1Z0-408 Exam Questions

Invoices received from a source system need to use a specific account based on 30 different expense types. However, if the invoice is from a specific supplier type, it needs to go...

You want to be notified of anomalies in certain account balances in real time. What is the rnost efficient way to do this?

Identify three differences between Oracle Transactional Business Intelligence (OTBI) and Oracle Business Intelligence Applications (OBIA).

Your customer wants to create fully balanced balance sheets for the Company, Line of Business, and product segments for both financial and management reporting. What is Oracle's su...

You defined a tree or hierarchy, but you are unable to set its status to Active. What is the reason?

You are creating financial statements and want to have charts, such as a bar graph, automatically inserted to improve the understanding of the financial results. What's the most ef...

On which three occasions are Essbase balances updated?

Which two delivered ro.es can access the full functionality of Functional Setup Manager,

The Accounting Manager requests that a schedule be created to automatically post journals from subledgers at different times. Which journal attribute should you use to set the auto...

What are the two benefits of having the Essbase cube embedded in Fusion General Ledger?

You operate in a country whose unstable currency makes it unsuitable for managing your day-to- day business. As a consequence, you need to manage your business in a more stable cur...

Which two General Ledger work would you assign to all your entry-level General Ledger accountants?

You need to define multiple allocation rules as efficiently as possible. Which three components can be reused across allocation rules?

You need to integrate Fusion Accounting Hub with external source systems used for Billing. Identity the step that is not correct when implementing this integration.

You need to define a chart of accounts that includes an intercompany segment. Your customer plans to use segment value security rules for the Company segment. What does Oracle cons...

Your customer wants to have balance sheets and income statements for their cost center and program segments. That is, they want to have three balancing segments. Which two recommen...

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

Your customer is expanding its operations. You defined a new ledger and several business units. However, you are unable to assign the newly generated data roles to existing Account...

You entered users who are both employees and contingent workers. You want an automated way to assign, reassign, and remove roles from users. What feature do you use?

What are the tables or views from which the Create Accounting program takes source data that is used in rules to create journal entries?

Which two statements are true regarding the export/import of reports?

You are defining intercompany balancing rules that are applied to a specific source and category, such as payables and invoices, or a specific intercompany transaction type, such a...

How do you identify errors in the accounting calendar?

The company has four legal entities operating in US CA, US-NY, Canada and the UK. The chart of accounts and the accounting calendar are the same for US CA, US-NY and Canada but NOT...

You want to display OTBI reports and graphs in PowerPoint to show general ledger or subledger data. How do you accomplish this?

Your customer is having issues transferring intercompany transactions to General Ledger.. Identify three reasons for this.

When working with Essbase, versions of the tree hierarchy as defined in the Fusion not available in the Essbase balances cube. What should you do to correct this situation?

Alter submitting the journal for approval, you realize that the department value in the journal incorrect. How do you correct the value?

Journal approval uses Approvals Management Extension (AMX). Which AMX builder method is most effective in routing the journals to the Accounting Manager when the General Ledger Acc...

Your company has complex consolidation requirements with multiple general ledger instances. You are using Oracle Hyperion Financial Management to consolidate the disparate General...

While creating a Journal Entry Rule Set, you are not able to use an Account Rule recently created. Which two options explain that?

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

All of your subsidiaries can share the same ledger with their parent company and all reside on the same application instance. They do perform intercompany accounting. What does Ora...

You want to process multiple allocations at the same time. What feature do you use?

What type of user must be defined before you can create an Implementation Project?

Your customer is reconciling their Intercompany Receivables accounts. Which two reports should they use In addition to using the intercompany Reconciliation report?

What Is Oracle Essbase?

How do you hide accounts with no balances showing #Missing in Smart view?

What process must be followed to propagate a chart of accounts hierarchy to the Essbase cube?

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

After loading your budget data into Fusion Genera. Ledger, you can view budget balances using these feature. Which feature does not belong on the list?

Which two are prerequisites for creating subledger accounting entries?

Which repot show you differences between your subledger balances and General Ledger balances?

Your company wants to change the Cumulative Translation Adjustment (CTA) account to record gains/losses from varying currency rates. What steps must you perform to achieve this obj...

Your new accountants have been making mistakes in reconciling accounts assigned to them. Yourbalances have either spiked or dropped 30-40% every period due to human error. This cau...

Which statement is true when creating an Implementation Project for Fusion Financials?

You already ran Translation, but a last-minute adjusting journal entry in your ledger currency was entered after you consolidated your results. What does Oracle consider best pract...

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

Your Financial Analyst needs to interactively analyze General Ledger balances with the ability down to originating transactions. Which three features facilitate this?

Your customer requires physical invoices to be generated in Fusion Payables and Fusion Receivables for the intercompany payables and receivables transactions. What statement is cor...