Exam Name: Oracle Financials Cloud: General Ledger 2016 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: OPN Certified Specialist
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- Total Questions: 80
- Updated on: Oct 13, 2026
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Oracle 1z0-333 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: General Ledger 2016 Implementation Essentials |
| Exam Number: | 1Z0-333 |
| Exam Format: | Multiple Choice |
| Exam Duration: | 120 minutes |
| Passing Score: | 800 (on Oracle's scale) |
| Exam Price: | USD (varies by region, typically in Oracle exam pricing) |
| Available Languages: | English |
| Related Certifications: | Oracle Financials Cloud General Ledger 2016 Certified Implementation Specialist |
| Real Exam Qty: | 80 |
| Certificate Validity Period: | Retired (older exam; replaced by updated Oracle Cloud GL exams) |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Delivered via Oracle's official testing provider (Pearson VUE) at authorised test centres or online proctored where available. |
| Pre Condition: | Recommended experience with Oracle Financials Cloud GL configuration and implementation best practices. |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1z0-333 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Budgetary Control and Encumbrance | - Budget setup and control options
|
| General Ledger Processing | - Subledger Accounting Integration
|
| General Ledger Setup and Core Concepts | - Chart of Accounts and Segment Design
|
| Intercompany and Reporting | - Reporting and Analysis Tools
|
Studying for the Oracle Financials Cloud: General Ledger 2016 Implementation Essentials Exam: Answers
The Oracle Financials Cloud: General Ledger 2016 Implementation Essentials exam requires a score of 800 (on Oracle's scale) to pass, and the official registration fee is USD (varies by region, typically in Oracle exam pricing). Because the fee is significant, preparing thoroughly the first time is the practical choice.
Every session in the test engine is scored and broken down, so you see clearly which topics you handle well and which ones keep costing you points. That picture tells you where your remaining study time belongs ā a far better guide than rereading everything evenly.
The Oracle Financials Cloud: General Ledger 2016 Implementation Essentials exam contains 80 questions, and you will have 120 minutes minutes to complete them. Practicing within the same limits builds the pacing the real exam demands.
Recommended experience with Oracle Financials Cloud GL configuration and implementation best practices.
You can confirm the current eligibility requirements on the official 1z0-333 exam page before you register.
This package includes 80 practice questions for the Oracle Financials Cloud: General Ledger 2016 Implementation Essentials exam. Every answer is verified by an experienced team of experts, so you can trust what you study.
Yes. Once downloaded, the online test engine keeps running without an internet connection, on Windows, Mac, Android, or iOS. That means practice continues on flights, in waiting rooms, and anywhere else your day takes you ā your 1z0-333 preparation never has to pause for a missing signal.
The Oracle Financials Cloud: General Ledger 2016 Implementation Essentials practice questions are organized around the official exam objectives. Key topics include:
- General Ledger Processing ()
- Budgetary Control and Encumbrance ()
- General Ledger Setup and Core Concepts ()
Comparing your practice scores against these topics shows you where the next session should go.
Oracle Financials Cloud: General Ledger 2016 Implementation Essentials Sample Questions:
You create a prepayment for USD l00 and validate it to consume the budget and reduce available funds under the prepayment account. You then pay the prepayment of USD 100 create an invoice for USD 300, and validate the* invoice to consume the budget and reduce available funds for the expense-accounts used in the invoice. You then apply the prepayment fully on to the invoice and revalidate it.
What happens to the available funds when you apply a prepayment that requires budgetary control?
- A. Available funds will not change till invoice is approved.
- B. The prepayment application releases funds of lOO USD and the invoice consumes funds of 300 USD, with a net decrease to available funds of 200 US
- C. The prepayment application releases funds of 200 USD ^nd the invoice consumes funds of lOO USD, with a net decrease to available funds of 200 USD.
- D. The prepayment application was already released at the time of payment and the invoice consumes funds of 300 USD.
- E. The budget will be released only foi the USD 30O invoice amount.
- F. The prepayment application releases funds of 300 USD and the invoice consumes funds of 300 USD, with a net decrease to available funds of 100 USD.
Correct Answer: E š³ļø
Your customer operates three shared services that perform accounting functions across 50 countries.
What feature allows them to share setup data, such as Payment Terms, across Business Units?
- A. Business Units functions
- B. Data Access Sets
- C. Reference Data Sets
- D. None. Setup data is partitioned by Business Unit and must be defined separately per Business Unit.
Correct Answer: C š³ļø
You entered a journal and the client is asking for the following information:
The current account balance
What the future account balance will be if the Journal is approved and posted
How will you get this information?
- A. Use Oracle Transactional Business Intelligence (OTBI) to query General Ledger balances
- B. View the Projected Balance region in the Create Journals page.
- C. Run a Trial Balance before and after posting.
- D. Query the account balance online.
Correct Answer: B š³ļø
Your company has complex consolidation requirements with multiple general ledger instances. You are using Oracle Hyperion Financial Management to consolidate the disparate General Ledgers. You can typically map segments between your general ledger segment to a Hyperion Financial Management segment, such as Company to Entity, Department to Department, and Account to Account.
What happens to segments in your source general ledger, such as Program, that cannot be mapped Hyperion Financial Management?
- A. Data is summarized across segments that are not mapped to Hyperion Financial Management
- B. The data is not transferred.
- C. The unmapped segments default to future use segments in Hyperion Financial Management
- D. Errors occur for unmapped segments. You must map multiple segments from source general ledgers to the target segment in Hyperion Financial Management.
Correct Answer: A š³ļø
You created your first Implementation Project and assigned the Application Implementation Consultant role to your user. However, you are unable to access Oracle Identity Management (OIM). This issue was caused because you did not assign the_____.
- A. Application Implementation Manager role to your user
- B. IT Security Manager role to your user
- C. Superuser role to your user
- D. Line Manager role to your user
Correct Answer: B š³ļø
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