1Z0-960 Free Questions – Oracle Financials Cloud: General Ledger 2017 Implementation Essentials

Exam 1Z0-960 based on Oracle Financials Cloud: General Ledger 2017 Implementation Essentials certification is mandatory to pass if you are looking a career into cloud solutions from Oracle. If you want to get success in the first attempts.I highly recommend Passquestion actual Oracle 1Z0-960 exam questions. That is relevant to Oracle actual exam. After using Passquestion 1Z0-960 free questions you will accept that it take you a step closer to the Oracle 1Z0-960 success.

1Z0-960 Free Questions – Oracle Financials Cloud: General Ledger 2017 Implementation Essentials

1. You are defining intercompany balancing rules that are applied to a specific source and category, such as payables and invoices, or a specific intercompany transaction type, such as Intercompany Sales.

Which two statements are correct? (Choose two.)


2. Alter submitting the journal for approval, you realize that the department value in the journal incorrect.

How do you correct the value?


3. What are the tables or views from which the Create Accounting program takes source data that is used in rules to create journal entries?


4. You are reconciling your subledger balances and you need a report that includes beginning and ending

account balances and all transactions that constitute the account’s activities.

What type of report will provide this type of information?


5. You need to define multiple allocation rules as efficiently as possible.

Which three components can be reused across allocation rules?


6. 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 _____.


7. Your customer has enabled encumbrance accounting. You have a control budget with the advisory level set at control. For November 2015, your budget for a given combination is $5,000 USD. You have an approved requisition of $900 USD and you have an approved purchase order of $2,500 USD. An adjustment encumbrance journal is created in the General Ledger for the obligation type for $1,600 USD. You then cancelled the approved PO line of $400 USD. For November 2015, you created a new invoice by matching to the PO for $2,100 USD.

Which two statements are true?


8. You create a prepayment for USD 100 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?


9. What is the most efficient way to add a new year to the accounting calendar?


10. Your customer wants to have balance sheets and income statements for their cost center and program segments. That is, the customer wants to have three balancing segments.

Which two recommendations would you give your customer?


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