If you wish to pass 1Z0-408 we highly recommend our demo. Lead2pass is the most credible and authentic source of information on all the available certification exams and we strive to keep our products up-to-date and reliable on a consistent basis.
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 to a default account regardless of the account type.
What is the solution?
A. Create two journalline rules with a condition of supplier type.
B. Create an AccountRule with 31rule elements using one condition for each expense type and another for supplier type.
C. Create an Account Rule with two rule elements using one for expense type mapping and the other for the condition of supplier type.
D. Createan Account Rule with three rule elements using one for expense type mapping, one for condition of supplier type,and the other without any conditions.
Answer: C
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?
A. Perform an account analysis online.
B. Open a Smart View file saved on your desktop.
C. Create an Account Group using Account Monitor.
D. Use Account Inspector.
Answer: D
QUESTION 3
Identify three differences between Oracle Transactional Business Intelligence (OTBI) and Oracle Business Intelligence Applications (OBIA).
A. OBIA is based on the universal data warehouse design with different prebuilt adapters thatcanconnect to various source application
B. Both OBIA and OTBI provide a set of predefinedreports and dashboards and a library of metricsthat help to measure business performance
C. OBIA works for multiple sources includingE-Business Suite, PeopleSoft, JD Edwards, SAP, andFusion Applications.
D. OTBI allows you tocreatecustom reports from real-time transactional data against thedatabasedirectly
E. Cloud customerscan use both OTBI and OBIA.
Answer: BCD
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 suggested best practice for doing this?
A. Create a segment that acts as the primary balancing segment and create values that represent a concatenation of all three business dimensions.
B. Use account hierarchies to create different hierarchies for different purposes and use those hierarchies for reporting.
C. Create three segments and qualify them as the primary balancing segment, second, and third balancing segments, respectively.
D. Create two segments where the first segment represents the concatenation of Company and Line of Business, and then enable secondary tracking for the Product Segment.
Answer: C
Explanation:
http://docs.oracle.com/cd/E15586_01/fusionapps.1111/e20374/F484498AN122F4.htm
QUESTION 5
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
Answer: D
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 efficient way to achieve this?
A. When viewing the report, download to Excel anduse Excel’s Charting features to create your bargraph.
B. When designing your financial statement using Financial Report (FR),embed a chart into yourreport
C. Use Account Inspector that automatically creates graphs on financial balances.
D. Use Smart View, which is and Excel Add-on
Answer: C
Explanation:
https://docs.oracle.com/cd/E37017_01/doc.1115/e22893/F479559AN10590.htm
QUESTION 7
On which three occasions are Essbase balances updated?
A. Every time the tree version is published
B. Every time journals are posted to the general ledger
C. Every time you run the batch program called “Update Essbase Balances”
D. At report run-time
E. Every time you open a new period
Answer: ABD
QUESTION 8
Which two delivered ro.es can access the full functionality of Functional Setup Manager,
A. Application Implementation Manager
B. Functional Setup Manager Superuser
C. Application Implementation Consultant
D. Any functional user
E. ITSecurity Manager
Answer: BE
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 automatic posting criteria?
A. Journal Category
B. Journal Source
C. Journal Batch
D. Journal Description
Answer: C
QUESTION 10
What are the two benefits of having the Essbase cube embedded in Fusion General Ledger?
A. General ledger balances are multidimensional, allowing you to perform robust reporting and analysis.
B. You can access real-time results for reporting and analysis because every time a transaction is posted in General Ledger, multidimensional balances are also updated simultaneously.
C. You no longer need to create and maintain hierarchies because the Essbase cubes are created when you create your chart of accounts.
D. Posting performanceis much faster.
E. Integrating with third-party systems is easier because the Essbase cube provides chart of accounts mapping rules.
Answer: BE
Lead2pass guarantee your 1Z0-408 exam success with our Exam Resources . Our 1Z0-408 braindumps are the latest and developed by experience’s IT certification Professionals working in today’s prospering companies and data centers. All our 1Z0-408 brain dumps including 1Z0-408 exam questions which guarantee you can 100% success 1Z0-408 exam in your first try exam.