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  • Vendor : Oracle
  • Certifications : Oracle Cloud
  • Exam Name : Oracle Account Reconciliation 2023 Implementation Professional
  • Exam Code : 1z0-1087-23
  • Total Questions : 376 Q&As
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VCE Exam Simulator is a test engine designed specifically for certification exam preparation. It allows you to create, edit, and take practice tests in an environment very similar to an actual exam.
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    NEW QUESTION: 1
    You work as a Finance Manager for Blue Well Inc. The company has a Windows-based network. You are using Excel spreadsheet for maintaining financial budget and other financial calculations. You want to return the depreciation of an asset for a specified period by using the fixed-declining balance method and to return the future value of a starting principal after applying a series of compound interest rates.
    Which of the following financial functions will you use to accomplish the task? Each correct answer represents a complete solution. Choose all that apply.
    A. DB function
    B. FVSCHEDULE function
    C. DDB function
    D. NPV function
    Answer: A,B
    Explanation:
    Various financial functions (reference) are as follows:
    1.ACCRINT function: It is used to return the accrued interest for a security that pays periodic interest.
    2.ACCRINTM function: It is used to return the accrued interest for a security that pays
    interest at maturity.
    3.AMORDEGRC function: It is used to return the depreciation for each accounting period by using a depreciation coefficient.
    4.COUPDAYBS function: It is used to return the number of days from the beginning of the coupon period to the settlement date.
    5.AMORLINC function: It is used to return the depreciation for each accounting period.
    6.COUPDAYS function: It is used to return the number of days in the coupon period containing the settlement date.
    7.COUPDAYSNC function: It is used to return the number of days from the settlement date to the next coupon date.
    8.COUPNCD function: It is used to return the next coupon date after the settlement date.
    9.COUPNUM function: It is used to return the number of coupons payable between the settlement date and maturity date.
    10.
    COUPPCD function: It is used to return the previous coupon date before the settlement date.
    11.
    CUMIPMT function: It is used to return the cumulative interest paid between two periods.
    12.
    CUMPRINC function: It is used to return the cumulative principal paid on a loan between two periods.
    13.
    DB function: It is used to return the depreciation of an asset for a specified period by using the fixed-declining balance method.
    14.
    DDB function: It is used to return the depreciation of an asset for a particular period by using the double-declining balance method.
    15.
    DISC function: It is used to return the discount rate for a security.
    16.
    DOLLARDE function: It is used to convert a dollar price that is expressed as a fraction into a dollar price that is expressed as a decimal number.
    17.
    DOLLARFR function: It is used to convert a dollar price that is expressed as a decimal number into a dollar price that is expressed as a fraction.
    18.
    DURATION function: It is used to return the annual duration of a security with periodic interest payments.
    19.
    EFFECT function: It is used to return the effective annual interest rate.
    20.
    FV function: It is used to return the future value of an investment.
    21.
    FVSCHEDULE function: It is used to return the future value of a starting principal after applying a series of compound interest rates.
    22.
    INTRATE function: It is used to return the interest rate for a fully invested security.
    23.
    IPMT function: It is used to return the interest payment for an investment for a specified period.
    24.
    IRR function: It is used to return the internal rate of return for a series of cash flows.
    25.
    ISPMT function: It is used to calculate the interest paid during a particular period of an investment.
    26.
    MDURATION function: It is used to return the Macauley modified duration for a security with an assumed par value of $100.
    27.
    MIRR function: It is used to return the internal rate of return in which positive and negative cash flows are financed at different rates.
    28.
    NOMINAL function: It is used to return the annual nominal interest rate.
    29.
    NPER function: It is used to return the number of periods for an investment.
    30.
    NPV function: It is used to return the net present value of an investment on the basis of a series of periodic cash flows and a discount rate.
    31.
    ODDFPRICE function: It is used to return the price per $100 face value of a security with an odd first period.
    32.
    ODDFYIELD function: It is used to return the yield of a security with an odd first period.
    33.
    ODDLPRICE function: It is used to return the price per $100 face value of a security with an odd last period.
    34.
    ODDLYIELD function: It is used to return the yield of a security with an odd last period.
    35.
    PMT function: It is used to return the periodic payment for an annuity.
    36.
    PPMT function: It is used to return the payment on the principal for an investment for a particular defined period.
    37.
    PRICE function: It is used to return the price per $100 face value of a security that pays Periodic interest.
    38.
    PRICEDISC function: It is used to return the price per $100 face value of a discounted security.
    39.
    PRICEMAT function: It is used to return the price per $100 face value of a security that pays interest at maturity.
    40.
    PV function: It is used to return the current value of an investment.
    41.
    RATE function: It is use d to return the interest rate per period of an annuity.
    42.
    RECEIVED function: It is used to return the amount received at maturity for a fully invested security.
    43.
    SLN function: It is used to return the straight-line depreciation of an asset for one period.
    44.
    SYD function: It is used to return the sum-of-years' digits depreciation of an asset for a particular period.
    45.
    TBILLEQ function: It is used to return the bond-equivalent yield for a Treasury bill.
    46.
    TBILLPRICE function: It is used to return the price per $100 face value for a Treasury
    bill.
    47.
    TBILLYIELD function: It is used to return the yield for a Treasury bill.
    48.
    VDB function: It is used to return the depreciation of an asset for a specified or partial period by using a declining balance method.
    49.
    XIRR function: It is used to return the internal rate of return for a schedule of cash flows that is not necessarily periodic.
    50.
    XNPV function: It is used to return the net present value for a schedule of cash flows that is not necessarily periodic.
    51.
    YIELD function: It is used to return the yield on a security that pays periodic interest.
    52.
    YIELDDISC function: It is used to return the annual yield for a discounted security.
    53.
    YIELDMAT function: It is used to return the annual yield of a security that pays interest at maturity.

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    A. Multimeter
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    C. Loopback plug
    D. WiFi analyzer
    Answer: B

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    A. INI files
    B. Dockerfiles
    C. YAML files
    D. Python libraries
    E. environment variables
    Answer: C


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