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Oracle 1z1-408 Exam Syllabus Topics:

Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

Question 1

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

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

Question 2

You customer is a financial Institution that needs to maintain overage daily balances (ADB).
Which two statements are true regarding this functionality in Fusion Applications?

A. Average balances are maintained for both actual and budget balances.
B. ADB provides organizations with the ability to track average and end-of-day balances, reportaverage balance sheets, and create custom reports using both actual and average balances.
C. Average balances are stored in the Essbase cube.
D. When using ADB, you must define a daily calendar and assign it to your ADB ledger.
E. Average balances are stored for both subledger balances and general ledger balances.

Question 3

Your customer has only licensed Fusion Financials and wants to use approval workflows.
Using which page to enter users and assign roles does Oracle consider best practice?

A. Manage Users
B. Oracle Identity Management (OIM)
C. Financials not a stand-alone product
D. Hire a New Ernployee
E. Policy Manager (APM)

Question 4

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

A. Click the Withdraw Approval button in the Edit Journals page and edit the journal.
B. Delete the journal and create a new journal.
C. Update the journal through workflow
D. Reverse the journaland create a new one.

Question 5

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?

A. Make sure to flatten the rows of the tree version.
B. Make sure the tree is active.
C. Make sure the tree version was published successfully.
D. Redeploy the chart of accounts.

Solutions: