Free Oracle 1Z0-1004 Exam Dumps Questions & Answers

After loading your budget data into General Ledger Cloud, you can view budget balances using these features.
Which feature does not belong on the list?

• A.  Smart View
• B.  Account Inspector
• C.  Application Development Framework Desktop Integration Budget Balances Report
• D.  Account Monitor

The Accounting Manager requests that a schedule be created to automatically post journals from subledgers at different times. Which journal attribute should you use to set the automatic posting criteria?

• A.  Journal Batch
• B.  Journal Source
• C.  Journal Category
• D.  Journal Description

Encumbrance accounting is enabled for your ledger. An encumbrance journal dated 3/15/16 was recorded for a purchase order.
The invoice was entered on 5/5/16, but the invoice accounting date was 4/20/16. The encumbrance journal for liquidating the purchase order encumbrance is dated 5/5/16.
What is causing this?

• A.  The prior related transaction accounting date was set up under the encumbrance accounting Default Date Rule
• B.  The actual accounting date was set up under the encumbrance accounting Default Date Rule
• C.  The current transaction accounting date was set up under the encumbrance accounting Default Date Rule
• D.  The system date was set up under the encumbrance accounting Default Date Rule
• E.  The subledger accounting option is set to system date

What are the two possible reasons for encumbrance created on the purchase order to go back to the budget or funds availability? (Choose two.)

• A.  The requisition reserved successfully undergoes amendment and is rejected in the reapproval
• B.  When the purchase order is set to accrue at receipt and partially received, then canceled or finally closed, encumbrance goes back to the extent of the unreceived amount
• C.  When the requisition is set to accrue at period end and partially billed and then canceled or finally closed, encumbrance goes back to the budget to the extent of the unbilled amount
• D.  The purchase order is canceled or finally closed or rejected without performing any receipt or invoice

You are setting up Close Monitor, which compromises a ledger set hierarchy definition.
Which two components of the enterprise structure should the ledgers in the ledger set share? (Choose two.)

• A.  Chart of Accounts
• B.  Legal Entities, Business Units, and Chart of Accounts
• C.  Chart of Accounts and Business Units
• D.  Chart of Accounts, Currency, Accounting Calendar, and Subledger Accounting Method
• E.  Accounting Calendar