Oracle 1Z0-960 Exam Preparation Questions For Best Result – Updated 2017

Oracle Financials Cloud: General Ledger 2017 Certified Implementation Specialist certification as a profession has an incredible evolution over the last few years. Oracle 1Z0-960 Oracle Financials Cloud: General Ledger 2017 Implementation Essentials exam is the forerunner in validating credentials against. Here are updated Oracle 1Z0-960 exam questions, which will help you to test the quality features of DumpsSchool exam preparation material completely free. You can purchase the full product once you are satisfied with the product.

Version: 6.0
Question: 1

After loading your budget data into Fusion General Ledger, you can view budget balances using these feature.
Which feature does not belong on the list?

A. Application Development Framework Desktop Integration(ADFdi)
B. Account Inspector
C. Account Monitor
D. Smart View

Answer: B

Question: 2

You need to build a complex account rule. Which four value types can you use in your definition?

A. Value Set
B. Constant
C. Existing Account Rule
D. Account Combination
E. Mapping Set
F. Source

Answer: A, B, C, F

Question: 3

Your customer has enabled budgetary and encumbrance controls at the requisition level. You have a purchase order for $1,000 USD, which is fully reserved and has one invoice for $600 USD. When the purchase order is matched through the final match process, the purchase order is closed for further invoicing.
What happens to the remaining $400 USD?

A. Invoice type will have less funds available by $400 USD.
B. Manual encumbrance journal needs to be entered In General Ledger to release the budget amount of $400 USD.
C. Only obligation type will have $400 USD funds available.
D. $400 USD will be added back to available funds
E. $400USD will be expired and not available for use.

Answer: A

Question: 4

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

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

Answer: B

Reference:
http://docs.oracle.com/cd/E21764_01/doc.1111/e15477/pwd.htm#IMINT236

Question: 5

Identify three differences between Oracle Transactional Business Intelligence (OTBI) and Oracle Business Intelligence Applications (OBIA).

A. OBIA is based on the universal data warehouse design with different prebuilt adapters that canconnect to various source application
B. Both OBIA and OTBI provide a set of predefined reports and dashboards and a library of metrics that help to measure business performance
C. OBIA works for multiple sources including E-Business Suite, PeopleSoft, JD Edwards, SAP, andFusion Applications.
D. OTBI allows you to create custom reports from real-time transactional data against thedatabase directly
E. Cloud customers can use both OTBI and OBIA.

Answer: B,C,D

Question: 6

Your customer is using budgetary control and encumbrance. You have an open purchase order for $500 USD, which you decide to match to an invoice for $300 USD.
What will be the fund status of the purchase order and invoice?

A. The purchase order is Partially Liquidated and the invoice is Partially Reserved.
B. The purchase order is Partially Liquidated and the invoice will be reserved.
C. Both are reserved.
D. The purchase order is liquidated and the invoice is Partially Reserved. E. Both are Partially Reserved.
F. The purchase order is Open and the invoice is validated.

Answer: C

Question: 7

Which two delivered roles can access the full functionality of Functional Setup Manager,

A. Application Implementation Manager
B. Functional Setup Manager Superuser
C. Application Implementation Consultant
D. Any functional user
E. IT Security Manager

Answer: A,C

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