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Vendor Oracle
Exam Code 1Z0-960
Full Exam Name Oracle Financials Cloud: General Ledger 2017 Implementation Essentials
Certification Name Oracle Cloud
Technology Business Financials Management

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1Z0-960 exam questions, 1Z0-960 PDF dumps; 1Z0-960 exam dumps: 1Z0-960 Dumps (134 Q&A) (New Questions Are 100% Available! Also Free Practice Test Software!)

Latest and Most Accurate Oracle 1Z0-960 Practice Test Software:

Version: 9.1

Question: 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


Which two statements are correct? (Choose two.)

  1. You must define rules for every combination of specific categories and sources. Otherwise, the

intercompany balancing will not work.

  1. You can create a rule for all sources and categories by selecting the source “Other” and the

category “Other.”

  1. If you choose to have rules at various levels, then intercompany balancing evaluates the rules in

this order: Ledger, Legal Entity, chart of accounts, and primary balancing segment value.

  1. Set up a chart of accounts rule for every chart of accounts structure you have in order to ensure

that Intercompany Balancing will always find a rule to use to generate balancing accounts.

Answer: A,C

Question: 2

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

incorrect. How do you correct the value?

  1. Delete the journal and create a new journal.
  2. Update the journal through workflow
  3. Click the Withdraw Approval button in the Edit Journals page and edit the journal.
  4. Reverse the journal and create a new one.

Answer: B

Question: 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?

  1. Transaction Objects
  2. Event Entities
  3. Mapping Sets
  4. Accounting attributes
  5. Event Classes

Answer: A

Question: 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?

  1. An Online Transactional Business Intelligence (OTBI) report to create ad hoc queries on

transactions and balances

  1. Account Analysis Reports
  2. Journals Reports
  3. Aging Reports

Answer: C

Question: 5

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

Which three components can be reused across allocation rules?

  1. Point of View (POV)
  2. Run Time Prompts (RTP)
  3. Formulas
  4. RuleSets

Answer: B,C,D

Question: 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 _____.

  1. Line Manager role to your user
  2. Application Implementation Manager role to your user
  3. IT Security Manager role to your user
  4. Superuser role to your user

Answer: A

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