Oracle 1z1-408 : Oracle Fusion Financials: General Ledger 2014 Essentials

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Oracle 1z1-408 Exam Syllabus Topics:

Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

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

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

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

A) Chart of accounts was not deployed.
B) Accounting Configuration was not submitted-
C) An Audit process needs to be successfully performed before a tree version can be set to Active.
D) Two tree versions were not defined

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

A) Cloud customers can use both OTBI and OBIA.
B) OBIA is based on the universal data warehouse design with different prebuilt adapters that canconnect to various source application
C) OBIA works for multiple sources including E-Business Suite, PeopleSoft, JD Edwards, SAP, andFusion Applications.
D) Both OBIA and OTBI provide a set of predefined reports and dashboards and a library of metrics that help to measure business performance
E) OTBI allows you to create custom reports from real-time transactional data against thedatabase directly

4. What Is Oracle Essbase?

A) A robust reporting and analysis tool
B) A data ware house
C) A relational database
D) A multidimensional Online Analytical Processing (OLAP) server that is embedded in Fusion GeneralLedger

5. You want to automatically post journal batches imported from subledger source to prevent accidental edits of deletions of the subledger sources journals, which could cause an out -ofbalance situation between your sub ledgers and general ledger.
Which two aspects should you consider when defining your AutoPost Criteria?

A) Use the Alloption for category and accounting period to reduce maintenance and ensure that all imported journals are included in the posting process.
B) Schedule your AutoPost Criteria set to run during off-peak hours only
C) Create your AutoPost criteria using minimal source and categories.
D) Include all of your sub ledger sources in the AutoPost Criteria. Divide up criteria sets by subledger source only if you need to schedule different posting times.

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