Online Access Free 1z1-960 Practice Test

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 is Oracle's recommended method to define this chart or accounts?

• A.Define two different charts of accounts.
• 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.Share the same value set for the company and intercompany segments to reduce chart of accounts maintenance.

Which three objectives must be considered when designing the chart of accounts? (Choose three.)

• A.Try to use all 30 segments and 25 characters per segment because you cannot change it later.
• B.Anticipate growth and maintenance needs as organizational changes occur.
• C.Limit the number of segments to those you need today to reduce data entry.
• D.Effectively manage an organization's financial business.
• E.Consider implementing a single, global chart of accounts

How do you hide accounts with no balances showing #Missing in Smart view?

• A.This indicates a database connection issue. Try to reconnect to Fusion Applications.
• B.Select the Data/Missing check box in the Data Options tab.
• C.Choose the Suppress Zeros option under Data options.
• D.Use Excel functions to hide rows with #Missing assigned

You want to display OTBI reports and graphs in PowerPoint to show general ledger or subledger data.
How do you accomplish this?

• A.Download OTBI reports and charts to a spreadsheet and then copy and paste the spreadsheet to PowerPoint
• B.Use Smart View and Oracle BI EE View Designer to create reports in PowerPoint, Word, and Excel.
• C.Use SmartView to create reports and charts using general ledger and subledger subject areas embed the charts/reports into PowerPoint
• D.Use Account Inspector and then export to Excel and copy and paste into PowerPoint.

You have enabled budgetary control and have a control budget set to Advisory control level. For September
2016, your budget for a given account combination is $5,000 USD. In the same month, there is an approved requisition for that account of $900 and an approved purchase order for that account of $2,500 USD. There is also a General Ledger adjustment journal entry for that account of $1,600 USD. An approved purchase order line of $400 USD is then cancelled. And an invoice is matched to the purchase order for $2,100 USD.
Which two statements are true? (Choose two.)

• A.Purchase order encumbrance will be released for $2,100 USD.
• B.No change
• C.The system always consumes budget of future periods if the limit for the current period is expired, so October 2016 budget will be considered for reservation.
• D.As there are cancellations for $400 USD, the system will partially reserve the funds in September 2016 and fully reserve it in October 2016.
• E.Funds reservation only happens for non-matched invoices, so the system will not reserve funds.