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Oracle OPN Certified Specialist 1z0-333

1z0-333

Exam Code: 1z0-333

Exam Name: Oracle Financials Cloud: General Ledger 2016 Implementation Essentials

Updated: Sep 12, 2026

Q&A Number: 80 Q&As

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About Oracle 1z0-333 Exam Braindumps

Not sure a study set is what you need? Download the free 1z0-333 demo from Getcertkey and review a sample of the Oracle Financials Cloud: General Ledger 2016 Implementation Essentials practice questions before you spend anything — the 2026 edition is ready to try today.

Oracle 1z0-333 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Financials Cloud: General Ledger 2016 Implementation Essentials
Exam Number:1Z0-333
Certificate Validity Period:18-24 months
Exam Duration:120 minutes
Related Certifications:Oracle Financials Cloud Implementation Specialist
Real Exam Qty:75-80
Exam Price:$245 USD
Exam Format:Multiple Choice, Scenario-Based
Available Languages:English
Passing Score:60%
Recommended Training:Oracle Financials Cloud: General Ledger Implementation Training
Oracle University Official Prep
Exam Registration:Pearson VUE Registration
Oracle Certification Portal
Sample Questions:Free Download 1z0-333 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-2016-implementation-essentials/pexam_1Z0-333

Oracle 1z0-333 Exam Syllabus Topics:

SectionWeightObjectives
Ledger Configuration20%- Configure currencies and conversion rules
- Define primary and secondary ledgers
- Set up accounting calendar and periods
Implementation and Setup Overview15%- Chart of Accounts Design
  • 1. Define segments and values
    • 2. Set up accounting hierarchies
      • 3. Configure segment security rules
        - Functional Setup Manager
        • 1. Create implementation project
          • 2. Manage setup tasks and lists
            Subledger Accounting10%- Configure accounting rules
            - Integrate with source systems
            - Describe Fusion Accounting Hub
            Journal Processing15%- Set up journal approval workflows
            - Create, import, and post journals
            - Define allocations and recurring entries
            Reporting, Budgetary Control and Encumbrance15%- Set up encumbrance accounting
            - Configure budgetary control
            - Use Financial Reporting Studio, OTBI and Smart View
            Intercompany Accounting10%- Process and reconcile intercompany transactions
            - Set up intercompany system options
            - Design intercompany segment rules
            Period Close and Consolidation15%- Perform revaluation and translation
            - Execute consolidations and reconciliations
            - Manage period close process

            Common Questions About the Oracle 1z0-333 Exam

            What is the Oracle Financials Cloud: General Ledger 2016 Implementation Essentials exam all about?

            The 1z0-333 exam is the official Oracle exam behind the OPN Certified Specialist certification, validating the skills measured by the Oracle Financials Cloud: General Ledger 2016 Implementation Essentials credential. It sits at the Specialist level of the Oracle certification program. It also connects to Oracle Financials Cloud Implementation Specialist, so the knowledge you build here carries over to those tracks as well.

            How many questions are on the 1z0-333 exam, and how much time do I get?

            The 1z0-333 exam contains 75-80 questions to be completed within 120 minutes. Before exam day, divide the available time by the question count to work out a comfortable per-question pace, and mark any item that eats into it so you can return later instead of getting stuck. Timed sessions in the Getcertkey test engines make that pacing automatic — run at least two full-length mock exams under the clock so time pressure never becomes the reason you drop points.

            What score do I need to pass the 1z0-333 exam, and what does it cost?

            The passing score for the 1z0-333 exam is 60%, and the official registration fee is $245 USD. Retakes are not discounted — every new attempt means paying the full fee again — so it pays to measure yourself before you book. Work through the 80 practice questions on Getcertkey, sit a timed practice test, and schedule your exam only when your scores are consistently comfortable. That simple habit is the cheapest exam strategy there is.

            Are there any prerequisites for the 1z0-333 exam?

            No mandatory prerequisites; recommended hands-on experience with Oracle Financials Cloud Requirements can change when Oracle revises its certification program, so confirm the current eligibility rules on the official exam page before you register.

            How do I register for the 1z0-333 exam?

            You can book the Oracle Financials Cloud: General Ledger 2016 Implementation Essentials exam through the official registration channels below:

            As for delivery, the exam is offered in the following format: Online proctored or onsite at Pearson VUE test centers. Choose the option that suits you best when you book your seat.

