Free Oracle 1Z0-1004 Exam Dumps Questions & Answers

In which two ways can your users customize the Springboards and Work Areas to suit their individual working styles? (Choose two.)

• A.They can use Personalization to move and remove regions from those pages
• B.They can have the System Administration customize pages for them using Page Composer
• C.Users have very little control their Springboards and Work Areas; they can only resize columns
• D.They can format each table by hiding and showing columns, moving columns, and resizing columns

You want to process multiple allocations at the same time. What feature do you use?

• A.General Ledger journal entries
• B.Formulas
• C.RuleSets
• D.Point of View (POV)

Before implementing Financials Cloud, your customer used to manually reconcile their intercompany payables and receivables accounts. What is a more automated approach to do this?

• A.Run the Intercompany Reconciliation report, which shows pairs of intercompany receivables and payables accounts that are out of balance
• B.Create a query using Oracle Transactional Business Intelligence (OTBI) that will match the intercompany payables and receivables balances
• C.In Financials Cloud, you must manually reconcile your intercompany account balances
• D.Run the BI Publisher reports called Intercompany Transaction Summary and Account Details to automatically reconcile intercompany balances
• E.Use Oracle Hyperion Close Manager to automatically reconcile intercompany account balances

Your customer uses Financials Cloud, Projects, Inventory and Procurement.
Which two statements are true regarding intercompany accounting for these products? (Choose two.)

• A.Intercompany Balancing Rules are defined centrally and applied across Financials and Project Portfolio Management
• B.Each product has its own Intercompany Accounting feature that needs to be set up separately
• C.They need to license a separate stand-alone Intercompany product that acts as the Intercompany Accounting Hub
• D.Within Financials Cloud, Intercompany Balancing Rules are used to balance both cross-ledger intercompany transactions and single-ledger Intercompany journals

Budgetary control for accounts 5020 and 5021 has a budget of $90,000USD each for the year 2012. The accounts also have balances on obligation of $10,000 USD for each and an expenditure of $20,000 USD for each. A Fund of $50,000 USD is available for account 5010 only. You have run the Encumbrance Year End Carry Forward process for obligation from the last period of the year 2012 to the first period of year 2013.
Which statement is true?

• A.If you have included 5020 and 5021 in the encumbrance rule, then only the obligation of $10,000 USD will be carried forward
• B.The Encumbrance Year End Carry Forward process will run for all the accounts to carry forward the general ledger balances
• C.If you have included 5020 and 5021 in the encumbrance rule, the budget balances $90,000 USD, obligation $10,000 USD and expenditure $20,000 USD only will be carried forward.
• D.If you have included 5020 and 5021 in the encumbrance rule, then budget balances $90,000 USD, obligation $10,000 USD, and expenditure $20,000 USD, and the funds available $50,000 USD will be carried forward
• E.If you have included 5020 and 5021 in the encumbrance rule, then obligation $10,000 USD and expenditure $20,000 USD only will be carried forward.