database
B. A data ware house
C. A multidimensional Online Analytical Processing (OLAP) server that is embedded in Fusion GeneralLedger
D. A robust reporting and analysis tool


Question 4

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. Make sure you run the Retrieve Latest LDAP Changes program to regenerate the data roles.
B. Open the Oracle Identity Management (OIM) and make sure the data roles were created.
C. Open Access Policy Manager (APM) and assign the roles manually
D. Open the Manage Users page and make sure the employees at


Question 5

Which reporting tool is best suited for submitting high-volume transactional reports, such as Invoice Registers or Trial Balance reports, that can be configured to extract the data in Rich Text Format or XML?

A. Oracle Transactional Business Intelligence (OTBI)
B. Smart View
C. Business Intelligence Publisher (BI Publisher).
D. Financial Reporting Center
E. Oracle Data Visualization Cloud Service


Solutions:

Question 1
Answer: D
Question 2
Answer: E
Question 3
Answer: A
Question 4
Answer: C
Question 5
Answer: A

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