1z0-960 by Oracle Actual Free Exam Q&As

Question 1

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

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

Discussion 0

Correct Answer: A,B,E Vote an answer

Question 2

The expense account of airfare was erroneously assigned to the account type "Liability." Which method should you choose to fix the problem?

A. Run the "Segment Value Inheritance" program. B. Deactivate the value. C. Run the "Correct Misclassified Account" program. D. Run the "Update Balance Cube Chart of the Accounting Dimension" program.

Discussion 0

Correct Answer: C Vote an answer

Question 3

Journal Description Rules are assigned to Subledger Journal Entry Rule Sets.
What are the other two subcomponents of a Subledger Journal Entry Rule Set? (Choose two.)

A. Accounting Date B. Chart of Accounts C. Journal Line Rules D. Account Rules E. Supporting References

Discussion 0

Correct Answer: C,D Vote an answer

Question 4

Your customer has only licensed Fusion Financials and wants to use approval workflows.
Using which page to enter users and assign roles does Oracle consider best practice?

A. Financials not a stand-alone product B. Oracle Identity Management (OIM) C. Manage Users D. Policy Manager (APM) E. Hire a New Ernployee

Discussion 0

Correct Answer: B Vote an answer

Question 5

Which two statements are true regarding the export/import of reports?

A. A set of reports lists user names, suppliers, and customers that have been exported/imported. B. A set of reports are provided for both exported and imported setup data to validate the export/import processes and setup data. C. Reports on setup data can be used to compare and analyze how the data might have changed over time. D. The export/import reports are available only for Fusion Customer Relationship Management. E. To view errors encountered during the export or import Process, you must use SQL queries to obtain that data because no reports exist.

Discussion 0

Correct Answer: D,E Vote an answer

Question 6

What's the difference between subject areas that append the word "Real Time" and those that do not?

A. There is no difference. B. The "Real Time" subject areas are based on real-time transactions and all others are based on Historical data. C. The "Real Time" subject areas are based on real-time transactions in Fusion Applications, and all others are based on data stored in the Oracle Business Intelligence Applications data warehouse. D. The "Real time" subject areas are based on sub ledger transactions and all others are based on general ledger balances.

Discussion 0

Correct Answer: B Vote an answer

Question 7

You want to be notified of anomalies in certain account balances in real time. What is the most efficient way to do this?

A. Use Account Inspector. B. Open a Smart View file saved on your desktop. C. Perform an account analysis online. D. Create an Account Group using Account Monitor.

Discussion 0

Correct Answer: C Vote an answer

Question 8

The budget managers specify the budget accounts they want to monitor and decide on percentage threshold of funds availability.
Where must you define the details while analyzing budget balances in the Budget Account Monitor page?

A. Application Development Framework Desktop Integral ion (ADFdi) B. Budget Group C. Budget Account Group D. Budget Controller E. Account Group

Discussion 0

Correct Answer: E Vote an answer

Oracle Financials Cloud: General Ledger 2017 Implementation Essentials - 1z0-960 Exam Practice Test