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

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Oracle 1z1-408 Exam Syllabus Topics:

Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

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

A) Select the Data/Missing check box in the Data Options tab.
B) This indicates a database connection issue. Try to reconnect to Fusion Applications.
C) Use Excel functions to hide rows with #Missing assigned
D) Choose the Suppress Zeros option under Data options.

2. 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 Description
B) Journal Category
C) Journal Batch
D) Journal Source

3. What Is Oracle Essbase?

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

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

A) Define the hierarchy and make sure the tree is active. The hierarchy will be system generated for
B) Define the hierarchy, make sure the tree version is active, and then run the publish account Hierarchies program or the Publish Chart of Accounts Dimension Members and Hierarchies
C) Define the hierarchy, make sure the tree is active, and the Publish check box is selected for the hierarchy.
D) Define the hierarchy, then deploy the chart of accounts. The chart of accounts hierarchies will be generated automatically.

5. 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 causes delays in reconciliation.
What feature can you use to be proactively notified of account anomalies in a more timelymanner?

A) Financial Reports with Embedded charts
B) Account Inspector and its charts
C) Account Monitor
D) Smart View

Solutions: