Free Oracle 1z1-975 Exam Dumps Questions & Answers

Which two can you use to view supporting reference balances?

• A.  Submit the standard Supporting Reference Balances Report.
• B.  Use Business Intelligence Publisher to build a custom report.
• C.  Use Oracle Transactional Business Intelligence to create an analysis using the Subledger Accounting - Supporting Reference Real Time subject area.
• D.  Use the Supporting Reference Balance Inquiry page.

You need to build a complex account rule. Which four value types you use in yourdefinition?

• A.  Value Set
• B.  Mapping Set
• C.  Source
• D.  Account Combination
• E.  Constant
• F.  Existing Account Rule

Given the journal:

What is the terminology that is used to identify the "Account Number', 'Original Balance' , and 'Origination Date' fields?

• A.  Attribute Identifier
• B.  System Identifier
• C.  User Transaction Identifier
• D.  Source System Identifier

Most of the accounting entries for transaction from the source system use TRANSACTION_AMOUNT as a source of the entered amount accounting attribute. For some events, you need to use the TAX_AMOUNT source.
At what level can you override the default accounting attribute assignment?

• A.  Journal Line Rule
• B.  Journal Entry
• C.  Event Type
• D.  Event Class
• E.  Journal Entry Rule Set

'Insurances for Homes' company provide home insurance service. They have in-house built system that processes home insurance payments received from customers. The end result of the process consists of a listing of individual journal entries in a spreadsheet. They have requirements for getting all journal entries in a secure and auditable repository. Access will be limited to selective staff members. Additionally, be able to report and view the entries using an advanced reporting and analytical tools for slicing and dicing the Journal entries.
Which is a correct example for a formula to prorate amounts evenly across each period? Note that the NumberofGLPeriod is a predefined function that returns the number of non adjustment accounting periods between two dates.

• A.  "Amount" - ("Last Day of Current Accounting Period" - "Effective Date" ) / ("Expiry Date" -"Effective Date")
• B.  "Amount" * ("Last Day ol Current Accounting Period" - "Effective Date" + 1) / (("Expiry Date"
  "Effective Date") + 1)
• C.  "Amount" * NumberofGLPeriod ("Effective Date", "Last Day of Current Accounting Period") / NumberofGLPeriod ("Effective Date", 'Expiry Date")
• D.  "Amount" *( NumberofGLPeriod ("Effective Date", "Last Day of Current Accounting Period") + 1)/ (NumberofGLPeriod ("Effective Date", "Expiiy Date") + 1)