Free Oracle 1z1-987 Exam Dumps Questions & Answers

In which two scenarios would you define account rules based on value sets?

• A.  When a secondary ledger has a different COA
• B.  When there is a mapping set to convert the accounts
• C.  When a chart of accounts is assigned to the value set definition
• D.  If a segment shares the same value set across multiple chart of accounts
• E.  In the absence of a chart of accounts on the accounting method

A manager has decided to close the period by not allowing any new transactions, except for corrections and adjustments, which can happen any time before the period is closed permanently.
Which cost period status will allow the system to perform the transaction?

• A.  Permanently Closed
• B.  Closed
• C.  Never Opened
• D.  Close Pending
• E.  Open

If the Create Accounting process ends with errors or warnings, which three statements outline places you can go to get more detailed information about the specific errors and warnings?

• A.  Review errors in the Create Accounting Execution report.
• B.  Refer to the Accounting Event Diagnostic log.
  E Review errors in the Create Accounting Execution log.
• C.  Refer to the Accounting Event Diagnostic report.
• D.  Query the transaction from Review Cost Accounting Distributions to see the error message.

Which two outcomes can happen in create accounting when an account combination returned is end dated?

• A.  The preprocessor will pre-warn about this error.
• B.  An alternate account will be used if provided.
• C.  An error will always occur.
• D.  The original account is stored on the journal line.
• E.  Suspense accounts cannot be used.

You are verifying your distributions for your transactions. You Just ran the receipt accounting distribution process. However, your purchase order receipt is not showing up.
What do you need to do for your receipt to show up?

• A.  Run the Transactions from Procurement to Costing process.
• B.  Run the Clear Receipt Accrual Balances process.
• C.  Run the Create Accounting process.
• D.  Run the Transactions from Receiving to Costing process.
• E.  Run the Transfer Costs from Payables to Cost Management process.