Free Oracle 1z0-960 Exam Dumps Questions & Answers

You need to create a month-end reporting package for an upcoming Audit Committee meeting. You have 10 financial reports that you will need to share with executives and auditors.
In which three ways do you accomplish this? (Choose three.)

• A.Using Workspace, assemble multiple reports into a book.
• B.Users can drill down on snapshot reports for future analysis.
• C.The report contained in the book can be printed or viewed individually or as an entire book that includes a table of contents.
• D.Use a Report Batch to run reports at a specific time to create set of snapshot reports based on accounting information at that specific point in time.
• E.Snapshot reports can only be viewed online.

You are implementing Fusion Accounting Hub for your external Accounts Receivables system. The external system sends invoices billed and cash receipts in a flat file, along with the customer classification information.
You want the accounting amounts to be tracked by customers too but you do not want to add a Customer segment to your chart of accounts.
What is the solution?

• A.Use the Open Account Balances Listing report that has balances by customer.
• B.Use Supporting References to capture customer classification information.
• C.Capture customer information as the source and develop a custom report using Online Transactional Business Intelligence (OTBI).
• D.Use the Third Party Control Account feature.

Which tool can you use to create a Financial Income Statement?

• A.One View Reporting
• B.PS/nVision
• C.Rapid Implementation Enterprise Structures setup
• D.Account Inspector

You create a prepayment for USD 100 and validate it to consume the budget and reduce available funds under the prepayment account. You then pay the prepayment of USD 100 create an invoice for USD 300, and validate the* invoice to consume the budget and reduce available funds for the expense-accounts used in the invoice. You then apply the prepayment fully on to the invoice and revalidate it.
What happens to the available funds when you apply a prepayment that requires budgetary control?

• A.The prepayment application releases funds of 300 USD and the invoice consumes funds of 300 USD, with a net decrease to available funds of 100 USD.
• B.The budget will be released only for the USD 300 invoice amount.
• C.The prepayment application releases funds of 100 USD and the invoice consumes funds of 300 USD, with a net decrease to available funds of 200 USD.
• D.Available funds will not change till invoice is approved.
• E.The prepayment application releases funds of 200 USD and the invoice consumes funds of 100 USD, with a net decrease to available funds of 200 USD.
• F.The prepayment application was already released at the time of payment and the invoice consumes funds of 300 USD.

You need to define multiple allocation rules as efficiently as possible.
Which three components can be reused across allocation rules?

• A.Point of View (POV)
• B.Formulas
• C.Run Time Prompts (RTP)
• D.RuleSets