Online Access Free 1z1-333 Practice Test

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.
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 lOO USD and the invoice consumes funds of 300 USD, with a net decrease to available funds of 200 US
• C.Available funds will not change till invoice is approved.
• D.The budget will be released only foi the USD 30O invoice amount.
• E.The prepayment application releases funds of 200 USD ^nd the invoice consumes funds of lOO USD, with a net decrease to available funds of 200 USD.
• F.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.

Your customer has many eliminating entries to eliminate intercompany balances. The General Ledge does not include a purpose-built Consolidation feature.
How would you automate the process of creating eliminating entries, assuming your customer is not using Oracle Hyperion Financial Close Management?

• A.There is no way to automate this process if the customer is not using Oracle Hyperion Financial Close Management.
• B.Use the spreadsheet template that is accessed from the "Create Journal in Spreadsheet" task and import the spreadsheet with the eliminating entries every period.
• C.Create a manual journal that includes the eliminating entries, and then create a copy of the Journal batch every period.
• D.Use the General Ledger's Calculation Manager to define an allocation definition to eliminate entries that you can generate every period.

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

• A.Use Access Policy Manager (APM) to reset the user's password.
• B.Use Oracle Identity Management (OIM) to reset the user's password.
• C.Use the Manage Users page to update the user's information and change the password.
• D.Create a new user ID and password for the user.
• E.Log in to the user's machine as an Administrator and change the password from the login pa

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

• A.All ledgers engaged in an intercompany transaction must share the same chart: of accounts in order to define balancing rules
• B.You can only define balancing rules for different journals' sources. You cannot define balancing rules for different journal categories.
• 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

You need to distribute departmental expense reports to l00 department managers in your organization. The report format is the same, but the department values differ.
What in the most efficient way to achieve this?

• A.Set the Department segment as a User Point of View (POV) and submit a report batch and schedule it: to run for every department. Send the different batch outputs as PDF attachments via email to different users.
• B.Create a single report for all departments. When department managers log in to Financial Reporting Center, they will only be able to view their department's data based on Segment Value Security Rules.
• C.When defining the report, make the Department Segment a prompt and when users view the report, they can change the prompt to their department.
• D.Set up Bursting Options for your batch to prepare multiple versions of a report from a single process.