Online Access Free 1z0-960 Exam Questions

You are implementing Fusion Accounting Hub for your external Accounts Receivables system. The external system sends invoices billed and cash receipts in a flat file, along with the customer classification information.
You want the accounting amounts to be tracked by customers too but you do not want to add a Customer segment to your chart of accounts.
What is the solution?

• A.Capture customer information as the source and develop a custom report using Online Transactional Business Intelligence (OTBI).
• B.Use Supporting References to capture customer classification information.
• C.Use the Third Party Control Account feature.
• D.Use the Open Account Balances Listing report that has balances by customer.

You want to monitor the close process of all your financial subledgers and ledgers.
How can you quickly obtain this information?

• A.Use the Manage Accounting Periods page to view the status of all subledgers and ledgers.
• B.Use Close Monitor in General Accounting Dashboard.
• C.Run Closing Status reports.
• D.Access each subledgers' calendar and General Ledger's Manage Accounting Periods page to view the status of each period.

Your customer requires physical invoices to be generated in Payables cloud and Receivables cloud for the intercompany payables and receivables transactions.
What statement is correct with regard to setting this up?

• A.You must perform additional setup steps for Payables Cloud and Receivables Cloud.
• B.You only need to assign the Legal Entity and Organization Contact.
• C.You must assign the corresponding Receivables and Payables Business Units.
• D.You can only associate one Intercompany Organization per Legal Entity.

Which two methods can your General Ledger accountants use to more easily view large amounts of contained in the tables in their work areas? (Choose two.)

• A.Export the table to Excel.
• B.Run a Business Intelligence Publisher report with Excel as the output format.
• C.Use the Freeze feature on the tables to scroll through large amounts of data.
• D.Detach the table to resize it to the maximum size of the monitor

Your customer is closing their period and they are using Fusion Intercompany to create physical invoices in Fusion Payables and Receivables.
What is the correct order of steps to close Fusion sub ledgers, Fusion Intercompany, and Fusion General Ledger?

• A.You only need to close Fusion Payables and Receivables periods followed by the Fusion GeneralLedger's period.
• B.Close the related intercompany period, close Fusion Payables and Receivables periods, and then Fusion General Ledger.
• C.Close Fusion Payables and Receivables periods, close Fusion General Ledger, and then close the related intercompany period
• D.Close Fusion Payables and Receivables periods, close the related intercompany period, and then close the Fusion General Ledger's period.