Free Oracle 1z0-960 Exam Dumps Questions & Answers

How do Cross Validation Rules (CVRs) handle existing violations in the Code Combinations Identification (CCID) table?

• A.  Nothing has changed. If you have an invalid account combination existing in the table, you must deactivate it to prevent further usage.
• B.  CVRs only test new account combinations being inserted into the table. They ignore any invalid account combinations already existing in the table.
• C.  CVRs are assigned to the end user role; therefore controlling what account code combination individuals can leverage in the General Ledger and the subledgers.
• D.  If CVR determines that an invalid combination exists in the CCID table, it will automatically disable that account code combination.

You want to prevent intercompany transactions from being entered during the last day of the close.
What should you do?

• A.  Freeze the Intercompany Journal source in General Ledger.
• B.  Close Intercompany periods in Fusion Intercompany.
• C.  Close the General Ledger period in the Manage Accounting Periods page.
• D.  Close all subledger periods.

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 Batch
• B.  Journal Source
• C.  Journal Category
• D.  Journal Description

Your customer wants to use a clearing company to automatically balance Intercompany entries. Which three statements are true regarding the use of a clearing company value? (Choose three.)

• A.  If you map legal entities to balancing segment values, then a clearing company can only be applied within a legal entity.
• B.  Clearing companies are not supported.
• C.  You must map legal entities to balancing segment values in order to use a clearing company.
• D.  If you do not map legal entities to balancing segment values, then a clearing company can be applied to any journal within the ledger.
• E.  If you choose to use a clearing company, you can define a default clearing company value or select the clearing company value directly in the general ledger journal.

When working with Essbase, versions of the tree hierarchy as defined in the General Ledger Cloud are not available in the Essbase balances cube.
What should you do to correct this situation?

• A.  Make sure the tree is active.
• B.  Make sure the tree version was published successfully.
• C.  Make sure to flatten the rows of the tree version
• D.  Redeploy the chart of accounts.