The 1z1-960 exam does not stand still, so neither does our material. Prep4away constantly updates the Oracle Financials Cloud: General Ledger 2017 Implementation Essentials bank, and every purchase includes 365 days of free updates — keeping you aligned with the exam as it exists in 2026.
Oracle 1z1-960 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Enterprise Structures | - Configure Chart of Accounts - Set up accounting hierarchies and calendars - Configure Chart of Accounts security - Define legal entity structure |
| Topic 2: Budgetary Control and Encumbrance | - Set up encumbrance accounting - Monitor budget consumption - Configure budgetary control |
| Topic 3: Reporting and Analytics | - Perform analysis with Smart View - Use Financial Reporting Studio - Implement OTBI and GL subject areas - Use General Accounting Dashboard |
| Topic 4: Period Close | - Process revaluations and translations - Manage period close process - Perform consolidations and reconciliations |
| Topic 5: Intercompany Processing | - Design intercompany segment rules - Set up intercompany balancing rules - Process and reconcile intercompany transactions - Configure intercompany system options |
| Topic 6: Subledger Accounting | - Create and manage accounting rules - Identify supporting references - Define journal description rules - Process subledger accounting entries |
| Topic 7: Journal Processing | - Process manual and automated journal entries - Set up journal approval rules - Define secondary ledgers and reporting currencies - Configure allocations and periodic entries |
Oracle 1z1-960 Exam Questions, No Fluff
The Oracle Financials Cloud: General Ledger 2017 Implementation Essentials exam runs 120 minutes and contains 76-105 questions. That ratio is the real exam challenge: knowing the content is necessary, but pacing is what finishes it. Rehearse with full-length timed sessions in the Prep4away test engine, and treat your pacing plan as seriously as your study plan.
Yes — Prep4away provides a free demo of the Oracle Financials Cloud: General Ledger 2017 Implementation Essentials questions and answers, available for download as a reference before you decide. After purchase, 365 days of free updates are included; once the year ends, you can extend the update service at a 50% discount from your member zone.
Delivery is quick and easy: two steps finish your order, and your 1z1-960 product is emailed to your mailbox within one minute of payment — then just download the attachment. If nothing arrives within 2 hours, check spam and contact us for an immediate resend. On failure, the refund policy is specific: sit the corresponding 1z1-960 exam within 60 days of purchase, and a fail qualifies you for a full refund — submit a scanned enrollment slip and the official Score Report PDF within 2 days after the exam, and the refund completes within 7 days. Excluded: attempts within 3 days of purchase, exams never actually taken, free materials, and expired orders — the candidate name must also match the payer name. Prefer to continue studying? Exchange your product for two free exam products of equal value, with update service kept on the original purchase.
No mandatory prerequisites; recommended hands-on experience with Oracle Financials Cloud These rules are set by Oracle and can change, so confirm the current requirements on the official exam page: https://education.oracle.com/oracle-financials-cloud-general-ledger-2017-implementation-essentials/pexam_1Z0-960 before registering for the Oracle Financials Cloud: General Ledger 2017 Implementation Essentials exam.
The 1z1-960 exam is Oracle's official certification test, and passing it awards the Oracle Financials Cloud General Ledger 2017 Certified Implementation Specialist credential — a certification at the Implementation Specialist level. Its career value is simple: certified professionals are the first shortlisted for better roles and promotions, which is why candidate numbers keep climbing. It also connects to Oracle Financials Cloud 2017 Certified Implementation Specialist, extending its value across a wider credential path.
Registration goes through Oracle's official channels:
The exam itself is delivered via Online proctored or onsite at Pearson VUE test centers, so factor that into your scheduling.
The Oracle Financials Cloud: General Ledger 2017 Implementation Essentials syllabus spans 7 knowledge areas. The heaviest are Period Close, Reporting and Analytics, Enterprise Structures. Match your study time to those weights — the full outline is listed in the section above.
Each Oracle Financials Cloud: General Ledger 2017 Implementation Essentials attempt costs USD 245, and the pass mark is 60% or 800/1000. A retake bills the full fee again, so the financially smart move is arriving overprepared. Use Prep4away practice questions until your timed scores clear 60% or 800/1000 comfortably, then book the 1z1-960 exam once.
Yes — these are the vendor's recommended training options:
Training builds the base; the 140 practice questions for the 1z1-960 exam from Prep4away show whether it holds up when the clock is running.
Oracle Financials Cloud: General Ledger 2017 Implementation Essentials Sample Questions:
Your customer is reconciling their Intercompany Receivables accounts.
Which two reports should they use in addition to using the intercompany Reconciliation report?
- A. Receivables Aging by General Ledger Account report
- B. Receivables to General Ledger Reconciliation report
- C. AR Aging report
- D. General Ledger Trial Balance report
Correct Answer: B 🗳️
Your company wants to change the Cumulative Translation Adjustment (CTA) account to record gains/losses from varying currency rates.
What steps must you perform to achieve this objective without causing data corruption?
- A. Purge all translated balances, change the CTA account in the Ledger page, and rerun Translation for all periods required.
- B. Define a new ledger and accounting configuration. The CTA account cannot be updated after the ledger has been in use.
- C. Open the Ledgers page and update the CTA account and then rerun Translation for all periods required.
The system will automatically update the translated balances. - D. Query the Translation journals and delete all of them, then change the CTA account in the Ledger page, and rerun Translation for all periods required.
Correct Answer: A 🗳️
Explanation: Only visible for Prep4away members. You can sign-up / login (it's free).
Your Financial Analyst needs to interactively analyze General Ledger balances with the ability to drill down to originating transactions.
Which three features facilitate this? (Choose three.)
- A. Account Inspector
- B. Financial Reports published to Excel
- C. Online Transactional Business Intelligence
- D. Account Monitor
- E. Smart View
Correct Answer: A,B,C 🗳️
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. Reverse the journal and create a new one.
- C. Click the Withdraw Approval button in the Edit Journals page and edit the journal.
- D. Update the journal through workflow
Correct Answer: D 🗳️
Which three objectives must be considered when designing the chart of accounts? (Choose three.)
- A. Try to use all 30 segments and 25 characters per segment because you cannot change it later.
- B. Limit the number of segments to those you need today to reduce data entry.
- C. Effectively manage an organization's financial business.
- D. Anticipate growth and maintenance needs as organizational changes occur.
- E. Consider implementing a single, global chart of accounts
Correct Answer: C,D,E 🗳️
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