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Download Oracle : 1z1-960 Questions & Answers as PDF & Test Software

Last Updated: Aug 29, 2026

No. of Questions: 140 Questions & Answers with Testing Engine

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Certification blueprints shift, and stale study material is worse than none at all. TestSimulate keeps the 1z1-960 question set aligned with the current Oracle Financials Cloud: General Ledger 2017 Implementation Essentials exam, and every purchase in 2026 includes 365 days of free updates.

Oracle 1z1-960 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Financials Cloud: General Ledger 2017 Implementation Essentials
Exam Number:1Z0-960
Passing Score:800 (on a 1000 scale)
Available Languages:English
Real Exam Qty:105
Exam Price:USD 245
Exam Format:Multiple choice, Multiple answer
Exam Duration:120 minutes
Related Certifications:Oracle Financials Cloud: General Ledger 2019 Implementation Essentials
Oracle Financials Cloud: General Ledger 2021 Implementation Professional
Sample Questions:Oracle 1z1-960 Sample Questions
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:

SectionObjectives
Topic 1: Reporting and Analytics- Use Smart View and OTBI for reporting
- Financial Reporting Studio
Topic 2: General Ledger Cloud Setup and Enterprise Structures- Configure enterprise legal entities
- Define chart of accounts and accounting calendars
Topic 3: Journal and Subledger Accounting- Journal processing and rules
- Subledger accounting
Topic 4: Period Close and Budgetary Control- Manage period close processes
- Budgetary control and encumbrance accounting
Topic 5: Intercompany Processing- Define intercompany balancing rules
- Process intercompany transactions

1z1-960 Certification Exam — Your Questions, Answered

The 1z1-960 exam is the official Oracle exam behind Oracle Financials Cloud: General Ledger 2017 Implementation Essentials — passing it earns you the Oracle Financials Cloud certification, a credential positioned at the Implementation Specialist level. It is built for candidates who want to validate the skills measured by Oracle Financials Cloud: General Ledger 2017 Implementation Essentials. Depending on your track, the exam is also linked to the Oracle Financials Cloud: General Ledger 2019 Implementation Essentials and Oracle Financials Cloud: General Ledger 2021 Implementation Professional certifications, so one pass can move you toward more than one Oracle credential.

The 1z1-960 exam presents 105 questions to be completed within 120 minutes. That pace leaves little room for second-guessing: read each question carefully on the first pass, flag the ones you want to revisit, and keep moving instead of stalling on a single item. Before exam day, run at least one full timed session in the TestSimulate desktop or online test engine with a comparable question load — a steady rhythm under the clock is a trainable skill, and it is often what separates a pass from a near miss.

To pass the 1z1-960 exam you need 800 (on a 1000 scale), and the official registration fee is USD 245. Keep in mind that a failed attempt means paying that fee again in full — retakes are not discounted. Given the cost, self-test before you book: if you can score comfortably above the passing mark on two or three consecutive timed TestSimulate practice tests, your budget is far better spent on the exam itself than on a retake.

Recommended experience in Financials Cloud implementation and general ledger processes. Because Oracle revises its certification programs from time to time, treat this as a starting point rather than the final word. Confirm the current eligibility requirements on the official Oracle exam page before you register.

Yes. A free PDF demo of the 1z1-960 practice questions is available, so you can check the question style and answer quality before spending anything. Every purchase also includes 365 days of free updates — whenever Oracle adjusts the Oracle Financials Cloud: General Ledger 2017 Implementation Essentials blueprint, your material is refreshed at no cost during that period. After the first year, you can extend the update service at a 50% discount from your member zone.

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The Oracle Financials Cloud: General Ledger 2017 Implementation Essentials syllabus is organized into 5 domains. Among the headline areas are Period Close and Budgetary Control, Journal and Subledger Accounting, Reporting and Analytics. Rather than copying every subtopic here, we keep the complete, current outline in the Exam Topics section above — work through it domain by domain with the TestSimulate 1z1-960 practice questions so nothing on the blueprint catches you off guard.

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

Question 1

You need to define multiple allocation rules as efficiently as possible.
Which three components can be reused across allocation rules?

A. RuleSets
B. Point of View (POV)
C. Formulas
D. Run Time Prompts (RTP)


Question 2

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. The purchase order is canceled or finally closed or rejected without performing any receipt or invoice.
B. The requisition reserved successfully undergoes amendment and is rejected in the reapproval.
C. 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.
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 3

You are reconciling your Payables the Receivables balances against the General Ledger. You are using the Payables to Ledger Reconciliation report. You notice discrepancies between the balances in the subledgers, subledger accounting, and general ledger.
Which three factors are responsible for these out-of-balance situations?

A. There were manually entered journals against the Payables and Receivables accounts that were posted in General Ledger.
B. Period Close processes, such as Revaluation, Translation, and Consolidation have not been performed yet.
C. Intercompany transactions have not been fully processed.
D. Subledger transactions have been accounted and transferred to General Ledger but have not been posted.
E. All sub ledger transactions have been entered but do not have complete accounting.


Question 4

You defined a tree or hierarchy, but you are unable to set its status to Active.
What is the reason?

A. Chart of accounts was not deployed.
B. Two tree versions were not defined
C. Accounting Configuration was not submitted.
D. An Audit process needs to be successfully performed before a tree version can be set to Active.


Question 5

You are implementing a multipillar implementation of both HCM Cloud and ERP Cloud. You are implementing ERP first followed by HCM Cloud. You want to ensure your ledgers and chart of accounts are correctly defined.
What should you do? (Choose three)

A. Use the Rapid Implementation spreadsheet when creating your enterprise structure.
B. Use HCM's Enterprise Structure Configurator (ESC) first.
C. Deploy your chart of accounts.
D. Create your chart of accounts in the following order: value sets, COA structure, and instance before assigning values to the value sets.
E. Use file-based spreadsheet loaders using UCM to mass load and maintain chart of accounts segment values and hierarchies.


Solutions:

Question 1
Answer: A,C,D
Question 2
Answer: A,D
Question 3
Answer: B,C,D
Question 4
Answer: B
Question 5
Answer: A,B,C

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