Free Oracle 1z1-333 Exam Dumps Questions & Answers

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

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

What type of user must be defined before you can create an Implementation Project?

• A.All roles that will be used throughout the implementation
• B.A full-time employee that has the FSM Superuser role assigned
• C.None. The Fusion Applications Superuser, FAADMIN, has full access to create an Implementation Project.
• D.Implementation Users
• E.None. The OIM system administrator user ID, XELSYSADM, which is assigned by the person provisioning the system, has full access.

You are defining intercompany balancing rules that are applied to a specific source and category, such as payables and invoices, or a specific intercompany transaction type, such as Intercompany Sales.
Which two statements are correct?

• A.You must define rules for every combination of specific categories and sources. Otherwise, theintercompany balancing will not work.
• B.You can create a rule for all sources and categories by selecting the source "Other" and the category "Other."
• C.Set up a chart of accounts rule for every chart of accounts structure you have in order to ensurethat Intercompany Balancing will always find a rule to use to generate balancing accounts.
• D.If you choose to have rules at various levels, then intercompany balancing evaluates the rules in this order: Ledger, Legal Entity, chart of accounts, and primary balancing segment value.

You are implementing Financials Cloud and are using spreadsheets to load Legal Entities, Business Units, and Account Hierarchies.
Which three setup objects can be loaded via a spreadsheet from Functional Setup Manager?

• A.Banks, Bank Accounts, and Branches
• B.Suppliers and Customers
• C.complete Accounting Configuration
• D.setup data for Receivables and Payables product.
• E.chart of account values, accounting calendar, and ledger

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