File Info
| Exam | Oracle Financials Cloud: General Ledger 2017 Implementation Essentials |
| Number | 1z0-960 |
| File Name | Oracle.1z0-960.CertDumps.2018-06-20.60q.tqb |
| Size | 238 KB |
| Posted | Jun 20, 2018 |
| Download | Oracle.1z0-960.CertDumps.2018-06-20.60q.tqb |
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Demo Questions
Question 1
Your company wants to change the Cumulative Translation Adjustment (CTA) account to record gains/losses from varying currency rates.
What steps must you perform to achieve this objective without causing data corruption?
- Purge all translated balances, change the CTA account in the Ledger page, and rerun Translation for all periods required.
- Open the Ledgers page and update the CTA account and then rerun Translation for all periods required. The system will automatically update the translated balances.
- Query the Translation journals and delete all of them, then change the CTA account in the Ledger page, and rerun Translation for all periods required.
- Define a new ledger and accounting configuration. The CTA account cannot be updated after the ledger has been in use.
Correct answer: A
Explanation:
To avoid data corruption, your cumulative adjustment account (CTA) can only be changed if you first perform the following set of steps:Purge all translated balances Change the CTA account Rerun translation Reference: http://docs.oracle.com/cd/E15586_01/fusionapps.1111/e20375/F350915AN25358.htm To avoid data corruption, your cumulative adjustment account (CTA) can only be changed if you first perform the following set of steps:
- Purge all translated balances
- Change the CTA account
- Rerun translation
Reference: http://docs.oracle.com/cd/E15586_01/fusionapps.1111/e20375/F350915AN25358.htm
Question 2
Which two are prerequisites for creating subledger accounting entries?
- Completing accounting transformation definition and activating Subledger Journal Entry Rule Set assignments for the Accounting Method
- Populating supporting reference information in reference objects
- Selecting source values from transaction objects
- Creating subledger accounting events
- Completing preaccounting validation
Correct answer: BE
Question 3
Who are the three primary Functional Setup Manager users?
- End Users that perform transaction processing
- Implementation Project Managers and Consultants
- System Administrators
- Application Developers
- C-Level Executives
Correct answer: ABC
Explanation:
http://docs.oracle.com/cd/E29505_01/fusionapps.1111/e20365/F530303AN100AE.htm http://docs.oracle.com/cd/E29505_01/fusionapps.1111/e20365/F530303AN100AE.htm
