Free Oracle 1z0-961 Exam Dumps Questions & Answers

You need to submit a 1099 report; your State format has changed slightly since last year. How should you submit your 1099s for the State in the current year?

• A.  Manually enter the 1099s for the State and submit.
• B.  Edit the 1099 template to reflect the changes, and then run and submit the 1099 report.
• C.  Run and submit your 1099s because it will automatically reflect any changes.
• D.  Generate a 1096 form and submit it instead.

An installment for $1,000 USD is due for payment on January 10, 2016. The installment has two discounts:
the first discount date is December 5, 2015 for $150 USD and the second discount date is December 20, 2015 for $50 USD. The Pay Date Basis on the supplier site is Discount.
You submit a Payment Process Request with the following criteria:
- Payment Date = December 5, 2015
- Pay Through Date = December 25, 2015
- Date Basis = Pay Date
- Always Take Discount option is enabled
What will be the resulting status of the installment and discount?

• A.  The installment is not selected because the first discount date is before the Pay Through Date.
• B.  The installment is selected and a discount of $50 USD (the second discount) is applied.
• C.  The installment is selected but no discount is applied because the payment date is after the discount dates.
• D.  The installment is selected and a discount of $150 USD is applied because the Always Take Discount option was enabled.
• E.  The installment is selected and a discount of $200 USD ($150 + $50) is applied.

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

• A.  The "Real Time" subject areas are based on real-time transactions in the applications, and those that are not, are based on data stored in the Oracle Business Intelligence Applications data warehouse.
• B.  The "Real Time" subject areas are based on subledger transactions and the ones that are not are based on general ledger balances.
• C.  There is no difference.
• D.  The "Real Time" subject areas are based on real-time transactions and those that are not, are based on historical data.

You created a payment and before it is cashed by the supplier you mistakenly submitted a request to stop payment. Later you canceled the request to stop payment.
What is the resulting payment status?

• A.  Stop initiated
• B.  Voided
• C.  Cleared
• D.  Available
• E.  Canceled
• F.  Negotiable

The payment build program has completed but with errors.
When submitting the payment process request, which processing option is used to review the error messages from the Manage Payment Process Request Inquiry?

• A.  Set the validation failure handling for payments to "stop process for review".
• B.  Set the validation failure handling for payments to "show errors".
• C.  Enable debug for the payment format program.
• D.  Set the validation failure handling for documents to "show errors".