Online Access Free 1Z0-1004 Exam Questions

You want to be notified of anomalies in certain account balances in real time. What is the most efficient way to do this?

• A.Open a Smart View file saved on your desktop
• B.Create an Account Group using Account Monitor
• C.Perform an account analysis online
• D.Use Account Inspector

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

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

You already ran Translation, but a last-minute adjusting journal entry in your ledger currency was entered after you consolidated your results. What is Oracle's recommended practice when this occurs?

• A.Translate only the adjusting journal entry
• B.Enter another adjusting journal entry in the target currency to true up the balances
• C.Rerun Revaluation and then rerun Translation
• D.Rerun Translation and then reconsolidate your results

Which two statements are true regarding how Intercompany Balancing Rule are defined? (Choose two.)

• A.You can define different balancing rules for different combinations of journal sources, journal categories, and transaction types.
• B.All ledgers engaged in an intercompany transaction must share the same chart of accounts in order to define balancing rules.
• C.You can only define balancing rules for different journals' sources. You cannot define balancing rules for different journal categories.
• D.You can define different rules for different charts of accounts, ledgers, legal entities, and primary balancing segment values.ys

You want to monitor the close process of all your financial subledgers and ledgers. How can you quickly obtain this information?

• A.Run Closing Status reports
• B.Use the Manage Accounting Periods page to view the status of all subledgers and ledgers
• C.Access each subledgers' calendar and General Ledger's Manage Accounting Periods page to view the status of each period
• D.Use Close Monitor in General Accounting Dashboard