            What official training is recommended for the 1z0-333 exam?

            Oracle recommends the following training resources for the Oracle Financials Cloud: General Ledger 2016 Implementation Essentials exam:

            Official courses build the foundation; the 80 practice questions from Getcertkey then show you how that knowledge is examined, so the two work best together.

            Can I try the 1z0-333 practice questions before I buy?

            Yes. Getcertkey provides a free 1z0-333 PDF demo so you can review the question style and answer quality before purchasing. Every purchase also includes 365 days of free updates — if Oracle revises the exam during that period, the updated material reaches you at no cost. Once the free-update year ends, you can extend your update service at a 50% discount.

            What if I fail the 1z0-333 exam, and how is my order delivered?

            Every Oracle Financials Cloud: General Ledger 2016 Implementation Essentials purchase on Getcertkey is covered by a 100% money-back guarantee with clear conditions: if you take the corresponding exam within 60 days of your purchase and do not pass, you can claim a full refund by submitting a scanned copy of your exam enrollment slip and your official score report as a PDF within two days of the exam date; claims are processed within seven days of submission. The guarantee does not apply to exams taken within three days of purchase, to material that was downloaded but never used in an exam attempt, or to free products and expired orders, and the candidate name must match the payer name. If you would rather not take a refund, you can instead exchange your purchase for two free exam preparation products of equal value and keep the update service on your original product.

            Delivery is instant: your download is sent to your email within one minute of payment, with no limit on how many computers you may install the material on. If nothing arrives within two hours, check your spam folder and contact customer service for help.

            What topics are covered in the 1z0-333 exam?

            The Oracle Financials Cloud: General Ledger 2016 Implementation Essentials exam blueprint is organized into 7 domains. The first three are:

            • Period Close and Consolidation — 15% of the exam
            • Journal Processing — 15% of the exam
            • Intercompany Accounting — 10% of the exam

            For the complete domain-by-domain breakdown, scroll up to the full exam topics outline above and use it to plan how you distribute your study time.

            Oracle Financials Cloud: General Ledger 2016 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 best practice when implementing; a new chart of accounts? How many segments and what segment qualifiers should be used?

            A. 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.
            B. Define three segments for the company, department, and natural account. The qualifiers shouldbe primary balancing segment, cost center segment, and natural account 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 four segments for the company, department, natur.il account, and intercompany segment. The qualifiers should be primary balancing segment, cost center segment, natural account segment, and intercompany segment, respectively.


            Question #2
            Identify three functions of Functional Setup Manager.

            A. Assign setup tasks to individuals with due dates where users must manually update their completion status.
            B. Provide a central place to access and perform all of the setup steps across Fusion application product
            C. Centrally manage the close processes across subledgers and ledgers.
            D. Automatically mark the status of tasks as Completed after they have been completed.
            E. Automatically generate lists of setup tasks in the correct sequence with dependencies highlighted.


            Question #3
            You lust submitted the Accounting Configuration. Which two statements are correct?

            A. Verify the data roles created and assign them to the General Ledger users.
            B. You must define a Data Access Set to obtain full read/write access to the ledgers in the Accounting Configuration.
            C. A Data Access Set with full read/write access to the ledger is automatically created.
            D. Open the ledger's period to begin entering transactions.


            Question #4
            You are defining an income statement report. You want to allow viewers of the report to be able to drill down from report balances to the underlying transactions. What do you need to enable?

            A. Allow Expansion
            B. Report Functions
            C. Nothing. All report balances are drillable in all FR Studio reports.
            D. Drill Through in Grid Properties


            Question #5
            You want to define a tree or hierarchy for use in reports and allocations.
            What three aspects should you remember when creating the tree?

            A. You only need to flatten the columns if you plan to use the hierarchy in Oracle Transactional Business Intelligence (OTBI).
            B. It is fine to have the same child value roll up to two or more different parent values.
            C. The tree should have at least two tree versions to reduce report and allocation maintenance.
            D. You must flatten the columns and publish the tree to view the hierarchy in Essbase cubes.
            E. You need to flatten the rows to be able to use drilldown in Smart View and you must publishtree to view the hierarchy in Essbase cubes.


            Solutions:

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

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