1Z0-960 Practice Exam Questions Demo
1Z0-960 - Oracle Financials Cloud:
General Ledger 2017 Implementation
Essentials
https://www.Pass-Guaranteed.com
100% Pass-Guaranteed or Your Money Back!!!
1Z0-960 Practice Exam Questions Demo
Oracle 1Z0-960 Practice Test Questions prepare you for your Certification. Using Pass-
Guaranteed.com to prepare for your 1Z0-960 exam is the best choice you can ever make in
preparing for your 1Z0-960 Exam.
Do Not be Fooled by Other Websites that claim they can guarantee you a Pass On Your 1Z0-960
Exam. We have many expert certified staff that have put together our 1Z0-960 practice exam that
will help you in achieving a pass on your 1Z0-960 exam.
The 1Z0-960 Practice Test Includes:
100% Money Back Guarantee on the Oracle 1Z0-960 Practice Test
Free Updates For 1 Year
All 1Z0-960 Practice Exam Questions Objectives Needed to Pass Your 1Z0-960 Exam
2 Formats – 1Z0-960 PDF and Testing Engine Format
Most Updated 1Z0-960 Questions and Answers with Complete Diagrams
Pass the 1Z0-960 exam using Pass-Guaranteed.com free demo. We have expert senior certified
staff that will ensure that our Oracle 1Z0-960 Free Demo Test Questions are Guaranteed in your
passing of the 1Z0-960 exam.
Compare our 1Z0-960 demo with other certification vendors and you will see that with Pass-
Guaranteeds 1Z0-960 Practice Questions and Answers it will be all you will need in successfully
passing your 1Z0-960 exam on your First Try!
You have nothing to lose, give the 1Z0-960 PDF Demo here a try and see how you do.
100% Pass-Guaranteed or Your Money Back!!!
1Z0-960 Practice Exam Questions Demo
QUESTION: 1
You must submitted the Accounting Configuration.
Which statement is correct?
A. You must define a Data Access Set to obtain full read/write access to the ledgers in the
Accounting Configuration.
B. A Data Access Set with full read/write access to the ledger is automatically created.
C. Open the ledger's period to begin entering transactions.
D. Verify the data roles created and assign them to the General Ledger users.
Answer: C
QUESTION: 2
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. The data is not transferred.
B. Data is summarized across segments that are not mapped to Hyperion Financial Management
C. Errors occur for unmapped segments. You must map multiple segments from source general
ledgers to the target segment in Hyperion Financial Management.
D. The unmapped segments default to future use segments in Hyperion Financial Management
Answer: C
QUESTION: 3
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?
100% Pass-Guaranteed or Your Money Back!!!
1Z0-960 Practice Exam Questions Demo
A. Share the same value set for the company and intercompany segments to reduce chart of
accounts maintenance.
B. Use two different value sets for the company and intercompany segment because segment
value security rules are at the value set level.
C. Define the company segment only and qualify it as both the primary balancing segment and
intercompany segment.
D. Define two different charts of accounts.
Answer: C
QUESTION: 4
The Accounting Manager requests that a schedule be created to automatically post journals from
subledgers at different times.
Which journal attribute should you use to set the automatic posting criteria?
A. Journal Category
B. Journal Source
C. Journal Batch
D. Journal Description
Answer: C
QUESTION: 5
When working with Essbase, versions of the tree hierarchy as defined in the Fusion not available
in the Essbase balances cube.
What should you do to correct this situation?
A. Make sure the tree version was published successfully.
B. Make sure to flatten the rows of the tree version.
C. Make sure the tree is active.
D. Redeploy the chart of accounts.
Answer: D
100% Pass-Guaranteed or Your Money Back!!!
1Z0-960 Practice Exam Questions Demo
QUESTION: 6
You need to define multiple allocation rules as efficiently as possible.
Which three components can be reused across allocation rules? (Select three.)
A. Point of View (POV)
B. Run Time Prompts (RTP)
C. Formulas
D. RuleSets
Answer: B, C, D
QUESTION: 7
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. Line Manager role to your user
B. Application Implementation Manager role to your user
C. IT Security Manager role to your user
D. Superuser role to your user
Answer: A
QUESTION: 8
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.
100% Pass-Guaranteed or Your Money Back!!!
1Z0-960 Practice Exam Questions Demo
What happens to the available funds when you apply a prepayment that requires budgetary
control?
A. The prepayment application was already released at the time of payment and the invoice
consumes funds of 300 USD.
B. The prepayment application releases funds of 200 USD and the invoice consumes funds of
100 USD, with a net decrease to available funds of 200 USD.
C. Available funds will not change till invoice is approved.
D. The prepayment application releases funds of l00 USD and the invoice consumes funds of
300 USD, with a net decrease to available funds of 200 USD.
E. 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.
F. The budget will be released only for the USD 300 invoice amount.
Answer: F
QUESTION: 9
What is the most efficient way to add a new year to the accounting calendar?
A. Add the periods manually
B. Use the Add Year button
C. Import the periods from a spreadsheet
D. The application automatically populates the next year when you open the first period a new
fiscal year.
Answer: D
QUESTION: 10
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 201b, you created a new invoice by matching to the PO for $2,100 USD.
Which two statements are true? (Select two.)
100% Pass-Guaranteed or Your Money Back!!!
1Z0-960 Practice Exam Questions Demo
A. Purchase order encumbrance will be released for $2100 USD.
B. As there are cancellations for $400 USD, the system will partially reserve the funds in
November 2015 and fully reserve it in December 2015.
C. As you are matching to a purchase order, the system will allow the user to create an invoice
with the reservation status of Reserved.
D. Encumbrance entries are created only for nonmatched Invoices, so the system will not create
any encumbrance accounting entries.
E. The system always consumes budget of future periods if the limit for the current period is
expired, so December 2015 budget will be considered for reservation.
Answer: C, E
100% Pass-Guaranteed or Your Money Back!!!
