1Z0-408 Exam Questions
85 real 1Z0-408 exam questions with expert-verified answers and explanations. Page 1 of 2.
- Question #1
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...
- Question #2
You want to be notified of anomalies in certain account balances in real time. What is the rnost efficient way to do this?
- Question #3
Identify three differences between Oracle Transactional Business Intelligence (OTBI) and Oracle Business Intelligence Applications (OBIA).
- Question #4
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...
- Question #5
You defined a tree or hierarchy, but you are unable to set its status to Active. What is the reason?
- Question #6
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...
- Question #7
On which three occasions are Essbase balances updated?
- Question #8
Which two delivered ro.es can access the full functionality of Functional Setup Manager,
- Question #9
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...
- Question #10
What are the two benefits of having the Essbase cube embedded in Fusion General Ledger?
- Question #11
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...
- Question #12
Which two General Ledger work would you assign to all your entry-level General Ledger accountants?
- Question #13
You need to define multiple allocation rules as efficiently as possible. Which three components can be reused across allocation rules?
- Question #14
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.
- Question #15
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...
- Question #16
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...
- Question #17
Which two methods can your General Ledger accountants use to more easily view large amounts of contained in the tables in their work areas?
- Question #18
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...
- Question #19
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?
- Question #20
What are the tables or views from which the Create Accounting program takes source data that is used in rules to create journal entries?
- Question #21
Which two statements are true regarding the export/import of reports?
- Question #22
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...
- Question #23
How do you identify errors in the accounting calendar?
- Question #24
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...
- Question #25
You want to display OTBI reports and graphs in PowerPoint to show general ledger or subledger data. How do you accomplish this?
- Question #26
Your customer is having issues transferring intercompany transactions to General Ledger.. Identify three reasons for this.
- Question #27
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?
- Question #28
Alter submitting the journal for approval, you realize that the department value in the journal incorrect. How do you correct the value?
- Question #29
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...
- Question #30
Your company has complex consolidation requirements with multiple general ledger instances. You are using Oracle Hyperion Financial Management to consolidate the disparate General...
- Question #31
While creating a Journal Entry Rule Set, you are not able to use an Account Rule recently created. Which two options explain that?
- Question #32
What's the difference between subject areas that append the word "Real Time" and those that do not?
- Question #33
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...
- Question #34
You want to process multiple allocations at the same time. What feature do you use?
- Question #35
What type of user must be defined before you can create an Implementation Project?
- Question #36
Your customer is reconciling their Intercompany Receivables accounts. Which two reports should they use In addition to using the intercompany Reconciliation report?
- Question #37
What Is Oracle Essbase?
- Question #38
How do you hide accounts with no balances showing #Missing in Smart view?
- Question #39
What process must be followed to propagate a chart of accounts hierarchy to the Essbase cube?
- Question #40
You want to monitor the dose process of all your financial subledgers and ledgers. How can you quickly obtain this information?
- Question #41
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?
- Question #42
Which two are prerequisites for creating subledger accounting entries?
- Question #43
Which repot show you differences between your subledger balances and General Ledger balances?
- Question #44
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...
- Question #45
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...
- Question #46
Which statement is true when creating an Implementation Project for Fusion Financials?
- Question #47
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...
- Question #48
You lust submitted the Accounting Configuration. Which two statements are correct?
- Question #49
Your Financial Analyst needs to interactively analyze General Ledger balances with the ability down to originating transactions. Which three features facilitate this?
- Question #50
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...