Free Oracle 1z0-333 Exam Dumps Questions & Answers

You lust submitted the Accounting Configuration. Which two statements are correct?

• A.  You must define a Data Access Set to obtain full read/write access to the ledgers in the Accounting Configuration.
• B.  Verify the data roles created and assign them to the General Ledger users.
• C.  Open the ledger's period to begin entering transactions.
• D.  A Data Access Set with full read/write access to the ledger is automatically created.

You are reconciling your subledger balances and you need a report that includes beginning and ending account balances and all transactions that constitute the account's activities.
What type of report will provide this type of information?

• A.  Aging Reports
• B.  An Online Transactional Business Intelligence (OTBI) report to create ad hoc queries on transactions and balances
• C.  Account Analysis Reports
• D.  Journals Reports

You want to automatically post journal batches imported from subledger source to prevent accidental edits of deletions of the subledger sources journals, which could cause an out of-balance situation between your sub ledgers and general ledger.
Which two aspects should you consider when defining your AutoPost Criteria?

• A.  Use the All option for category and accounting period to reduce maintenance and ensure that all imported journals are included in the posting process.
• B.  Schedule your AutoPost Criteria set to run during off-peak hours only
• C.  Include all of your sub ledger sources in the AutoPost Criteria. Divide up criteria sets by subledger source only if you need to schedule different posting times.
• D.  Create your AutoPost criteria using minimal source and categories.

You are defining an income statement report. You want to allow viewers of the report to be able to drill down from report balances to the underlying transactions. What do you need to enable?

• A.  Report Functions
• B.  Allow Expansion
• C.  Nothing. All report balances are drillable in all FR Studio reports.
• D.  Drill Through in Grid Properties

Your customer wants to use a clearing company to automatically balance Intercompany entries. Which three statements are true regarding the use of a clearing company value?

• A.  Clearing companies are not supported.
• B.  If you do not map legal entities to balancing segment values, then a clearing company can be applied to any journal within the ledger.
• C.  You must map legal entities to balancing segment values in order to use a clearing company.
• D.  If you choose to use a clearing company, you can define a default clearing company value or select the clearing company value directly in the general ledger journal.
• E.  If you map legal entities to balancing segment values, then a clearing company can only be applied within a legal entity.