1z0-960:Oracle Financials Cloud General Ledger Certification

This practice tests offers a total of 105 carefully selected questions for 1z0-960 Oracle Financials Cloud: General Ledger 2017 Implementation Essentials which will help you get prepared for the certification Exam. You will definitely score more than 80 percent.

In real exam you will get 76 questions and 60% is the qualification marks.

Duration will be 120 minutes and the Exam price is 245$.

Format is multiple choice type.

The topics are listed below.

Enterprise Structures

·        Configure the Chart of Accounts

·        Explain Essbase

·        Set up accounting hierarchies

·        Set up the accounting calendar

·        Configure Chart of Accounts Security

·        Configure the legal entity structure and define the relationship to the Chart of Account

Journal Processing

·        Process journal entries

·        Configure automated journal processing

·        Explain the journal approval set up

·        Configure allocations and periodic entries

·        Explain Average Daily Balance Processing

·        Explain the secondary ledger and reporting currencies

Sub ledger Accounting

·        Create and manage Accounting Rules

·        Create and process sub ledger accounting entries

·        Explain the journal description rules

·        Identify supporting references

Intercompany Processing

·        Design the Chart of Accounts and segment level rules for intercompany

·        Set up Intercompany Accounting (system options, transaction types, organizations)

·        Describe intercompany balancing

·        Process intercompany transactions and periods

·        Process intercompany reconciliations

Reporting & Analytics

·        Explain how to design and use various reporting tools

·        Set up the Financials Reporting Studio

·        Explain OTBI and GL Subject Areas

·        Describe Smart View accounting inquiry and analysis

·        Describe the General Accounting Dashboard and Work Areas

·        Analyze budgets versus actuals

·        Describe the Fusion Accounting Reporting Service

Period Close

·        Explain the Close Process

·        Configure and process revaluations

·        Configure and process translations

·        Configure and process consolidations

·        Analyze reconciliations

·        Close monitor

Budgetary Control and Encumbrance

·        Configure and Process Budgets

·        Explain how to analyze and monitor Budget Consumption

·        Configure Encumbrance Accounting

·        Process Encumbrance Journals