Oracle 1z0-333 Actual Free Exam Questions & Community Discussion

Exam Code/Number: 1z0-333
Exam Name/Title: Oracle Financials Cloud: General Ledger 2016 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: OPN Certified Specialist

Exam Questions: 80
Updated On: Jul 15, 2026

Question #33

Which statement is true when creating an Implementation Project for Financials Cloud?

A. Plan your implementation project carefully because you cannot delete it or make changes later.

B. The Implementation Project is preconfigured and cannot be deleted or changed.

C. You must select the Offering "Financials," and each individual product or option to perform the setup for each product in Financials Cloud.

D. Selecting the Offering "Financials," automatically allows you to perform the setup for all Financials Cloud products.

E. You only need to make the project name unique, then you can perform the setup for any product family, such as Financials, Procurement, Human Capital Management and Supply Cham Management.

Discussion 0

Correct Answer: C Vote an answer

Question #34

Identify three functions of Functional Setup Manager.

A. Centrally manage the close processes across subledgers and ledgers.

B. Assign setup tasks to individuals with due dates where users must manually update their completion status.

C. Automatically mark the status of tasks as Completed after they have been completed.

D. Provide a central place to access and perform all of the setup steps across Fusion application product

E. Automatically generate lists of setup tasks in the correct sequence with dependencies highlighted.

Discussion 0

Correct Answer: A,D,E Vote an answer

Question #35

Your user forgot the password. How do you resolve this?

A. Create a new user ID and password for the user.

B. Log in to the user's machine as an Administrator and change the password from the login pa

C. Use Oracle Identity Management (OIM) to reset the user's password.

D. Use the Manage Users page to update the user's information and change the password.

E. Use Access Policy Manager (APM) to reset the user's password.

Discussion 0

Correct Answer: C Vote an answer

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Question #36

Which two delivered roles can access the full functionality of Functional Setup Manager,

A. Application Implementation Manager

B. Functional Setup Manager Superuser

C. Application Implementation Consultant

D. IT Security Manager

E. Any functional user

Discussion 0

Correct Answer: A,C Vote an answer

Question #37

Your customer has only licensed Fusion Financials and wants to use approval workflows.
Using which page to enter users and assign roles does Oracle consider best practice?

A. Manage Users

B. Oracle Identity Management (OIM)

C. Policy Manager (APM)

D. Financials not a stand-alone product

E. Hire a New Ernployee

Discussion 0

Correct Answer: B Vote an answer

Question #38

You need to define a chart of accounts that includes an intercompany segment. Your customer plans to use segment value security rules for the Company segment.
What does Oracle consider as best practice to define this chart or accounts?

A. Share the same value set for the company and intercompany segments to reduce chart of accounts maintenance.

B. Define the company segment only and qualify it as both the primary balancing segment andintercompany segment.

C. Use two different value sets for the company and intercompany segment because segment value security rules are at the value set level.

D. Define two different charts of accounts.

Discussion 0

Correct Answer: B Vote an answer

Question #39

Which two statements are true regarding how Intercompany Balancing Rule, are defied?

A. You can only define balancing rules for different journals' sources. You cannot define balancing rules for different journal categories.

B. All ledgers engaged in an intercompany transaction must share the same chart: of accounts in order to define balancing rules

C. You can define different rules for different charts of accounts, ledgers, legal entities, and primary balancing segment value.

D. You can define different balancing rules for different combinations of journal sources, journal categories, and transaction types

Discussion 0

Correct Answer: B Vote an answer

Question #40

How can your Accounting Manager expedite Journal processing during the time critical month end close?

A. by creating an ad hoc query on journals using Oracle Transactional Business Intelligence (OTBI)

B. by using the Close Status monitor to drill down on the close status across ledgers

C. by running the Journals report using Business Intelligence Publisher

D. by using the Journals region to view journals Requiring Attention, Requiring Approval, and Pending Approval from Others

Discussion 0

Correct Answer: C Vote an answer

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