Free Oracle 1z1-960 Exam Dumps Questions & Answers

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

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

You defined a tree or hierarchy, but you are unable to set its status to Active.
What is the reason?

• A.  Chart of accounts was not deployed.
• B.  Two tree versions were not defined
• C.  An Audit process needs to be successfully performed before a tree version can be set to Active.
• D.  Accounting Configuration was not submitted.

Your customer has three legal entities, 50 departments, and 10,000 natural accounts. They use intercompany entries.
What is Oracle's recommended practice when implementing a new chart of accounts? How many segments and what segment qualifiers should be used?

• A.  Define five segments for the company, department, natural account, intercompany, and future use segment. The qualifiers should be primary balancing segment, cost center segment, natural account segment, intercompany segment, and no qualifier, respectively.
• B.  Define three segments tor the company, department, and natural account. The qualifiers for the first segment should be primary balancing segment and intercompany segment, cost center segment, and natural account segment, respectively.
• C.  Define three segments for the company, department, and natural account. The qualifiers should be primary balancing segment, cost center segment, and natural account segment, respectively
• D.  Define four segments for the company, department, natural account, and intercompany segment. The qualifiers should be primary balancing segment, cost center segment, natural account segment, and intercompany segment, respectively.

You operate in a country whose unstable currency makes it unsuitable for managing your day-to-day business.
As a consequence, you need to manage your business in a more stable currency while retaining the ability to report in the unstable local currency.
What would be your recommendation when defining ledgers?

• A.  Run Revaluation as often as you need to the more stable currency and report on the more stable currency's balances.
• B.  Define Balance-Level Reporting Currencies in the more stable currency and run Translation as often as you need.
• C.  Create a secondary ledger that uses a different chart of accounts that is denominated in the more stable currency.
• D.  Use Journal-Level or Subledger-Level Reporting Currencies denominated in the more stable currency.

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.  Share the same value set for the company and intercompany segments to reduce chart of accounts maintenance.
• B.  Define two different charts of accounts.
• C.  Define the company segment only and qualify it as both the primary balancing segment and intercompany segment.
• D.  Use two different value sets for the company and intercompany segment because segment value security rules are at the value set level.